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.
Investment analysts gave a few price targets for CLH. The maximum price target given was 67, which equates to a potential upside of 17.35 percent. The most pessimistic price target was 50, implying potential capital losses of -12.43 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.74 percent. 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. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the trailing 52-weeks, CLH hit 61.62 at the highest peak, while it's lowest trading point was 43.03. Currently the stock is 32.69 percent higher than its low, and 7.34 percent lower than its 52-week high. CLH has a P/E 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 market cap of CLH is $3.3 billion. CLH's next earnings release will be on 0000-00-00, which is days away.