Clean Harbors, Inc. (NYSE:CLH) Director Sells $73,624.32 in Stock

Clean Harbors, Inc. (NYSE:CLH - Get Free Report) Director Lauren States sold 308 shares of the company's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the transaction, the director now directly owns 12,226 shares in the company, valued at $2,922,503.04. This represents a 2.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Lauren States also recently made the following trade(s):

• On Monday, December 16th, Lauren States sold 308 shares of Clean Harbors stock. The stock was sold at an average price of $245.06, for a total transaction of $75,478.48.
• On Friday, November 15th, Lauren States sold 308 shares of Clean Harbors stock. The shares were sold at an average price of $249.78, for a total transaction of $76,932.24.

Clean Harbors Price Performance

CLH stock traded up $2.58 during trading on Friday, hitting $241.80. The stock had a trading volume of 387,965 shares, compared to its average volume of 338,579. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 31.48 and a beta of 1.24. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.76 and a current ratio of 2.10. The company's 50 day moving average price is $242.84 and its two-hundred day moving average price is $240.86. Clean Harbors, Inc. has a 1-year low of $163.72 and a 1-year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 EPS for the quarter, missing analysts' consensus estimates of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The firm had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter last year, the firm earned $1.68 earnings per share. The business's quarterly revenue was up 12.0% compared to the same quarter last year. On average, sell-side analysts forecast that Clean Harbors, Inc. will post 7.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CLH. Oppenheimer increased their target price on shares of Clean Harbors from $255.00 to $256.00 and gave the company an "outperform" rating in a report on Monday. TD Cowen started coverage on Clean Harbors in a research note on Friday, December 6th. They issued a "buy" rating and a $325.00 price objective for the company. Robert W. Baird decreased their target price on Clean Harbors from $300.00 to $285.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. Needham & Company LLC restated a "buy" rating and issued a $268.00 price target on shares of Clean Harbors in a research report on Thursday. Finally, Stifel Nicolaus boosted their price objective on shares of Clean Harbors from $270.00 to $290.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $269.44.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CLH. UMB Bank n.a. raised its stake in Clean Harbors by 63.4% during the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider's stock worth $52,000 after purchasing an additional 83 shares during the period. Brown Brothers Harriman & Co. purchased a new position in shares of Clean Harbors in the 2nd quarter worth $56,000. Prospera Private Wealth LLC acquired a new position in Clean Harbors in the third quarter valued at $56,000. CENTRAL TRUST Co grew its position in Clean Harbors by 161.6% during the third quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider's stock valued at $63,000 after acquiring an additional 160 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in Clean Harbors by 42.6% during the third quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider's stock worth $70,000 after acquiring an additional 87 shares during the last quarter. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Clean Harbors Company Profile

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.