Sentiment for Clean Harbors Inc (NYSE:CLH)
Clean Harbors Inc (NYSE:CLH) institutional sentiment decreased to 0.77 in Q3 2019. Its down -0.02, from 0.79 in 2019Q2. The ratio dived, as 88 investment managers increased or opened new holdings, while 115 reduced and sold stock positions in Clean Harbors Inc. The investment managers in our partner’s database now possess: 48.85 million shares, down from 49.15 million shares in 2019Q2. Also, the number of investment managers holding Clean Harbors Inc in their top 10 holdings increased from 6 to 7 for an increase of 1. Sold All: 16 Reduced: 99 Increased: 52 New Position: 36.
Clean Harbors, Inc. provides environmental, energy, and industrial services in North America and internationally. The company has market cap of $4.70 billion. The companyÂ’s Technical Services segment provides a range of hazardous material management services, including the packaging, collection, transportation, treatment, and disposal of hazardous and non-hazardous waste at its incineration, landfill, wastewater, and other treatment facilities. It has a 52.3 P/E ratio. The Company’s Industrial and Field Services segment offers industrial and specialty services, such as high-pressure and chemical cleaning, daylighting, production servicing, decoking, pigging, and material processing services to refineries, chemical plants, oil sands facilities, pulp and paper mills, and other industrial facilities.
It closed at $83.68 lastly. It is down 41.39% since December 14, 2018 and is uptrending. It has outperformed by 41.39% the S&P500.
Analysts await Clean Harbors, Inc. (NYSE:CLH) to report earnings on February, 26. They expect $0.44 earnings per share, up 83.33 % or $0.20 from last year’s $0.24 per share. CLH’s profit will be $24.71 million for 47.55 P/E if the $0.44 EPS becomes a reality. After $0.72 actual earnings per share reported by Clean Harbors, Inc. for the previous quarter, Wall Street now forecasts -38.89 % negative EPS growth.
Southernsun Asset Management Llc holds 5.46% of its portfolio in Clean Harbors, Inc. for 851,330 shares. 12Th Street Asset Management Company Llc owns 190,962 shares or 3.9% of their US portfolio. Moreover, Snyder Capital Management L P has 3.58% invested in the company for 1.06 million shares. The Oregon-based Tygh Capital Management Inc. has invested 2.94% in the stock. Arrowmark Colorado Holdings Llc, a Colorado-based fund reported 3.70 million shares.
Clean Harbors, Inc. (NYSE:CLH) Ratings Coverage
Ratings analysis reveals 80% of Clean Harbors’s analysts are positive. Out of 5 Wall Street analysts rating Clean Harbors, 4 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. The lowest target is $7500 while the high is $10600. The stock’s average target of $89.80 is 7.31% above today’s ($83.68) share price. CLH was included in 12 notes of analysts from August 1, 2019. The company was maintained on Thursday, October 31 by Robert W. Baird. The company was maintained on Friday, August 23 by Needham. On Thursday, August 1 the stock rating was maintained by Robert W. Baird with “Outperform”. The company was maintained on Friday, December 6 by Robert W. Baird. The rating was maintained by Stifel Nicolaus on Thursday, October 31 with “Buy”. BMO Capital Markets maintained it with “Buy” rating and $92 target in Thursday, October 31 report.
More notable recent Clean Harbors, Inc. (NYSE:CLH) news were published by: Seekingalpha.com which released: “Clean Harbors, Inc. (CLH) CEO Alan McKim on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” on October 30, 2019, also Finance.Yahoo.com with their article: “Why Clean Harbors, Inc.â€™s (NYSE:CLH) Return On Capital Employed Might Be A Concern – Yahoo Finance” published on November 28, 2019, Finance.Yahoo.com published: “Have Insiders Been Selling Clean Harbors, Inc. (NYSE:CLH) Shares? – Yahoo Finance” on July 18, 2019. More interesting news about Clean Harbors, Inc. (NYSE:CLH) were released by: Seekingalpha.com and their article: “Clean Harbors, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on May 01, 2019 as well as Fool.com‘s news article titled: “Clean Harbors (CLH) Q1 2019 Earnings Call Transcript – Motley Fool” with publication date: May 01, 2019.
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