Clean Harbors Q1 EPS Estimate Decreased by Zacks Research

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Analysts at Zacks Research cut their Q1 2025 earnings estimates for Clean Harbors in a note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Goswami now expects that the business services provider will post earnings of $1.04 per share for the quarter, down from their previous forecast of $1.36. The consensus estimate for Clean Harbors' current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors' Q2 2025 earnings at $2.36 EPS, Q1 2026 earnings at $1.88 EPS, Q3 2026 earnings at $2.27 EPS, Q4 2026 earnings at $2.16 EPS and FY2026 earnings at $8.72 EPS.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.82 earnings per share.

Other equities analysts also recently issued research reports about the stock. Needham & Company LLC reiterated a "buy" rating and set a $268.00 target price on shares of Clean Harbors in a research note on Thursday, February 20th. Oppenheimer lowered their target price on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus lowered their target price on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. StockNews.com upgraded shares of Clean Harbors from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, BMO Capital Markets lowered their target price on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Clean Harbors has an average rating of "Buy" and a consensus target price of $266.56.

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Clean Harbors Stock Up 0.9 %

Shares of NYSE:CLH traded up $1.81 during trading on Monday, hitting $198.57. The company's stock had a trading volume of 278,059 shares, compared to its average volume of 315,543. The business has a 50 day moving average price of $221.86 and a two-hundred day moving average price of $237.29. The company has a market capitalization of $10.69 billion, a PE ratio of 26.73 and a beta of 1.22. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21. Clean Harbors has a fifty-two week low of $186.54 and a fifty-two week high of $267.11.

Institutional Investors Weigh In On Clean Harbors

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Clean Harbors by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,659,064 shares of the business services provider's stock valued at $1,072,237,000 after buying an additional 11,814 shares during the last quarter. Wellington Management Group LLP raised its holdings in Clean Harbors by 17.2% during the fourth quarter. Wellington Management Group LLP now owns 4,044,092 shares of the business services provider's stock worth $930,707,000 after purchasing an additional 592,341 shares in the last quarter. Select Equity Group L.P. raised its holdings in Clean Harbors by 4.8% during the fourth quarter. Select Equity Group L.P. now owns 1,751,478 shares of the business services provider's stock worth $403,085,000 after purchasing an additional 80,436 shares in the last quarter. FMR LLC raised its holdings in Clean Harbors by 12.0% during the third quarter. FMR LLC now owns 1,747,215 shares of the business services provider's stock worth $422,319,000 after purchasing an additional 187,140 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in Clean Harbors by 72.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider's stock worth $381,602,000 after purchasing an additional 697,630 shares in the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Clean Harbors

In other news, insider Robert Speights sold 2,725 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total value of $518,949.00. Following the completion of the sale, the insider now directly owns 40,008 shares of the company's stock, valued at approximately $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lauren States sold 308 shares of the company's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the sale, the director now directly owns 12,226 shares of the company's stock, valued at $2,922,503.04. The trade was a 2.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,341 shares of company stock worth $663,041 over the last 90 days. Corporate insiders own 5.90% of the company's stock.

About Clean Harbors

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.