Clean Harbors Stock Analysis

CLH Stock  USD 259.00  6.50  2.57%   
Clean Harbors is overvalued with Real Value of 197.65 and Target Price of 185.73. The main objective of Clean Harbors stock analysis is to determine its intrinsic value, which is an estimate of what Clean Harbors is worth, separate from its market price. There are two main types of Clean Harbors' stock analysis: fundamental analysis and technical analysis.
The Clean Harbors stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Clean Harbors' ongoing operational relationships across important fundamental and technical indicators.
  
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.

Clean Stock Analysis Notes

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. Clean Harbors, Inc. provides environmental and industrial services in North America. Clean Harbors, Inc. was incorporated in 1980 and is headquartered in Norwell, Massachusetts. Clean Harbors operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 18300 people. For more info on Clean Harbors please contact Alan McKim at 781 792 5000 or go to https://www.cleanharbors.com.

Clean Harbors Quarterly Total Revenue

1.53 Billion

Clean Harbors Investment Alerts

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 Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: 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
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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6th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Clean Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2006-05-04
2006-03-310.080.07-0.0112 
1994-10-13
1994-09-300.060.05-0.0116 
1994-07-11
1994-06-300.050.060.0120 
View All Earnings Estimates

Clean Harbors Environmental, Social, and Governance (ESG) Scores

Clean Harbors' ESG score is a quantitative measure that evaluates Clean Harbors' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Clean Harbors' operations that may have significant financial implications and affect Clean Harbors' stock price as well as guide investors towards more socially responsible investments.

Clean Stock Institutional Investors

Shares
Pictet Asset Manangement Sa2024-06-30
983.3 K
Geode Capital Management, Llc2024-09-30
847.7 K
Dimensional Fund Advisors, Inc.2024-09-30
661 K
Norges Bank2024-06-30
595.4 K
Handelsbanken Fonder Ab2024-09-30
570.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
561.1 K
Marshall Wace Asset Management Ltd2024-06-30
537.3 K
Hood River Capital Management Llc2024-09-30
524.7 K
Bank Of New York Mellon Corp2024-06-30
454.7 K
Vanguard Group Inc2024-09-30
4.6 M
Blackrock Inc2024-06-30
4.5 M
Note, although Clean Harbors' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Clean Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 13.61 B.

Clean Profitablity

The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.
Last ReportedProjected 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 

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 ReportedProjected 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 Value896.6 M941.5 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.
Operating Margin
0.1257
Profit Margin
0.0719
Beta
1.205
Return On Assets
0.0628
Return On Equity
0.1768

Technical Drivers

As of the 25th of November, Clean Harbors shows the risk adjusted performance of 0.0335, and Mean Deviation of 1.22. 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 Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Clean Harbors middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Clean Harbors. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 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.

Clean Harbors Predictive Daily 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
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F4
18th 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
F4
6th 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
F4
4th 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
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
16th of October 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
8K
11th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Clean Harbors Forecast Models

Clean Harbors' time-series forecasting models are one of many Clean Harbors' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Clean Harbors' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Clean Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Clean Harbors prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Clean shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Clean Harbors. By using and applying Clean Stock analysis, traders can create a robust methodology for identifying Clean entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.09  0.10 
Operating Profit Margin 0.11  0.12 
Net Profit Margin 0.07  0.07 
Gross Profit Margin 0.31  0.23 

Current Clean Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Clean analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Clean analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
185.73Strong Buy13Odds
Clean Harbors current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Clean analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Clean stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Clean Harbors, talking to its executives and customers, or listening to Clean conference calls.
Clean Analyst Advice Details

Clean Stock Analysis Indicators

Clean Harbors stock analysis indicators help investors evaluate how Clean Harbors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Clean Harbors shares will generate the highest return on investment. By understating and applying Clean Harbors stock analysis, traders can identify Clean Harbors position entry and exit signals to maximize returns.
Begin Period Cash Flow492.6 M
Long Term Debt2.3 B
Common Stock Shares Outstanding54.4 M
Total Stockholder Equity2.2 B
Tax Provision125.4 M
Quarterly Earnings Growth Y O Y0.262
Property Plant And Equipment Net2.4 B
Cash And Short Term Investments550.8 M
Cash444.7 M
Accounts Payable451.8 M
Net DebtB
50 Day M A249.8522
Total Current LiabilitiesB
Other Operating Expenses4.8 B
Non Current Assets Total4.3 B
Forward Price Earnings32.0513
Non Currrent Assets Other59.7 M
Stock Based Compensation20.7 M

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When running Clean Harbors' price analysis, check to measure Clean Harbors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clean Harbors is operating at the current time. Most of Clean Harbors' value examination focuses on studying past and present price action to predict the probability of Clean Harbors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Harbors' price. Additionally, you may evaluate how the addition of Clean Harbors to your portfolios can decrease your overall portfolio volatility.
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