Throughout the last three months, 15 analysts have evaluated Clean Harbors (NYSE:CLH), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 6 | 0 | 0 | 0 |
| Last 30D | 1 | 2 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 0 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $220.07, along with a high estimate of $240.00 and a low estimate of $200.00. Observing a 8.23% increase, the current average has risen from the previous average price target of $203.33.
Investigating Analyst Ratings: An Elaborate Study
The perception of Clean Harbors by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Devin Dodge | BMO Capital | Raises | Outperform | $230.00 | $225.00 |
| James Ricchiuti | Needham | Maintains | Buy | $235.00 | - |
| David Manthey | Baird | Raises | Outperform | $240.00 | $235.00 |
| Michael Hoffman | Stifel | Maintains | Buy | $220.00 | $220.00 |
| David Manthey | Baird | Raises | Outperform | $235.00 | $192.00 |
| Michael Hoffman | Stifel | Raises | Buy | $220.00 | $210.00 |
| James Ricchiuti | Needham | Maintains | Buy | $235.00 | - |
| James Ricchiuti | Needham | Raises | Buy | $235.00 | $200.00 |
| Devin Dodge | BMO Capital | Raises | Outperform | $225.00 | $200.00 |
| Michael Hoffman | Stifel | Raises | Buy | $210.00 | $206.00 |
| Michael Hoffman | Stifel | Maintains | Buy | $206.00 | - |
| Tobey Sommer | Truist Securities | Raises | Buy | $210.00 | $200.00 |
| Noah Kaye | Oppenheimer | Raises | Outperform | $200.00 | $178.00 |
| Devin Dodge | BMO Capital | Raises | Outperform | $200.00 | $192.00 |
| James Ricchiuti | Needham | Raises | Buy | $200.00 | $182.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Clean Harbors. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Clean Harbors compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Clean Harbors's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Clean Harbors's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Clean Harbors analyst ratings.
Unveiling the Story Behind Clean Harbors
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
A Deep Dive into Clean Harbors's Financials
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Clean Harbors showcased positive performance, achieving a revenue growth rate of 4.7% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 7.35%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.44%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Clean Harbors's ROA excels beyond industry benchmarks, reaching 1.56%. This signifies efficient management of assets and strong financial health.
Debt Management: Clean Harbors's debt-to-equity ratio is below the industry average. With a ratio of 1.11, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.