BidaskClub downgraded shares of Heritage-Crystal Clean (NASDAQ:HCCI) from a buy rating to a hold rating in a research report report published on Friday morning.
HCCI has been the subject of several other reports. ValuEngine upgraded Heritage-Crystal Clean from a hold rating to a buy rating in a research note on Wednesday, October 17th. Robert W. Baird lifted their price target on Heritage-Crystal Clean from $27.00 to $34.00 and gave the stock an outperform rating in a research note on Friday, October 19th. Zacks Investment Research downgraded Heritage-Crystal Clean from a strong-buy rating to a hold rating in a research note on Thursday, October 18th. Finally, Barrington Research reiterated a buy rating and issued a $26.00 price target on shares of Heritage-Crystal Clean in a research note on Monday, October 22nd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $27.80.
Shares of Heritage-Crystal Clean stock opened at $25.62 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.79 and a quick ratio of 2.17. The stock has a market cap of $598.61 million, a PE ratio of 37.68, a price-to-earnings-growth ratio of 2.40 and a beta of 1.57. Heritage-Crystal Clean has a 1-year low of $18.00 and a 1-year high of $28.70.
Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Wednesday, October 17th. The industrial products company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $99.67 million during the quarter, compared to the consensus estimate of $96.20 million. Heritage-Crystal Clean had a return on equity of 7.76% and a net margin of 6.00%. On average, analysts predict that Heritage-Crystal Clean will post 0.72 EPS for the current fiscal year.
In related news, Director Carmine Falcone sold 1,100 shares of Heritage-Crystal Clean stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $26.00, for a total value of $28,600.00. Following the completion of the transaction, the director now directly owns 4,620 shares in the company, valued at $120,120. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ellie Bruce sold 4,000 shares of Heritage-Crystal Clean stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $26.51, for a total value of $106,040.00. Following the completion of the transaction, the vice president now owns 80,500 shares of the company’s stock, valued at $2,134,055. The disclosure for this sale can be found here. 14.80% of the stock is currently owned by company insiders.
A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its stake in Heritage-Crystal Clean by 9.5% in the third quarter. Dimensional Fund Advisors LP now owns 936,621 shares of the industrial products company’s stock worth $19,997,000 after purchasing an additional 81,472 shares in the last quarter. BlackRock Inc. grew its stake in Heritage-Crystal Clean by 2.6% in the third quarter. BlackRock Inc. now owns 787,999 shares of the industrial products company’s stock worth $16,824,000 after purchasing an additional 19,766 shares in the last quarter. Royce & Associates LP grew its stake in Heritage-Crystal Clean by 1.1% in the second quarter. Royce & Associates LP now owns 766,028 shares of the industrial products company’s stock worth $15,397,000 after purchasing an additional 8,525 shares in the last quarter. Cannell Capital LLC lifted its holdings in Heritage-Crystal Clean by 13.1% in the second quarter. Cannell Capital LLC now owns 690,199 shares of the industrial products company’s stock worth $13,873,000 after acquiring an additional 80,135 shares during the last quarter. Finally, Walthausen & Co. LLC bought a new position in Heritage-Crystal Clean in the third quarter worth about $14,348,000. Institutional investors and hedge funds own 62.10% of the company’s stock.
Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.
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