Clean Harbors (NYSE: CLH) announced its earnings results on Wednesday. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.70. The company had revenue of $559.00 million for the quarter, compared to the consensus estimate of $536.78 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis.
Several analysts have also recently commented on the stock. Analysts at BB&T initiated coverage on shares of Clean Harbors in a research note to investors on Tuesday, January 29th. They set a “buy” rating and a $70.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Clean Harbors from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 9th. They now have a $57.20 price target on the stock.
Six analysts have rated the stock with a buy rating, and four have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of “overweight” and a consensus price target of $70.00.
Clean Harbors (CLH) opened at 50.30 on Wednesday. Clean Harbors (CLH) has a 52-week low of $46.94 and a 52-week high of $71.63. The stock’s 50-day moving average is currently $54.88. The company has a market cap of $2.687 billion and a price-to-earnings ratio of 25.29.
Clean Harbors, Inc. (Clean Harbors) is a provider of environmental, energy and industrial services throughout North America.
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