Q2 EPS Estimates for Clean Harbors Reduced by Zacks Research

Clean Harbors, Inc. (NYSE:CLH) – Stock analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for Clean Harbors in a report issued on Monday, February 16th. Zacks Research analyst Team now expects that the business services provider will post earnings of $2.42 per share for the quarter, down from their prior estimate of $2.51. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Clean Harbors’ current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors’ Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $2.47 EPS, Q4 2027 earnings at $1.87 EPS and FY2027 earnings at $7.89 EPS.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.03. Clean Harbors had a return on equity of 14.47% and a net margin of 6.48%.The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the business posted $1.55 EPS. Clean Harbors’s revenue for the quarter was up 4.8% on a year-over-year basis.

CLH has been the topic of a number of other reports. TD Cowen restated a “buy” rating on shares of Clean Harbors in a report on Thursday. Citigroup increased their target price on Clean Harbors from $263.00 to $274.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Clean Harbors in a report on Monday, December 29th. Robert W. Baird set a $300.00 price objective on Clean Harbors in a report on Thursday. Finally, Barclays dropped their target price on Clean Harbors from $253.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Clean Harbors currently has a consensus rating of “Moderate Buy” and an average target price of $280.55.

Clean Harbors Stock Performance

Shares of CLH stock opened at $281.32 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.09 and a current ratio of 2.33. Clean Harbors has a 52 week low of $178.29 and a 52 week high of $286.45. The company’s 50 day moving average price is $254.57 and its two-hundred day moving average price is $239.85. The company has a market capitalization of $15.03 billion, a P/E ratio of 38.64 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Janus Henderson Group PLC grew its holdings in Clean Harbors by 10.0% during the fourth quarter. Janus Henderson Group PLC now owns 2,376,088 shares of the business services provider’s stock worth $557,146,000 after purchasing an additional 215,659 shares during the period. State Street Corp raised its stake in Clean Harbors by 0.8% in the third quarter. State Street Corp now owns 1,515,621 shares of the business services provider’s stock valued at $351,958,000 after buying an additional 12,452 shares during the period. Snyder Capital Management L P lifted its position in shares of Clean Harbors by 7.9% in the third quarter. Snyder Capital Management L P now owns 1,148,504 shares of the business services provider’s stock valued at $266,706,000 after buying an additional 83,638 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Clean Harbors by 8.6% during the 3rd quarter. Bessemer Group Inc. now owns 1,097,702 shares of the business services provider’s stock worth $254,908,000 after acquiring an additional 87,322 shares during the period. Finally, Nordea Investment Management AB increased its holdings in shares of Clean Harbors by 120.8% during the 4th quarter. Nordea Investment Management AB now owns 1,040,594 shares of the business services provider’s stock worth $246,725,000 after acquiring an additional 569,388 shares during the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 601 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $240.90, for a total transaction of $144,780.90. Following the sale, the chief executive officer directly owned 50,454 shares of the company’s stock, valued at approximately $12,154,368.60. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 5.60% of the company’s stock.

More Clean Harbors News

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Q4 results beat expectations — Clean Harbors reported $1.62 GAAP EPS and $1.50B revenue, both ahead of consensus; management highlighted strong segment profitability and record cash generation. Business Wire: Q4 and FY2025 Financial Results
• Positive Sentiment: Strategic acquisition — Clean Harbors agreed to buy Depot Connect International’s Industrial and Rail Services business for about $130M, expanding industrial/rail capabilities and revenue mix. This M&A is likely viewed as accretive and supportive of growth. PR Newswire: Depot Connect sale to Clean Harbors
• Positive Sentiment: Analyst optimism — Needham raised its price target to $308 (buy) and Wells Fargo lifted its target to $291 (equal weight), reflecting refreshed forecasts after the quarter and supporting upside vs. recent levels. Benzinga / coverage of analyst actions
• Neutral Sentiment: Industry/valuation reviews — Post‑earnings pieces and industry outlooks (waste/environmental services) re‑examine CLH valuation, buybacks, fleet investments and competitive positioning; useful context but not immediate catalysts. Yahoo Finance: Valuation after earnings
• Negative Sentiment: Zacks trimmed several near‑term and full‑year EPS forecasts (multiple quarter cuts and a lower FY estimate), and retains a Hold stance — a sign some analysts are more cautious on growth and margin sustainability. This introduces downside risk to short‑term expectations. Zacks: Q4 coverage and estimate commentary
• Negative Sentiment: Cautious management tone — the earnings call noted strong cash but a cautious outlook, which can temper enthusiasm if investors were expecting aggressive near‑term guidance improvements. TipRanks: Earnings call highlights

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.