Clean Harbors, Inc. (NYSE:CLH - Get Free Report) Director Lauren States sold 308 shares of Clean Harbors stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $249.78, for a total transaction of $76,932.24. Following the completion of the sale, the director now owns 12,842 shares of the company's stock, valued at approximately $3,207,674.76. The trade was a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Lauren States also recently made the following trade(s):
NYSE:CLH traded down $3.40 on Monday, reaching $243.99. 66,737 shares of the stock traded hands, compared to its average volume of 296,616. The firm has a market capitalization of $13.15 billion, a price-to-earnings ratio of 31.90 and a beta of 1.20. Clean Harbors, Inc. has a 1-year low of $158.42 and a 1-year high of $267.11. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. The company's 50 day moving average is $249.02 and its 200-day moving average is $233.92.
Clean Harbors (NYSE:CLH - Get Free Report) last released its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the firm earned $1.68 EPS. Clean Harbors's quarterly revenue was up 12.0% on a year-over-year basis. Equities research analysts anticipate that Clean Harbors, Inc. will post 7.29 EPS for the current fiscal year.
A number of institutional investors have recently modified their holdings of the stock. Innealta Capital LLC acquired a new position in shares of Clean Harbors during the second quarter valued at about $25,000. UMB Bank n.a. grew its stake in Clean Harbors by 63.4% in the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider's stock valued at $52,000 after acquiring an additional 83 shares during the period. Brown Brothers Harriman & Co. bought a new stake in shares of Clean Harbors during the second quarter valued at approximately $56,000. Prospera Private Wealth LLC acquired a new position in shares of Clean Harbors during the third quarter worth approximately $56,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of Clean Harbors by 161.6% in the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider's stock worth $63,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.
Several research firms have commented on CLH. StockNews.com lowered shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price target on Clean Harbors from $223.00 to $256.00 and gave the company a "neutral" rating in a research note on Thursday, August 1st. Needham & Company LLC dropped their target price on shares of Clean Harbors from $274.00 to $268.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Truist Financial lifted their price target on shares of Clean Harbors from $260.00 to $280.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Finally, Robert W. Baird cut their target price on shares of Clean Harbors from $300.00 to $285.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $254.33.
Read Our Latest Report on 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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Clean Harbors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Clean Harbors wasn't on the list.
While Clean Harbors currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.