Zacks Research Expects Reduced Earnings for Clean Harbors

Clean Harbors, Inc. (NYSE:CLH) – Zacks Research reduced their Q1 2025 earnings per share estimates for Clean Harbors in a note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Goswami now anticipates that the business services provider will post earnings per share of $1.04 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 posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.19. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. Clean Harbors’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm earned $1.82 earnings per share.

Several other analysts have also recently issued reports on CLH. BMO Capital Markets cut their target price on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC restated a “buy” rating and issued a $268.00 price objective on shares of Clean Harbors in a report on Thursday, February 20th. StockNews.com upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a report on Wednesday, March 5th. TD Cowen initiated coverage on shares of Clean Harbors in a report on Friday, December 6th. They issued a “buy” rating and a $325.00 price objective for the company. Finally, Oppenheimer lowered their price objective on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $270.56.

Clean Harbors Stock Up 0.4 %

NYSE CLH opened at $193.71 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. The stock has a market capitalization of $10.43 billion, a PE ratio of 26.11 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 business’s 50-day moving average is $223.19 and its 200 day moving average is $237.94.

Insider Activity

In other news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the transaction, the director now directly owns 12,226 shares in the company, valued at approximately $2,922,503.04. This trade represents a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Eric J. Dugas acquired 1,050 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average price of $191.38 per share, with a total value of $200,949.00. Following the completion of the acquisition, the chief financial officer now owns 24,238 shares in the company, valued at $4,638,668.44. The trade was a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 3,341 shares of company stock worth $663,041. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Clean Harbors

Hedge funds have recently added to or reduced their stakes in the company. Kapitalo Investimentos Ltda purchased a new position in Clean Harbors in the 4th quarter worth approximately $32,000. Skandinaviska Enskilda Banken AB publ grew its position in Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider’s stock worth $38,000 after purchasing an additional 159 shares during the period. Allworth Financial LP grew its position in Clean Harbors by 130.4% in the 4th quarter. Allworth Financial LP now owns 182 shares of the business services provider’s stock worth $44,000 after purchasing an additional 103 shares during the period. Assetmark Inc. grew its position in Clean Harbors by 10,250.0% in the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider’s stock worth $48,000 after purchasing an additional 205 shares during the period. Finally, Prospera Private Wealth LLC bought a new stake in Clean Harbors in the 3rd quarter worth approximately $56,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

About Clean Harbors

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.