Zacks Research Predicts Increased Earnings for Clean Harbors

Clean Harbors, Inc. (NYSE:CLH) – Equities research analysts at Zacks Research upped their Q2 2026 earnings per share estimates for Clean Harbors in a report released on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $2.63 for the quarter, up from their prior estimate of $2.49. The consensus estimate for Clean Harbors’ current full-year earnings is $8.38 per share. Zacks Research also issued estimates for Clean Harbors’ Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $8.28 EPS, Q1 2027 earnings at $1.40 EPS, Q2 2027 earnings at $2.75 EPS, Q3 2027 earnings at $2.69 EPS, Q4 2027 earnings at $2.02 EPS, FY2027 earnings at $8.85 EPS and Q1 2028 earnings at $1.05 EPS.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The company had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter last year, the business earned $1.09 earnings per share. Clean Harbors’s revenue was up 1.9% on a year-over-year basis.

Several other analysts have also weighed in on CLH. Wells Fargo & Company raised their price objective on Clean Harbors from $309.00 to $313.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $320.00 price objective on shares of Clean Harbors in a research note on Monday, February 23rd. Truist Financial raised their price objective on Clean Harbors from $310.00 to $325.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Robert W. Baird raised their price objective on Clean Harbors from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Oppenheimer raised their price objective on Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $322.08.

Clean Harbors Stock Down 1.2%

Shares of NYSE CLH opened at $283.23 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors has a 52 week low of $201.34 and a 52 week high of $316.98. The stock has a market capitalization of $14.97 billion, a P/E ratio of 38.38 and a beta of 0.92. The stock’s fifty day moving average is $295.68 and its 200 day moving average is $267.38.

Insiders Place Their Bets

In other news, Director Marcy L. Reed sold 836 shares of Clean Harbors stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $287.94, for a total transaction of $240,717.84. Following the sale, the director directly owned 5,081 shares of the company’s stock, valued at approximately $1,463,023.14. This trade represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Eric W. Gerstenberg sold 1,000 shares of Clean Harbors stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $293.00, for a total value of $293,000.00. Following the sale, the chief executive officer directly owned 38,877 shares in the company, valued at $11,390,961. The trade was a 2.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 7,308 shares of company stock valued at $2,133,467. 5.00% of the stock is owned by corporate insiders.

Institutional Trading of Clean Harbors

Hedge funds have recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in shares of Clean Harbors during the fourth quarter valued at about $26,000. Quattro Advisors LLC acquired a new stake in shares of Clean Harbors during the fourth quarter valued at about $26,000. MidFirst Bank acquired a new stake in shares of Clean Harbors during the fourth quarter valued at about $28,000. Parkside Financial Bank & Trust boosted its stake in shares of Clean Harbors by 205.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 80 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Clean Harbors during the third quarter valued at about $30,000. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.