Clean Harbors Stock Buy Hold or Sell Recommendation
| CLH Stock | USD 259.00 6.50 2.57% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Clean Harbors is 'Hold'. The recommendation algorithm takes into account all of Clean Harbors' available fundamental, technical, and predictive indicators you will find on this site.
Check out Clean Harbors Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide. In addition, we conduct extensive research on individual companies such as Clean and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Clean |
Execute Clean Harbors Buy or Sell Advice
The Clean recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Clean Harbors. Macroaxis does not own or have any residual interests in Clean Harbors or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Clean Harbors' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Clean Harbors Trading Alerts and Improvement Suggestions
| Clean Harbors is unlikely to experience financial distress in the next 2 years | |
| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Acquisition by Lauren States of 836 shares of Clean Harbors subject to Rule 16b-3 |
Clean Harbors Returns Distribution Density
The distribution of Clean Harbors' historical returns is an attempt to chart the uncertainty of Clean Harbors' future price movements. The chart of the probability distribution of Clean Harbors daily returns describes the distribution of returns around its average expected value. We use Clean Harbors price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Clean Harbors returns is essential to provide solid investment advice for Clean Harbors.
| Mean Return | 0.07 | Value At Risk | -1.99 | Potential Upside | 2.02 | Standard Deviation | 2.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Clean Harbors historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Clean Stock Institutional Investors
| Shares | Pictet Asset Manangement Sa | 2024-06-30 | 983.3 K | Geode Capital Management, Llc | 2024-09-30 | 847.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 661 K | Norges Bank | 2024-06-30 | 595.4 K | Handelsbanken Fonder Ab | 2024-09-30 | 570.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 561.1 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 537.3 K | Hood River Capital Management Llc | 2024-09-30 | 524.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 454.7 K | Vanguard Group Inc | 2024-09-30 | 4.6 M | Blackrock Inc | 2024-06-30 | 4.5 M |
Clean Harbors Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 145.5M | 147.1M | (66.5M) | 40.0M | (47.9M) | (45.5M) | |
| Free Cash Flow | 193.0M | 232.3M | 300.3M | 279.2M | 309.6M | 325.1M | |
| Depreciation | 300.7M | 292.9M | 298.1M | 347.6M | 365.8M | 384.0M | |
| Other Non Cash Items | (133K) | 26.8M | 12.0M | 10.4M | 1.4M | 1.3M | |
| Capital Expenditures | 220.2M | 198.3M | 245.7M | 347.0M | 424.9M | 446.2M | |
| Net Income | 97.7M | 134.8M | 203.2M | 411.7M | 377.9M | 396.7M | |
| End Period Cash Flow | 372.0M | 519.1M | 452.6M | 492.6M | 444.7M | 466.9M | |
| Change To Inventory | (15.9M) | (7.9M) | (31.7M) | (74.5M) | (4.3M) | (4.5M) | |
| Change To Netincome | 14.6M | 20.6M | 15.8M | 38.1M | 43.8M | 46.0M | |
| Investments | 15.4M | (9.7M) | (30.8M) | 18.8M | (554.1M) | (526.3M) | |
| Change Receivables | (33.3M) | 22.4M | (96.6M) | (201.1M) | (181.0M) | (171.9M) | |
| Net Borrowings | (24.0M) | (4.3M) | 971.9M | (115.5M) | (132.8M) | (126.2M) |
Clean Harbors Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Clean Harbors or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Clean Harbors' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Clean stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.57 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | -0.03 |
Clean Harbors Volatility Alert
Clean Harbors currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Clean Harbors' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Clean Harbors' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Clean Harbors Fundamentals Vs Peers
Comparing Clean Harbors' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Clean Harbors' direct or indirect competition across all of the common fundamentals between Clean Harbors and the related equities. This way, we can detect undervalued stocks with similar characteristics as Clean Harbors or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Clean Harbors' fundamental indicators could also be used in its relative valuation, which is a method of valuing Clean Harbors by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Clean Harbors to competition |
| Fundamentals | Clean Harbors | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0628 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 16.05 B | 16.62 B |
| Shares Outstanding | 53.9 M | 571.82 M |
| Shares Owned By Insiders | 5.91 % | 10.09 % |
| Shares Owned By Institutions | 92.37 % | 39.21 % |
| Number Of Shares Shorted | 522.64 K | 4.71 M |
| Price To Earning | 47.71 X | 28.72 X |
| Price To Book | 5.38 X | 9.51 X |
| Price To Sales | 2.35 X | 11.42 X |
| Revenue | 5.41 B | 9.43 B |
| Gross Profit | 1.62 B | 27.38 B |
| EBITDA | 989.57 M | 3.9 B |
| Net Income | 377.86 M | 570.98 M |
| Cash And Equivalents | 492.6 M | 2.7 B |
| Cash Per Share | 7.68 X | 5.01 X |
| Total Debt | 2.49 B | 5.32 B |
| Debt To Equity | 1.61 % | 48.70 % |
| Current Ratio | 1.94 X | 2.16 X |
| Book Value Per Share | 46.91 X | 1.93 K |
| Cash Flow From Operations | 734.55 M | 971.22 M |
| Short Ratio | 1.87 X | 4.00 X |
| Earnings Per Share | 7.68 X | 3.12 X |
| Price To Earnings To Growth | 188.43 X | 4.89 X |
| Target Price | 268.34 | |
| Number Of Employees | 21.02 K | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 13.61 B | 19.03 B |
| Total Asset | 6.38 B | 29.47 B |
| Retained Earnings | 1.96 B | 9.33 B |
| Working Capital | 1.01 B | 1.48 B |
Note: Disposition of 308 shares by Lauren States of Clean Harbors at 260.74 subject to Rule 16b-3 [view details]
Clean Harbors Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Clean . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Clean Harbors Buy or Sell Advice
When is the right time to buy or sell Clean Harbors? Buying financial instruments such as Clean Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Clean Harbors in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Clean Harbors Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clean Harbors. If investors know Clean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clean Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.262 | Earnings Share 7.68 | Revenue Per Share 107.451 | Quarterly Revenue Growth 0.12 | Return On Assets 0.0628 |
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.