At the time of writing, Clean Harbors, Inc. [CLH] stock is trading at $263.39, up 2.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The CLH shares have gain 2.10% over the last week, with a monthly amount glided 8.97%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Clean Harbors, Inc. [NYSE: CLH] stock has seen the most recent analyst activity on December 19, 2023, when Stifel reiterated its Buy rating and also boosted its price target to $206 from $180. Previously, Wells Fargo started tracking the stock with Overweight rating on December 08, 2023, and set its price target to $190. On October 17, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $184 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $165 on April 18, 2023. UBS downgraded its rating to a Neutral but $135 remained the price target by the analyst firm on November 03, 2022. Goldman upgraded its rating to Neutral for this stock on April 05, 2022, and upped its price target to $120. In a note dated March 30, 2022, DA Davidson initiated an Buy rating and provided a target price of $130 on this stock.
For the past year, the stock price of Clean Harbors, Inc. fluctuated between $132.92 and $261.81. Currently, Wall Street analysts expect the stock to reach $199.38 within the next 12 months. Clean Harbors, Inc. [NYSE: CLH] shares were valued at $263.39 at the most recent close of the market. An investor can expect a potential drop of -24.3% based on the average CLH price forecast.
Analyzing the CLH fundamentals
According to Clean Harbors, Inc. [NYSE:CLH], the company’s sales were 5.63B for trailing twelve months, which represents an 11.08% jump. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.17 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 258.79 points at the first support level, and at 254.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 267.55, and for the 2nd resistance point, it is at 271.71.
Ratios To Look Out For
It is important to note that Clean Harbors, Inc. [NYSE:CLH] has a current ratio of 2.10. On the other hand, the Quick Ratio is 1.76, and the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 5.82 and price to earnings (TTM) ratio is 36.40.
Transactions by insiders
Recent insider trading involved States Lauren, Director, that happened on Oct 15 ’24 when 308.0 shares were sold. Director, States Lauren completed a deal on Sep 16 ’24 to sell 309.0 shares. Meanwhile, CO-CEO Battles Michael Louis sold 10000.0 shares on Sep 16 ’24.
