News coverage about Clean Harbors (NYSE:CLH) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Clean Harbors earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 46.0886254075306 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Putting Clean Harbors Inc (CLH) Under the Microscope: Technicals Watch – Sheridan Daily (sheridandaily.com)
- Clean Harbors, Inc. (NYSE:CLH) Stock Traded -5.3% Below Its 50 Day Average – Modern Readers (modernreaders.com)
- Clean Harbors, Inc. (CLH) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- $770.16 Million in Sales Expected for Clean Harbors, Inc. (CLH) This Quarter (americanbankingnews.com)
- See what the IHS Markit Score report has to say about Clean Harbors Inc. (finance.yahoo.com)
Shares of Clean Harbors (NYSE CLH) traded down 0.80% on Friday, reaching $51.98. The company had a trading volume of 128,783 shares. The stock’s market cap is $2.97 billion. The stock has a 50-day moving average price of $55.27 and a 200-day moving average price of $56.39. Clean Harbors has a 12 month low of $43.03 and a 12 month high of $61.62.
Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by $0.03. The company had revenue of $752.80 million for the quarter, compared to the consensus estimate of $735.63 million. Clean Harbors had a positive return on equity of 0.79% and a negative net margin of 0.65%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 earnings per share. Analysts predict that Clean Harbors will post $0.67 earnings per share for the current fiscal year.
Several brokerages have issued reports on CLH. Barclays PLC upgraded Clean Harbors from an “underweight” rating to an “equal weight” rating and set a $50.00 price target for the company in a report on Monday, August 7th. KeyCorp increased their price objective on Clean Harbors from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, May 23rd. Canaccord Genuity reiterated a “hold” rating and set a $57.00 price objective on shares of Clean Harbors in a report on Wednesday. BMO Capital Markets started coverage on Clean Harbors in a report on Thursday, June 29th. They set an “outperform” rating and a $65.00 price objective for the company. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $67.00 price objective on shares of Clean Harbors in a report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $61.27.
COPYRIGHT VIOLATION WARNING: This article was originally reported by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this article can be read at https://www.thestockobserver.com/2017/08/12/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-clean-harbors-nyseclh-share-price.html.
In other news, EVP Brian P. Weber sold 1,945 shares of the company’s stock in a transaction that occurred on Thursday, June 29th. The stock was sold at an average price of $54.06, for a total value of $105,146.70. Following the completion of the transaction, the executive vice president now directly owns 51,656 shares of the company’s stock, valued at $2,792,523.36. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael J. Twohig sold 4,071 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $59.25, for a total value of $241,206.75. Following the completion of the transaction, the executive vice president now directly owns 30,854 shares of the company’s stock, valued at $1,828,099.50. The disclosure for this sale can be found here. Insiders have sold a total of 10,418 shares of company stock valued at $605,895 over the last three months. Corporate insiders own 9.50% of the company’s stock.
About Clean Harbors
Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.
Receive News & Ratings for Clean Harbors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Harbors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.