Is Clean Harbors Stock a Good Investment?
Clean Harbors Investment Advice | CLH |
- Examine Clean Harbors' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Clean Harbors' leadership team and their track record. Good management can help Clean Harbors navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Clean Harbors' business and its evolving consumer preferences.
- Compare Clean Harbors' performance and market position to its competitors. Analyze how Clean Harbors is positioned in terms of product offerings, innovation, and market share.
- Check if Clean Harbors pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Clean Harbors' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Clean Harbors stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Clean Harbors is a good investment.
Sell | Buy |
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 |
Examine Clean Harbors Stock
Researching Clean Harbors' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 7.68. Clean Harbors had 2:1 split on the 27th of July 2011.
To determine if Clean Harbors is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Clean Harbors' research are outlined below:
| 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 Quarterly Accounts Payable |
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Clean Harbors uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Clean Harbors. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Clean Harbors' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Clean Harbors' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Clean Harbors' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2006-05-04 | 2006-03-31 | 0.08 | 0.07 | -0.01 | 12 | ||
1994-10-13 | 1994-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
1994-07-11 | 1994-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1993-04-21 | 1993-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1993-01-27 | 1992-12-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2008-05-07 | 2008-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2002-07-23 | 2002-06-30 | 0.04 | 0.02 | -0.02 | 50 | ||
1996-10-23 | 1996-09-30 | -0.11 | -0.09 | 0.02 | 18 |
Know Clean Harbors' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Clean Harbors is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clean Harbors backward and forwards among themselves. Clean Harbors' institutional investor refers to the entity that pools money to purchase Clean Harbors' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 13.61 B.Market Cap |
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Clean Harbors' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.17 | 0.18 |
Determining Clean Harbors' profitability involves analyzing its financial statements and using various financial metrics to determine if Clean Harbors is a good buy. For example, gross profit margin measures Clean Harbors' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Clean Harbors' profitability and make more informed investment decisions.
Clean Harbors' Earnings Breakdown by Geography
Evaluate Clean Harbors' management efficiency
Clean Harbors has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1768 %, implying that it generated $0.1768 on every 100 dollars invested. Clean Harbors' management efficiency ratios could be used to measure how well Clean Harbors manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Clean Harbors' Return On Tangible Assets are increasing as compared to previous years. The Clean Harbors' current Return On Assets is estimated to increase to 0.06, while Return On Capital Employed is projected to decrease to 0.11. As of now, Clean Harbors' Other Current Assets are increasing as compared to previous years. The Clean Harbors' current Total Current Assets is estimated to increase to about 2.2 B, while Net Tangible Assets are projected to decrease to under 1.4 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 41.57 | 43.64 | |
| Tangible Book Value Per Share | 6.60 | 6.93 | |
| Enterprise Value Over EBITDA | 11.60 | 7.18 | |
| Price Book Value Ratio | 4.20 | 4.44 | |
| Enterprise Value Multiple | 11.60 | 7.18 | |
| Price Fair Value | 4.20 | 4.44 | |
| Enterprise Value | 896.6 M | 941.5 M |
The decision-making processes within Clean Harbors are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.205 |
Basic technical analysis of Clean Stock
As of the 25th of November, Clean Harbors shows the mean deviation of 1.22, and Risk Adjusted Performance of 0.0335. Clean Harbors technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Clean Harbors' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Clean Harbors insiders, such as employees or executives, is commonly permitted as long as it does not rely on Clean Harbors' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Clean Harbors insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Clean Harbors' Outstanding Corporate Bonds
Clean Harbors issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Clean Harbors uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Clean bonds can be classified according to their maturity, which is the date when Clean Harbors has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| Clean Harbors 4875 Corp BondUS184496AN71 | View | |
| Clean Harbors 5125 Corp BondUS184496AP20 | View | |
| CLH 6375 01 FEB 31 Corp BondUS184496AQ03 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Clean Harbors' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Clean Harbors' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0335 | |||
| Market Risk Adjusted Performance | 0.0506 | |||
| Mean Deviation | 1.22 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.58 | |||
| Coefficient Of Variation | 2814.2 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.28 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0406 | |||
| Maximum Drawdown | 13.89 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.02 | |||
| Downside Variance | 6.63 | |||
| Semi Variance | 5.64 | |||
| Expected Short fall | (1.11) | |||
| Skewness | (1.56) | |||
| Kurtosis | 12.98 |
| Risk Adjusted Performance | 0.0335 | |||
| Market Risk Adjusted Performance | 0.0506 | |||
| Mean Deviation | 1.22 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.58 | |||
| Coefficient Of Variation | 2814.2 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.28 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0406 | |||
| Maximum Drawdown | 13.89 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.02 | |||
| Downside Variance | 6.63 | |||
| Semi Variance | 5.64 | |||
| Expected Short fall | (1.11) | |||
| Skewness | (1.56) | |||
| Kurtosis | 12.98 |
Consider Clean Harbors' intraday indicators
Clean Harbors intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Clean Harbors stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Clean Harbors Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 19th of September 2024 Other Reports | ViewVerify |
Clean Stock media impact
Far too much social signal, news, headlines, and media speculation about Clean Harbors that are available to investors today. That information is available publicly through Clean media outlets and privately through word of mouth or via Clean internal channels. However, regardless of the origin, that massive amount of Clean data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Clean Harbors news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Clean Harbors relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Clean Harbors' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Clean Harbors alpha.
Clean Harbors Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Clean Harbors can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Clean Harbors Historical Investor Sentiment
Investor biases related to Clean Harbors' public news can be used to forecast risks associated with an investment in Clean. The trend in average sentiment can be used to explain how an investor holding Clean can time the market purely based on public headlines and social activities around Clean Harbors. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Clean Harbors' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Clean Harbors and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Clean Harbors news discussions. The higher the estimate score, the more favorable the investor's outlook on Clean Harbors.
Clean Harbors Corporate Directors
| Rod Marlin | Independent Director | Profile | |
| John Welch | Independent Director | Profile | |
| Eugene Banucci | Lead Independent Director | Profile | |
| John Preston | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.
In summary, please note that there is a difference between Clean Harbors' value and its price, as these two are different measures arrived at by various 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.