Clean Harbors Inc (CLH) was Initiated by Goldman to “Neutral” and the brokerage firm has set the Price Target at $60. Goldman advised their Clients and Investors in a research report released on Mar 3, 2017.
Based on several research reports , Goldman Initiated Clean Harbors Inc on Mar 3, 2017 to “Neutral”, Price Target of the shares are set at $60.Goldman Initiated Clean Harbors Inc on Mar 3, 2017 to “Neutral”, Price Target of the shares are set at $60.Company shares were Reiterated by Needham on Feb 23, 2017 to “Buy”, Firm has raised the Price Target to $ 61 from a previous price target of $55 .Company shares were Reiterated by Stifel on Feb 23, 2017 to “Buy”, Firm has raised the Price Target to $ 65 from a previous price target of $60 .Clean Harbors Inc was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Jan 31, 2017.
On the company’s financial health, Clean Harbors Inc reported $-0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Feb 22, 2017. Analyst had a consensus of $0.07. The company had revenue of $692.10 million for the quarter, compared to analysts expectations of $696.34 million. The company’s revenue was down -2.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
Several company insiders have filed Insider transactions , on Dec 28, 2016, Rod Marlin (director) sold 3,394 shares at $56.21 per share price. According to the SEC, on Dec 28, 2016, Brian P Weber (EVP (CHESI) sold 712 shares at $56.30 per share price. On Dec 22, 2016, Alan S Mckim (Chrmn.of Bd and CEO) sold 20,000 shares at $57.82 per share price, according to the Form-4 filing with the securities and exchange commission.
Clean Harbors Inc opened for trading at $57.37 and hit $58.19 on the upside on Monday, eventually ending the session at $57.65, with a gain of 0.75% or 0.43 points. The heightened volatility saw the trading volume jump to 6,66,933 shares. Company has a market cap of $3,302 M.
Clean Harbors Inc. is a provider of environmental energy and industrial services throughout North America. The Company operates in six segments: Technical Services which provides a range of hazardous material management services; Industrial and Field Services which provides industrial and specialty services such as high-pressure and chemical cleaning catalyst handling decoking; Oil Re-refining and Recycling which processes used oil into base and blended lubricating oils; SK Environmental Services which consists of Safety-Kleen’s branches and provides a range of environmental services; Lodging Services which provides lodges and remote workforce accommodation facilities and Oil and Gas Field Services which provides fluid handling fluid hauling production servicing surface rentals seismic services. The Company has a network of over 400 service locations across 48 states eight Canadian provinces Puerto Rico Mexico and Trinidad.