Several other equities analysts have also recently weighed in on CLH. Raymond James raised shares of Clean Harbors from an outperform rating to a strong-buy rating and raised their price target for the company from $120.00 to $125.00 in a research report on Monday, January 10th. Needham & Company LLC reissued a buy rating and issued a $125.00 price target on shares of Clean Harbors in a report on Thursday, February 24th. DA Davidson assumed coverage on shares of Clean Harbors in a research report on Wednesday, March 30th. They set a buy rating and a $130.00 price target for the company. Finally, The Goldman Sachs Group upgraded shares of Clean Harbors from a sell rating to a neutral rating and boosted their price target for the company from $95.00 to $120.00 in a research report on Monday, April 4th. One analyst has rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of Buy and an average target price of $122.22.
Shares of CLH opened at $107.56 on Friday. Clean Harbors has a 12-month low of $86.02 and a 12-month high of $118.89. The business has a 50-day simple moving average of $102.25 and a two-hundred day simple moving average of $102.58. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 1.66. The stock has a market cap of $5.85 billion, a PE ratio of 28.99 and a beta of 1.65.
In other Clean Harbors news, CEO Alan S. Mckim sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, March 17th. The stock was sold at an average price of $109.51, for a total transaction of $3,285,300.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Eric W. Gerstenberg sold 6,927 shares of the company’s stock in a transaction that occurred on Friday, March 25th. The shares were sold at an average price of $106.62, for a total value of $738,556.74. The disclosure for this sale can be found here. In the last 90 days, insiders sold 37,927 shares of company stock valued at $4,119,157. Company insiders own 7.40% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in CLH. Lazard Asset Management LLC purchased a new position in shares of Clean Harbors in the fourth quarter worth $27,000. Captrust Financial Advisors grew its position in Clean Harbors by 97.8% during the third quarter. Captrust Financial Advisors now owns 356 shares of the business services provider’s stock valued at $37,000 after buying an additional 176 shares during the period. Quent Capital LLC acquired a new position in shares of Clean Harbors during the 4th quarter worth about $50,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Clean Harbors during the 3rd quarter worth about $58,000. Finally, Rockefeller Capital Management L.P. raised its position in shares of Clean Harbors by 204.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 745 shares of the business services provider’s stock worth $77,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 87.74% of the company’s stock.
About Clean Harbors (Get Rating)
Clean Harbors, Inc engages in the provision of environmental, energy, and industrial services. It operates through the Environmental Services and the Safety-Kleen Sustainability Solutions segments. The Environmental Services segment consists of the technical services, industrial services, field services, and oil, gas, and lodging businesses.
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