Clean Harbors, Inc (NYSE: CLH) is -0.03% lower on its value in year-to-date trading and has touched a low of $162.36 and a high of $267.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLH stock was last observed hovering at around $228.27 in the last trading session, with the day’s gains setting it 1.81%.
Currently trading at $230.08, the stock is -2.14% and -6.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.41 million and changing 0.79% at the moment leaves the stock -0.18% off its SMA200. CLH registered 37.58% gain for a year compared to 6-month gain of 2.93%. The firm has a 50-day simple moving average (SMA 50) of $244.804 and a 200-day simple moving average (SMA200) of $230.5004.
The stock witnessed a -7.23% loss in the last 1 month and extending the period to 3 months gives it a -8.49%, and is -0.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.44% over the month.
Clean Harbors, Inc (CLH) has around 21539 employees, a market worth around $12.40B and $5.80B in sales. Current P/E ratio is 29.95 and Fwd P/E is 27.77. Profit margin for the company is 7.19%. Distance from 52-week low is 41.71% and -13.86% from its 52-week high. The company has generated returns on investments over the last 12 months (7.60%).
The EPS is expected to grow by 3.55% this year
780.0 institutions hold shares in Clean Harbors, Inc (CLH), with institutional investors hold 98.46% of the company’s shares. The shares outstanding are 53.90M, and float is at 50.76M with Short Float at 1.17%. Institutions hold 92.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.67 million shares valued at $1.06 billion. The investor’s holdings represent 8.6595 of the CLH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.54 million shares valued at $1.03 billion to account for 8.4256 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 3.35 million shares representing 6.2143 and valued at over $757.91 million, while SELECT EQUITY GROUP, L.P. holds 3.3828 of the shares totaling 1.82 million with a market value of $412.58 million.
Clean Harbors, Inc (CLH) Insider Activity
The most recent transaction is an insider sale by States Lauren, the company’s Director. SEC filings show that States Lauren sold 308 shares of the company’s common stock on Dec 16 ’24 at a price of $245.06 per share for a total of $75478.0. Following the sale, the insider now owns 12534.0 shares.
Still, SEC filings show that on Nov 27 ’24, BRIAN P WEBER (Officer) Proposed Sale 861 shares at an average price of $261.31 for $0.22 million. The insider now directly holds shares of Clean Harbors, Inc (CLH).
