Analyst Ratings for Clean Harbors Inc. (CLH)Updated: 2017-07-27
An average rating of Hold has been given to Clean Harbors Inc. (NYSE:CLH) by analysts covering the stock. A consensus rating of Hold was previously issued for CLH last month.
Of the 13 analysts covering the stock, 5 gave it a buy rating, 0 issued an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for CLH by the analysts covering the stock. The highest price target was 67, which equates to a potential upside of 17.35 percent. The minimum price target given was 50, implying potential capital losses of -12.43 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2 percent. That number becomes -5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.74 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
CLH has traded between a high of 61.62 and a low of 43.03 over the past year. The current market price is above the trailing year's low by 32.69 percent, and 7.34 percent below the high. CLH has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CLH value stock report compares CLH to some of its peers using value stock charts. The stock has a market capitalization of $3.3 billion. CLH's next earnings release will be on 0000-00-00, which is days away.