Heritage-Crystal Clean Inc. (HCCI) Sets New 12-Month High at $13.92
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) hit a new 52-week high during trading on Tuesday . The company traded as high as $13.92 and last traded at $13.80, with a volume of 108,861 shares. The stock had previously closed at $13.72.
A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Heritage-Crystal Clean from a “hold” rating to a “strong-buy” rating and set a $14.00 price objective for the company in a research report on Monday, August 1st. Needham & Company LLC raised their price objective on Heritage-Crystal Clean from $13.00 to $15.50 and gave the stock a “buy” rating in a research report on Wednesday, June 22nd. TheStreet upgraded Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research report on Monday, June 6th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Heritage-Crystal Clean in a report on Friday, May 6th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $14.50.
The stock’s 50 day moving average is $12.76 and its 200 day moving average is $11.05. The stock has a market capitalization of $309.44 million and a price-to-earnings ratio of 1062.31.
Heritage-Crystal Clean (NASDAQ:HCCI) last released its earnings results on Thursday, July 28th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Equities research analysts anticipate that Heritage-Crystal Clean Inc. will post $0.33 earnings per share for the current year.
In other news, VP Tom Hillstrom sold 15,000 shares of the business’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $13.21, for a total transaction of $198,150.00. Following the completion of the sale, the vice president now owns 3,810 shares in the company, valued at $50,330.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
An institutional investor recently raised its position in Heritage-Crystal Clean stock. Dimensional Fund Advisors LP increased its position in shares of Heritage-Crystal Clean Inc. (NASDAQ:HCCI) by 24.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 174,951 shares of the company’s stock after buying an additional 33,920 shares during the period. Dimensional Fund Advisors LP owned approximately 0.78% of Heritage-Crystal Clean worth $1,854,000 as of its most recent SEC filing.
Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.
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