Stifel Nicolaus Initiates Coverage on Clean Harbors (NYSE:CLH)

Analysts at Stifel Nicolaus assumed coverage on shares of Clean Harbors (NYSE:CLH) in a report released on Friday. The firm set a “buy” rating and a $337.00 price target on the business services provider’s stock. Stifel Nicolaus’ target price points to a potential upside of 20.00% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. Robert W. Baird boosted their price target on shares of Clean Harbors from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. UBS Group lifted their target price on Clean Harbors from $300.00 to $315.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Oppenheimer boosted their target price on Clean Harbors from $310.00 to $316.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. BMO Capital Markets upped their price target on Clean Harbors from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Finally, Barclays increased their price target on Clean Harbors from $280.00 to $304.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Clean Harbors presently has a consensus rating of “Moderate Buy” and an average target price of $323.23.

Clean Harbors Stock Up 0.0%

Shares of CLH traded up $0.12 during mid-day trading on Friday, hitting $280.83. 22,834 shares of the company’s stock were exchanged, compared to its average volume of 525,286. The stock’s 50-day moving average is $295.48 and its 200-day moving average is $267.89. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors has a fifty-two week low of $201.34 and a fifty-two week high of $316.98. The company has a market cap of $14.84 billion, a price-to-earnings ratio of 38.04 and a beta of 0.92.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Clean Harbors had a net margin of 6.53% and a return on equity of 14.37%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 earnings per share. On average, sell-side analysts anticipate that Clean Harbors will post 8.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Marcy L. Reed sold 836 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $287.94, for a total value of $240,717.84. Following the transaction, the director owned 5,081 shares in the company, valued at approximately $1,463,023.14. This represents a 14.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lauren States sold 789 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $286.19, for a total value of $225,803.91. Following the sale, the director directly owned 11,359 shares in the company, valued at $3,250,832.21. This trade represents a 6.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 7,308 shares of company stock worth $2,133,467. 5.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Clean Harbors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CLH. Quattro Advisors LLC acquired a new stake in Clean Harbors during the fourth quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new position in shares of Clean Harbors in the 4th quarter valued at $26,000. Parkside Financial Bank & Trust grew its position in shares of Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after buying an additional 80 shares during the last quarter. MidFirst Bank acquired a new stake in Clean Harbors during the 4th quarter worth $28,000. Finally, Larson Financial Group LLC raised its stake in Clean Harbors by 676.5% during the 4th quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock worth $31,000 after acquiring an additional 115 shares in the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors News Roundup

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Zacks Research raised its near-term and medium-term earnings estimates for Clean Harbors, including higher forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, FY2026, and FY2027. Higher earnings expectations can be bullish for the stock because they suggest stronger operating performance ahead.
• Positive Sentiment: The updated FY2026 and FY2027 EPS estimates now sit at $8.28 and $8.85, respectively, both above prior forecasts. That indicates improving analyst confidence in Clean Harbors’ profitability.
• Neutral Sentiment: Clean Harbors recently reported Q1 results that beat EPS expectations, with $1.19 per share versus $1.15 expected, while revenue came in slightly below estimates. This was supportive, but not a major surprise for the market.
• Negative Sentiment: Director Lauren States sold 789 shares at an average price of $286.19, a modest insider sale that may weigh on sentiment, even though the transaction was relatively small compared with her remaining holdings.
• Negative Sentiment: The stock has been trading below its 50-day moving average, which can signal recent weakness and may limit near-term upside despite the improved analyst estimates.

About Clean Harbors

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.