Heritage-Crystal Clean (NASDAQ:HCCI) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday, BidAskClub reports.

Several other analysts also recently weighed in on the stock. Barrington Research reaffirmed a “buy” rating and set a $30.00 price target on shares of Heritage-Crystal Clean in a research note on Wednesday, May 29th. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. ValuEngine raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $27.00 price target (up previously from $23.00) on shares of Heritage-Crystal Clean in a research note on Thursday, March 7th. Finally, Stifel Nicolaus downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research note on Thursday, February 28th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $28.33.

Heritage-Crystal Clean stock opened at $25.89 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. Heritage-Crystal Clean has a fifty-two week low of $18.00 and a fifty-two week high of $29.01. The company has a market cap of $598.71 million, a PE ratio of 39.23, a P/E/G ratio of 1.62 and a beta of 1.50.

Heritage-Crystal Clean (NASDAQ:HCCI) last posted its quarterly earnings results on Wednesday, May 1st. The industrial products company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.20). Heritage-Crystal Clean had a net margin of 2.92% and a return on equity of 6.17%. The company had revenue of $95.77 million for the quarter, compared to the consensus estimate of $91.62 million. On average, sell-side analysts predict that Heritage-Crystal Clean will post 1.06 EPS for the current year.

Hedge funds have recently modified their holdings of the stock. Ramsey Quantitative Systems purchased a new position in Heritage-Crystal Clean during the fourth quarter valued at approximately $47,000. Legal & General Group Plc increased its holdings in Heritage-Crystal Clean by 22.7% during the fourth quarter. Legal & General Group Plc now owns 2,744 shares of the industrial products company’s stock valued at $63,000 after buying an additional 507 shares during the period. Great West Life Assurance Co. Can purchased a new position in Heritage-Crystal Clean during the fourth quarter valued at approximately $73,000. BNP Paribas Arbitrage SA increased its holdings in Heritage-Crystal Clean by 476.2% during the first quarter. BNP Paribas Arbitrage SA now owns 3,100 shares of the industrial products company’s stock valued at $85,000 after buying an additional 2,562 shares during the period. Finally, Metropolitan Life Insurance Co. NY increased its holdings in Heritage-Crystal Clean by 421.8% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,093 shares of the industrial products company’s stock valued at $117,000 after buying an additional 4,117 shares during the period. 64.49% of the stock is currently owned by institutional investors.

About Heritage-Crystal Clean

Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.

Read More: How analysts view the yield curve

Analyst Recommendations for Heritage-Crystal Clean (NASDAQ:HCCI)

Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.