Zacks Research Cuts Earnings Estimates for Clean Harbors

Clean Harbors, Inc. (NYSE:CLH) – Investment analysts at Zacks Research decreased their Q1 2025 EPS estimates for Clean Harbors in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Goswami now forecasts that the business services provider will earn $1.04 per share for the quarter, down from their prior estimate of $1.36. The consensus estimate for Clean Harbors’ current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors’ Q2 2025 earnings at $2.36 EPS, Q1 2026 earnings at $1.88 EPS, Q3 2026 earnings at $2.27 EPS, Q4 2026 earnings at $2.16 EPS and FY2026 earnings at $8.72 EPS.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. Clean Harbors’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.82 earnings per share.

A number of other equities research analysts have also recently issued reports on the stock. StockNews.com upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a report on Wednesday, March 5th. Oppenheimer cut their target price on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Robert W. Baird cut their target price on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Truist Financial cut their target price on shares of Clean Harbors from $280.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Finally, Stifel Nicolaus cut their target price on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Clean Harbors has an average rating of “Buy” and an average price target of $270.56.

Clean Harbors Trading Up 0.6 %

Shares of NYSE:CLH opened at $194.99 on Monday. The stock has a market capitalization of $10.50 billion, a PE ratio of 26.28 and a beta of 1.22. Clean Harbors has a 1 year low of $186.54 and a 1 year high of $267.11. The firm has a fifty day moving average price of $222.52 and a 200 day moving average price of $237.58. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Institutional Trading of Clean Harbors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CLH. Los Angeles Capital Management LLC increased its stake in Clean Harbors by 5.6% in the third quarter. Los Angeles Capital Management LLC now owns 2,465 shares of the business services provider’s stock valued at $596,000 after acquiring an additional 130 shares during the period. GSA Capital Partners LLP bought a new stake in Clean Harbors in the third quarter valued at about $672,000. Oppenheimer & Co. Inc. increased its stake in Clean Harbors by 45.4% in the third quarter. Oppenheimer & Co. Inc. now owns 6,031 shares of the business services provider’s stock valued at $1,458,000 after acquiring an additional 1,882 shares during the period. KBC Group NV increased its stake in Clean Harbors by 17.0% in the third quarter. KBC Group NV now owns 1,412 shares of the business services provider’s stock valued at $341,000 after acquiring an additional 205 shares during the period. Finally, CIBC Asset Management Inc increased its stake in Clean Harbors by 3.5% in the third quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider’s stock valued at $378,000 after acquiring an additional 53 shares during the period. Institutional investors own 90.43% of the company’s stock.

Insider Activity

In other news, insider Robert Speights sold 2,725 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the transaction, the insider now owns 40,008 shares of the company’s stock, valued at approximately $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Eric J. Dugas acquired 1,050 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were bought at an average cost of $191.38 per share, with a total value of $200,949.00. Following the transaction, the chief financial officer now directly owns 24,238 shares of the company’s stock, valued at $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 3,341 shares of company stock valued at $663,041. Insiders own 5.90% of the company’s stock.

Clean Harbors Company Profile

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.