Clean Harbors CLH underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 3 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 1 | 0 | 0 | 0 |
| 2M Ago | 2 | 2 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $213.44, a high estimate of $235.00, and a low estimate of $200.00. Observing a 10.02% increase, the current average has risen from the previous average price target of $194.00.
Decoding Analyst Ratings: A Detailed Look
A comprehensive examination of how financial experts perceive Clean Harbors is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| James Ricchiuti | Needham | Maintains | Buy | $235.00 | - |
| James Ricchiuti | Needham | Raises | Buy | $235.00 | $200.00 |
| Devin Dodge | BMO Capital | Raises | Outperform | $225.00 | $200.00 |
| Michael Hoffman | Stifel | Raises | Buy | $210.00 | $206.00 |
| Michael Hoffman | Stifel | Maintains | Buy | $206.00 | - |
| Tobey Sommer | Truist Securities | Raises | Buy | $210.00 | $200.00 |
| Noah Kaye | Oppenheimer | Raises | Outperform | $200.00 | $178.00 |
| Devin Dodge | BMO Capital | Raises | Outperform | $200.00 | $192.00 |
| James Ricchiuti | Needham | Raises | Buy | $200.00 | $182.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Clean Harbors. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Clean Harbors compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Clean Harbors's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Clean Harbors's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Clean Harbors analyst ratings.
About Clean Harbors
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
Clean Harbors's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Clean Harbors's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 4.7%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Clean Harbors's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.35% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Clean Harbors's ROE excels beyond industry benchmarks, reaching 4.44%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Clean Harbors's ROA excels beyond industry benchmarks, reaching 1.56%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.11.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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