Clean Harbors, Inc [NYSE: CLH] price surged by 1.07 percent to reach at $2.19.
The one-year CLH stock forecast points to a potential upside of 19.25. The average equity rating for CLH stock is currently 1.57, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Clean Harbors, Inc [CLH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLH shares is $256.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLH stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Clean Harbors, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 06, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $180 to $206. The new note on the price target was released on December 19, 2023, representing the official price target for Clean Harbors, Inc stock. Previously, the target price had yet another raise to $190, while Wells Fargo analysts kept a Overweight rating on CLH stock.
The Average True Range (ATR) for Clean Harbors, Inc is set at 7.66, with the Price to Sales ratio for CLH stock in the period of the last 12 months amounting to 1.89. The Price to Book ratio for the last quarter was 4.33, with the Price to Cash per share for the same quarter was set at 14.67. Price to Free Cash Flow for CLH in the course of the last twelve months was 32.26 with Quick ratio for the last quarter at 1.86.
CLH Stock Performance Analysis:
Clean Harbors, Inc [CLH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.64. With this latest performance, CLH shares gained by 5.17% in over the last four-week period, additionally sinking by -18.90% over the last 6 months – not to mention a rise of 6.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLH stock in for the last two-week period is set at 56.31, with the RSI for the last a single of trading hit 61.43, and the three-weeks RSI is set at 52.52 for Clean Harbors, Inc [CLH]. The present Moving Average for the last 50 days of trading for this stock 205.73, while it was recorded at 204.08 for the last single week of trading, and 232.14 for the last 200 days.
Insight into Clean Harbors, Inc Fundamentals:
Clean Harbors, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.86 and a Current Ratio set at 2.21.
CLH Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Clean Harbors, Inc go to 13.69%.
Clean Harbors, Inc [CLH] Institutonal Ownership Details
There are presently around $93.80%, or 99.33%% of CLH stock, in the hands of institutional investors. The top three institutional holders of CLH stocks are: VANGUARD GROUP INC with ownership of 4.67 million shares, which is approximately 8.6595%. BLACKROCK INC., holding 4.54 million shares of the stock with an approximate value of $$1.03 billion in CLH stocks shares; and BLACKROCK INC., currently with $$757.91 million in CLH stock with ownership which is approximately 6.214%.
