Charah Solutions Inc (NYSE:CHRA) has been assigned a consensus broker rating score of 2.17 (Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.
Brokers have set a 1 year consensus price target of $6.50 for the company and are expecting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Charah Solutions an industry rank of 185 out of 256 based on the ratings given to related companies.
CHRA has been the topic of several research analyst reports. Morgan Stanley set a $7.00 price objective on Charah Solutions and gave the company a “buy” rating in a research report on Thursday, May 16th. Zacks Investment Research raised Charah Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, April 2nd. Finally, Bank of America downgraded Charah Solutions from a “buy” rating to an “underperform” rating and set a $7.00 price objective on the stock. in a research report on Friday, February 22nd.
Charah Solutions stock traded down $0.05 during mid-day trading on Tuesday, hitting $4.71. The company’s stock had a trading volume of 1,926 shares, compared to its average volume of 161,976. The company has a market capitalization of $141.59 million and a PE ratio of 5.12. The company has a quick ratio of 1.47, a current ratio of 1.68 and a debt-to-equity ratio of 2.62. Charah Solutions has a one year low of $3.95 and a one year high of $12.00.
Charah Solutions (NYSE:CHRA) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.05). The business had revenue of $163.26 million during the quarter, compared to the consensus estimate of $152.30 million. Charah Solutions had a negative net margin of 1.67% and a positive return on equity of 15.25%. As a group, research analysts anticipate that Charah Solutions will post 0.31 earnings per share for the current year.
Hedge funds have recently modified their holdings of the business. North Run Capital LP acquired a new position in Charah Solutions in the 1st quarter valued at about $2,197,000. SEI Investments Co grew its stake in shares of Charah Solutions by 57.9% during the first quarter. SEI Investments Co now owns 94,904 shares of the company’s stock valued at $607,000 after acquiring an additional 34,808 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Charah Solutions by 37.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 19,137 shares of the company’s stock valued at $123,000 after acquiring an additional 5,187 shares in the last quarter. Northern Trust Corp grew its stake in shares of Charah Solutions by 1.7% during the first quarter. Northern Trust Corp now owns 92,694 shares of the company’s stock valued at $593,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Charah Solutions by 180.4% during the first quarter. Wells Fargo & Company MN now owns 4,030 shares of the company’s stock valued at $26,000 after acquiring an additional 2,593 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.
About Charah Solutions
Charah Solutions, Inc provides environmental and maintenance services to the power generation industry in the United States. The company operates through two segments, Environmental Solutions; and Maintenance and Technical Services. The Environmental Solutions segment offers remediation and compliance services, including development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management services, such as clean closure, cap-in-place, and design and construction of new ponds.
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