Q2 EPS Estimates for Clean Harbors Lifted by Zacks Research

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Analysts at Zacks Research increased their Q2 2025 earnings per share estimates for Clean Harbors in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst S. Goswami now expects that the business services provider will post earnings per share of $2.56 for the quarter, up from their previous estimate of $2.50. The consensus estimate for Clean Harbors' current full-year earnings is $7.29 per share. Zacks Research also issued estimates for Clean Harbors' Q3 2025 earnings at $2.23 EPS, Q2 2026 earnings at $2.33 EPS, Q3 2026 earnings at $2.33 EPS and FY2026 earnings at $8.97 EPS.

A number of other equities research analysts have also recently commented on the stock. The Goldman Sachs Group upped their target price on shares of Clean Harbors from $223.00 to $256.00 and gave the company a "neutral" rating in a report on Thursday, August 1st. Truist Financial increased their price objective on Clean Harbors from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Stifel Nicolaus reissued a "buy" rating and issued a $275.00 target price (up previously from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. StockNews.com downgraded Clean Harbors from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st. Finally, Needham & Company LLC dropped their price objective on shares of Clean Harbors from $274.00 to $268.00 and set a "buy" rating on the stock in a research note on Thursday, October 31st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Clean Harbors has a consensus rating of "Buy" and an average target price of $254.33.

Clean Harbors Stock Performance

CLH stock traded up $2.47 on Friday, hitting $252.50. The company's stock had a trading volume of 353,565 shares, compared to its average volume of 296,830. The stock has a market cap of $13.61 billion, a price-to-earnings ratio of 32.83 and a beta of 1.20. The firm has a 50 day moving average of $249.68 and a two-hundred day moving average of $234.66. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. Clean Harbors has a 1 year low of $158.42 and a 1 year high of $267.11.

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

Insider Buying and Selling

In other news, Director Lauren States sold 308 shares of the firm's stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total transaction of $80,307.92. Following the completion of the transaction, the director now directly owns 13,150 shares of the company's stock, valued at $3,428,731. This trade represents a 2.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael Louis Battles sold 10,000 shares of the company's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $245.74, for a total value of $2,457,400.00. Following the completion of the sale, the chief executive officer now directly owns 77,136 shares in the company, valued at approximately $18,955,400.64. The trade was a 11.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,586 shares of company stock valued at $4,351,841. Corporate insiders own 5.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in shares of Clean Harbors by 3.0% in the third quarter. Wellington Management Group LLP now owns 3,451,751 shares of the business services provider's stock valued at $834,323,000 after purchasing an additional 100,394 shares during the period. FMR LLC lifted its position 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 valued at $422,319,000 after buying an additional 187,140 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Clean Harbors by 0.5% in the third quarter. Janus Henderson Group PLC now owns 1,598,915 shares of the business services provider's stock valued at $386,477,000 after purchasing an additional 7,948 shares during the last quarter. State Street Corp grew its stake in Clean Harbors by 1.5% during the 3rd quarter. State Street Corp now owns 1,510,363 shares of the business services provider's stock valued at $365,070,000 after purchasing an additional 21,662 shares in the last quarter. Finally, Clearbridge Investments LLC increased its holdings in Clean Harbors by 30.6% during the 2nd quarter. Clearbridge Investments LLC now owns 1,058,415 shares of the business services provider's stock worth $239,361,000 after purchasing an additional 248,240 shares during the last quarter. Institutional investors and hedge funds own 90.43% 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.