Clean Harbors Inc (NYSE:CLH) CFO Michael Louis Battles sold 2,000 shares of Clean Harbors stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $65.20, for a total value of $130,400.00. Following the completion of the transaction, the chief financial officer now directly owns 53,113 shares in the company, valued at approximately $3,462,967.60. The sale was disclosed in a document filed with the SEC, which is available at this link.
Michael Louis Battles also recently made the following trade(s):
- On Tuesday, September 4th, Michael Louis Battles sold 6,000 shares of Clean Harbors stock. The stock was sold at an average price of $69.46, for a total value of $416,760.00.
NYSE:CLH opened at $66.13 on Friday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.70 and a current ratio of 2.04. Clean Harbors Inc has a fifty-two week low of $44.74 and a fifty-two week high of $72.50. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 64.33 and a beta of 1.01.
Clean Harbors (NYSE:CLH) last released its earnings results on Wednesday, October 31st. The business services provider reported $0.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.16. Clean Harbors had a return on equity of 4.93% and a net margin of 4.18%. The company had revenue of $843.18 million for the quarter, compared to analysts’ expectations of $846.07 million. During the same quarter in the previous year, the business posted $0.21 EPS. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. As a group, equities analysts forecast that Clean Harbors Inc will post 1.17 earnings per share for the current fiscal year.
A number of equities analysts recently weighed in on CLH shares. BMO Capital Markets dropped their price target on Clean Harbors from $78.00 to $76.00 and set an “outperform” rating on the stock in a research note on Thursday, November 1st. Stifel Nicolaus lifted their price target on Clean Harbors from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. ValuEngine raised Clean Harbors from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Oppenheimer reaffirmed a “hold” rating on shares of Clean Harbors in a research note on Wednesday, October 31st. Finally, Needham & Company LLC lifted their target price on Clean Harbors from $63.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $66.75.
A number of large investors have recently added to or reduced their stakes in CLH. Legal & General Group Plc grew its stake in Clean Harbors by 7.7% during the 1st quarter. Legal & General Group Plc now owns 82,873 shares of the business services provider’s stock valued at $4,045,000 after acquiring an additional 5,920 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Clean Harbors by 1.9% during the 1st quarter. Principal Financial Group Inc. now owns 217,677 shares of the business services provider’s stock valued at $10,625,000 after buying an additional 4,092 shares during the last quarter. Brown Advisory Inc. acquired a new stake in shares of Clean Harbors during the 1st quarter valued at about $225,000. Daiwa SB Investments Ltd. lifted its holdings in shares of Clean Harbors by 72.7% during the 2nd quarter. Daiwa SB Investments Ltd. now owns 113,580 shares of the business services provider’s stock valued at $6,309,000 after buying an additional 47,798 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Clean Harbors during the 2nd quarter valued at about $322,000. 93.84% of the stock is currently owned by institutional investors.
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About Clean Harbors
Clean Harbors, Inc provides environmental, energy, and industrial services in North America. It operates through Technical Services; Industrial and Field Services; Safety-Kleen; and Oil, Gas and Lodging Services segments. The company'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 incinerator, landfill, wastewater, and other treatment facilities.
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