Clean Harbors Inc (NYSE:CLH) CAO Sells $97,455.12 in Stock

Clean Harbors Inc (NYSE:CLH) CAO Eric J. Dugas sold 1,176 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $82.87, for a total transaction of $97,455.12. Following the sale, the chief accounting officer now owns 20,533 shares of the company’s stock, valued at $1,701,569.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Clean Harbors stock opened at $83.05 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.60 and a debt-to-equity ratio of 1.36. The firm has a 50-day moving average of $77.50 and a 200-day moving average of $72.89. The firm has a market cap of $4.70 billion, a P/E ratio of 65.91 and a beta of 1.61. Clean Harbors Inc has a 1-year low of $46.21 and a 1-year high of $85.63.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.72 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.01. Clean Harbors had a net margin of 2.65% and a return on equity of 8.01%. The business had revenue of $891.70 million during the quarter, compared to analyst estimates of $875.51 million. During the same period last year, the business posted $0.59 earnings per share. Clean Harbors’s quarterly revenue was up 5.8% compared to the same quarter last year. Research analysts forecast that Clean Harbors Inc will post 1.89 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Aperio Group LLC lifted its holdings in Clean Harbors by 56.2% in the second quarter. Aperio Group LLC now owns 17,731 shares of the business services provider’s stock worth $1,261,000 after buying an additional 6,376 shares during the period. Pacer Advisors Inc. purchased a new stake in Clean Harbors in the second quarter worth about $1,438,000. Arizona State Retirement System lifted its holdings in Clean Harbors by 1.1% in the second quarter. Arizona State Retirement System now owns 36,900 shares of the business services provider’s stock worth $2,624,000 after buying an additional 402 shares during the period. BlackRock Inc. lifted its holdings in Clean Harbors by 0.9% in the second quarter. BlackRock Inc. now owns 4,587,760 shares of the business services provider’s stock worth $326,188,000 after buying an additional 41,323 shares during the period. Finally, Sigma Planning Corp lifted its holdings in Clean Harbors by 30.5% in the second quarter. Sigma Planning Corp now owns 4,145 shares of the business services provider’s stock worth $295,000 after buying an additional 968 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

A number of research firms have recently weighed in on CLH. TheStreet upgraded shares of Clean Harbors from a “c+” rating to a “b” rating in a report on Wednesday, July 31st. ValuEngine lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a report on Friday, October 11th. Robert W. Baird increased their target price on shares of Clean Harbors from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Oppenheimer upgraded shares of Clean Harbors from a “market perform” rating to an “outperform” rating and set a $88.00 target price for the company in a report on Thursday, August 1st. Finally, CIBC upgraded shares of Clean Harbors from a “market perform” rating to an “outperform” rating and set a $88.00 target price for the company in a report on Thursday, August 1st. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Clean Harbors currently has an average rating of “Buy” and a consensus price target of $83.71.

Clean Harbors Company Profile

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste that include resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack, a service to collect, identify, categorize, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous wastes.

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Insider Buying and Selling by Quarter for Clean Harbors (NYSE:CLH)

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