Heritage-Crystal Clean (NASDAQ:HCCI) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Heritage-Crystal Clean (NASDAQ:HCCI) in a research note issued to investors on Saturday. The firm set a “buy” rating on the industrial products company’s stock.

HCCI has been the topic of a number of other research reports. Needham & Company LLC reissued a “hold” rating on shares of Heritage-Crystal Clean in a research report on Thursday, July 20th. Roth Mkm reissued a “buy” rating and issued a $45.50 target price on shares of Heritage-Crystal Clean in a research report on Tuesday, August 29th. Roth Capital lowered Heritage-Crystal Clean from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 29th. Robert W. Baird lowered Heritage-Crystal Clean from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 24th. Finally, Barrington Research lowered Heritage-Crystal Clean from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $46.00 to $45.50 in a research report on Thursday, July 20th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $44.29.

Heritage-Crystal Clean Trading Down 0.0 %

NASDAQ HCCI opened at $45.15 on Friday. The firm has a market cap of $1.10 billion, a P/E ratio of 14.11 and a beta of 1.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.86 and a quick ratio of 1.42. The stock’s 50-day moving average is $44.27 and its 200-day moving average is $38.34. Heritage-Crystal Clean has a one year low of $25.70 and a one year high of $47.98.

Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings results on Wednesday, August 9th. The industrial products company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.19). The business had revenue of $192.17 million for the quarter, compared to analyst estimates of $195.22 million. Heritage-Crystal Clean had a return on equity of 15.63% and a net margin of 9.51%. Sell-side analysts anticipate that Heritage-Crystal Clean will post 2.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HCCI. Dorsey Wright & Associates acquired a new position in shares of Heritage-Crystal Clean during the 4th quarter worth approximately $28,000. Citigroup Inc. boosted its stake in shares of Heritage-Crystal Clean by 59.0% during the 1st quarter. Citigroup Inc. now owns 790 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 293 shares during the period. Advisor Group Holdings Inc. boosted its stake in shares of Heritage-Crystal Clean by 1,693.8% during the 4th quarter. Advisor Group Holdings Inc. now owns 861 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 813 shares during the period. West Tower Group LLC bought a new position in shares of Heritage-Crystal Clean during the 2nd quarter worth approximately $49,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Heritage-Crystal Clean by 317.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,606 shares of the industrial products company’s stock worth $61,000 after acquiring an additional 1,221 shares during the period. Institutional investors and hedge funds own 61.96% of the company’s stock.

Heritage-Crystal Clean Company Profile

Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized customers in the industrial and vehicle maintenance sectors in North America. It operates through two segments, Environmental Services and Oil Business.