BidaskClub upgraded shares of Heritage-Crystal Clean (NASDAQ:HCCI) from a hold rating to a buy rating in a research report sent to investors on Wednesday, December 20th.
HCCI has been the subject of several other reports. Zacks Investment Research cut Heritage-Crystal Clean from a buy rating to a hold rating in a research note on Wednesday, September 27th. Stifel Nicolaus reiterated a buy rating and set a $23.00 price target on shares of Heritage-Crystal Clean in a research report on Thursday, October 19th. Robert W. Baird lifted their price target on Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a neutral rating in a research report on Friday, October 20th. Finally, Roth Capital set a $24.00 price target on Heritage-Crystal Clean and gave the company a buy rating in a research report on Friday, October 20th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Heritage-Crystal Clean presently has a consensus rating of Buy and a consensus target price of $23.17.
Heritage-Crystal Clean (NASDAQ HCCI) traded up $0.95 during mid-day trading on Wednesday, reaching $24.05. The company’s stock had a trading volume of 200,579 shares, compared to its average volume of 89,496. Heritage-Crystal Clean has a twelve month low of $12.85 and a twelve month high of $24.45. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.02 and a current ratio of 2.51. The stock has a market capitalization of $550.26, a price-to-earnings ratio of 27.64, a price-to-earnings-growth ratio of 1.70 and a beta of 1.96.
Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings data on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.76%. The company had revenue of $83.33 million for the quarter, compared to the consensus estimate of $85.32 million. equities research analysts forecast that Heritage-Crystal Clean will post 0.63 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CMH Wealth Management LLC acquired a new position in Heritage-Crystal Clean during the fourth quarter worth $228,000. Algert Global LLC purchased a new stake in Heritage-Crystal Clean in the third quarter valued at $4,375,000. Cornerstone Capital Management Holdings LLC. raised its position in Heritage-Crystal Clean by 73.1% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 83,578 shares of the industrial products company’s stock valued at $1,817,000 after purchasing an additional 35,300 shares during the period. OxFORD Asset Management LLP purchased a new stake in Heritage-Crystal Clean in the third quarter valued at $640,000. Finally, Dimensional Fund Advisors LP raised its position in Heritage-Crystal Clean by 30.8% in the third quarter. Dimensional Fund Advisors LP now owns 514,342 shares of the industrial products company’s stock valued at $11,187,000 after purchasing an additional 121,150 shares during the period. 58.56% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: “Heritage-Crystal Clean (NASDAQ:HCCI) Upgraded to “Buy” at BidaskClub” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/01/13/heritage-crystal-clean-hcci-stock-rating-upgraded-by-bidaskclub.html.
Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.
Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.