Clean Harbors, Inc (NYSE: CLH) has a higher price-to-earnings ratio of 33.54x compared to its average ratio. CLH has 36-month beta value of 1.22. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for CLH is 50.74M, and currently, short sellers hold a 1.26% ratio of that float. The average trading volume of CLH on November 28, 2024 was 270.63K shares.
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CLH) stock’s latest price update
Clean Harbors, Inc (NYSE: CLH)’s stock price has dropped by -0.87 in relation to previous closing price of 259.95. Nevertheless, the company has seen a gain of 4.13% in its stock price over the last five trading days. zacks.com reported 2024-11-27 that AKBA, ABG and CLH have been added to the Zacks Rank #5 (Strong Sell) List on November 27, 2024.
CLH’s Market Performance
Clean Harbors, Inc (CLH) has experienced a 4.13% rise in stock performance for the past week, with a -2.17% drop in the past month, and a 6.45% rise in the past quarter. The volatility ratio for the week is 2.11%, and the volatility levels for the past 30 days are at 2.78% for CLH. The simple moving average for the last 20 days is 2.66% for CLH’s stock, with a simple moving average of 15.32% for the last 200 days.
Analysts’ Opinion of CLH
Many brokerage firms have already submitted their reports for CLH stocks, with Stifel repeating the rating for CLH by listing it as a “Buy.” The predicted price for CLH in the upcoming period, according to Stifel is $206 based on the research report published on December 19, 2023 of the previous year 2023.
Wells Fargo, on the other hand, stated in their research note that they expect to see CLH reach a price target of $190. The rating they have provided for CLH stocks is “Overweight” according to the report published on December 08th, 2023.
Wolfe Research gave a rating of “Outperform” to CLH, setting the target price at $184 in the report published on October 17th of the previous year.
CLH Trading at 2.72% from the 50-Day Moving Average
After a stumble in the market that brought CLH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.53% of loss for the given period.
Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares surge +9.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.44% upper at present.
During the last 5 trading sessions, CLH rose by +4.13%, which changed the moving average for the period of 200-days by +43.56% in comparison to the 20-day moving average, which settled at $251.01. In addition, Clean Harbors, Inc saw 47.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CLH starting from BRIAN P WEBER, who proposed sale 861 shares at the price of $261.31 back on Nov 27 ’24. After this action, BRIAN P WEBER now owns shares of Clean Harbors, Inc, valued at $224,989 using the latest closing price.
Weber Brian P, the EVP (CHESI) of Clean Harbors, Inc, sale 861 shares at $261.31 during a trade that took place back on Nov 27 ’24, which means that Weber Brian P is holding 59,346 shares at $224,988 based on the most recent closing price.
Stock Fundamentals for CLH
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.28 for the gross margin
The net margin for Clean Harbors, Inc stands at 0.07. The total capital return value is set at 0.11. Equity return is now at value 17.68, with 6.15 for asset returns.
Based on Clean Harbors, Inc (CLH), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 1.1. The interest coverage ratio of the stock is 4.65.
Currently, EBITDA for the company is 978.2 million with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.83. The receivables turnover for the company is 4.44for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
Conclusion
To put it simply, Clean Harbors, Inc (CLH) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
