BidaskClub upgraded shares of Heritage-Crystal Clean (NASDAQ:HCCI) from a hold rating to a buy rating in a research report report published on Tuesday.
Other equities analysts have also issued research reports about the stock. Roth Capital set a $24.00 price target on shares of Heritage-Crystal Clean and gave the stock a buy rating in a research report on Friday, October 20th. Stifel Nicolaus restated a buy rating and set a $23.00 price target on shares of Heritage-Crystal Clean in a research report on Thursday, October 19th. Zacks Investment Research upgraded shares of Heritage-Crystal Clean from a hold rating to a buy rating and set a $25.00 price target for the company in a research report on Friday, January 5th. Finally, Robert W. Baird upped their price target on shares of Heritage-Crystal Clean from $20.00 to $22.00 and gave the stock a neutral rating in a research report on Friday, October 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $23.17.
Heritage-Crystal Clean (NASDAQ:HCCI) traded up $0.10 during trading on Tuesday, hitting $24.15. 180,900 shares of the stock traded hands, compared to its average volume of 116,960. The company has a market capitalization of $550.26, a price-to-earnings ratio of 28.08, a P/E/G ratio of 1.77 and a beta of 1.96. The company has a quick ratio of 2.02, a current ratio of 2.51 and a debt-to-equity ratio of 0.13. Heritage-Crystal Clean has a fifty-two week low of $12.85 and a fifty-two week high of $25.20.
Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $83.33 million for the quarter, compared to the consensus estimate of $85.32 million. Heritage-Crystal Clean had a return on equity of 6.76% and a net margin of 5.56%. research analysts expect that Heritage-Crystal Clean will post 0.63 earnings per share for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Strs Ohio bought a new position in Heritage-Crystal Clean in the 3rd quarter valued at about $132,000. Nationwide Fund Advisors grew its position in Heritage-Crystal Clean by 10.0% in the 2nd quarter. Nationwide Fund Advisors now owns 8,497 shares of the industrial products company’s stock valued at $135,000 after buying an additional 770 shares in the last quarter. First Trust Advisors LP bought a new position in Heritage-Crystal Clean in the 3rd quarter valued at about $225,000. CMH Wealth Management LLC bought a new position in Heritage-Crystal Clean in the 4th quarter valued at about $228,000. Finally, The Manufacturers Life Insurance Company grew its position in Heritage-Crystal Clean by 18.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,315 shares of the industrial products company’s stock valued at $227,000 after buying an additional 2,214 shares in the last quarter. Hedge funds and other institutional investors own 58.56% of the company’s stock.
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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.
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