Q3 EPS Estimates for Clean Harbors Increased by Analyst

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Analysts at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for shares of Clean Harbors in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Goswami now expects that the business services provider will post earnings per share of $2.29 for the quarter, up from their prior forecast of $2.23. The consensus estimate for Clean Harbors' current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors' FY2025 earnings at $7.42 EPS, Q2 2026 earnings at $2.42 EPS and FY2027 earnings at $10.10 EPS.

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

Several other equities research analysts have also weighed in on CLH. StockNews.com raised Clean Harbors from a "hold" rating to a "buy" rating in a research report on Wednesday, March 5th. BMO Capital Markets cut their target price on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. TD Cowen assumed coverage on Clean Harbors in a research report on Friday, December 6th. They set a "buy" rating and a $325.00 target price on the stock. Oppenheimer cut their target price on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Finally, Robert W. Baird cut their target price on Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $270.56.

Remove Ads

Clean Harbors Stock Up 0.6 %

Shares of NYSE CLH traded up $1.19 during midday trading on Friday, hitting $194.99. 403,723 shares of the company's stock were exchanged, compared to its average volume of 315,413. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. Clean Harbors has a twelve month low of $186.54 and a twelve month high of $267.11. The company has a market cap of $10.50 billion, a PE ratio of 26.28 and a beta of 1.22. The firm's fifty day simple moving average is $223.19 and its 200-day simple moving average is $237.94.

Insider Activity

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Pictet Asset Management Holding SA boosted its stake in shares of Clean Harbors by 72.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider's stock valued at $381,602,000 after buying an additional 697,630 shares in the last quarter. Norges Bank purchased a new stake in shares of Clean Harbors in the fourth quarter valued at approximately $136,974,000. Wellington Management Group LLP boosted its stake in shares of Clean Harbors by 17.2% in the fourth quarter. Wellington Management Group LLP now owns 4,044,092 shares of the business services provider's stock valued at $930,707,000 after buying an additional 592,341 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Clean Harbors in the fourth quarter valued at approximately $57,956,000. Finally, FMR LLC boosted its stake in shares of Clean Harbors by 12.0% in the third quarter. FMR LLC now owns 1,747,215 shares of the business services provider's stock valued at $422,319,000 after buying an additional 187,140 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

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.