Q3 EPS Estimates for Clean Harbors Raised by Zacks Research

Clean Harbors, Inc. (NYSE:CLH) – Equities researchers at Zacks Research boosted their Q3 2026 earnings per share estimates for Clean Harbors in a research note issued on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the business services provider will post earnings of $3.14 per share for the quarter, up from their prior forecast of $2.57. The consensus estimate for Clean Harbors’ current full-year earnings is $9.51 per share. Zacks Research also issued estimates for Clean Harbors’ FY2026 earnings at $9.51 EPS, Q3 2027 earnings at $3.10 EPS and Q1 2028 earnings at $1.15 EPS.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.41. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.64 billion. Clean Harbors had a return on equity of 15.65% and a net margin of 7.03%.Clean Harbors’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the company posted $2.36 EPS.

Other research analysts also recently issued reports about the stock. Raymond James Financial reissued a “strong-buy” rating and issued a $375.00 target price on shares of Clean Harbors in a research report on Thursday, July 30th. Barclays upped their price target on shares of Clean Harbors from $305.00 to $325.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Wells Fargo & Company raised their price objective on shares of Clean Harbors from $313.00 to $349.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Truist Financial lifted their price objective on shares of Clean Harbors from $350.00 to $365.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, BMO Capital Markets boosted their target price on shares of Clean Harbors from $340.00 to $342.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $354.57.

Clean Harbors Price Performance

NYSE CLH opened at $322.60 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.80 and a debt-to-equity ratio of 0.94. Clean Harbors has a 1 year low of $201.34 and a 1 year high of $335.94. The company has a market cap of $17.03 billion, a PE ratio of 39.15, a PEG ratio of 2.14 and a beta of 0.86. The stock’s 50-day moving average price is $304.58 and its two-hundred day moving average price is $294.40.

Insider Activity at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 789 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total value of $225,803.91. Following the transaction, the director owned 11,359 shares in the company, valued at approximately $3,250,832.21. This represents a 6.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric W. Gerstenberg sold 2,500 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $321.34, for a total transaction of $803,350.00. Following the completion of the sale, the chief executive officer owned 56,793 shares of the company’s stock, valued at approximately $18,249,862.62. The trade was a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,078 shares of company stock valued at $1,276,908. Corporate insiders own 5.00% of the company’s stock.

Institutional Trading of Clean Harbors

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Clean Harbors in the 2nd quarter worth about $1,516,521,000. Jupiter Topco LLC purchased a new stake in shares of Clean Harbors during the 2nd quarter worth about $477,570,000. Norges Bank acquired a new stake in shares of Clean Harbors during the 4th quarter valued at about $152,195,000. Durable Capital Partners LP bought a new stake in shares of Clean Harbors in the 3rd quarter valued at approximately $133,217,000. Finally, Bank of America Corp DE bought a new stake in shares of Clean Harbors in the 2nd quarter valued at approximately $142,801,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Clean Harbors News

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $9.51 from $8.28, aligning with the current consensus estimate. The firm also increased estimates for Q3 2026 to $3.14 from $2.57, Q1 2027 to $1.47 from $1.40, Q2 2027 to $2.83 from $2.75, Q4 2026 to $1.97 from $1.90, and FY2027 to $9.48 from $8.85. These revisions point to stronger expected profitability for Clean Harbors.
• Positive Sentiment: Zacks lifted its Q3 2027 EPS forecast to $3.10 from $2.69 and its Q1 2028 forecast to $1.15 from $1.05, extending the improved earnings outlook into future periods.
• Neutral Sentiment: The revisions follow Clean Harbors’ latest quarterly results, when the company reported $3.22 in EPS versus the $2.81 consensus estimate and revenue of $1.74 billion, up 11.9% year over year. However, the Zacks updates are analyst forecasts rather than a new company announcement, limiting their immediate impact.
• Negative Sentiment: Zacks trimmed its Q2 2028 EPS estimate slightly to $2.51 from $2.52 and projects FY2027 EPS of $9.48, modestly below the current-year consensus of $9.51. The small reductions provide a limited counterpoint to the otherwise positive revisions.

About Clean Harbors

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.