Needham & Company LLC Issues Positive Forecast for Clean Harbors (NYSE:CLH) Stock Price

Clean Harbors (NYSE:CLH) had its target price increased by analysts at Needham & Company LLC from $290.00 to $308.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s target price points to a potential upside of 11.45% from the company’s current price.

Other research analysts have also recently issued research reports about the company. UBS Group reduced their price objective on Clean Harbors from $245.00 to $240.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Zacks Research upgraded Clean Harbors from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Clean Harbors in a report on Monday, December 29th. Citigroup increased their price objective on shares of Clean Harbors from $263.00 to $274.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Raymond James Financial dropped their target price on Clean Harbors from $277.00 to $270.00 and set a “strong-buy” rating on the stock in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $267.17.

Clean Harbors Price Performance

CLH opened at $276.37 on Thursday. Clean Harbors has a 52-week low of $178.29 and a 52-week high of $286.45. The company has a 50 day moving average of $253.78 and a two-hundred day moving average of $239.56. The company has a market cap of $14.77 billion, a P/E ratio of 38.33 and a beta of 0.96. The company has a quick ratio of 2.09, a current ratio of 2.44 and a debt-to-equity ratio of 1.00.

Clean Harbors (NYSE:CLH) last issued its earnings results on Wednesday, February 18th. The business services provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.03. Clean Harbors had a net margin of 6.51% and a return on equity of 14.61%. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the firm posted $1.55 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, analysts expect that Clean Harbors will post 7.89 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Eric W. Gerstenberg sold 601 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total value of $144,780.90. Following the completion of the sale, the chief executive officer directly owned 50,454 shares of the company’s stock, valued at $12,154,368.60. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Candriam S.C.A. raised its stake in Clean Harbors by 36.4% during the 3rd quarter. Candriam S.C.A. now owns 68,867 shares of the business services provider’s stock valued at $15,992,000 after acquiring an additional 18,367 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Clean Harbors by 715.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 7,262 shares of the business services provider’s stock worth $1,686,000 after purchasing an additional 6,371 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its holdings in shares of Clean Harbors by 127.2% during the second quarter. Vestmark Advisory Solutions Inc. now owns 15,206 shares of the business services provider’s stock valued at $3,515,000 after purchasing an additional 8,514 shares during the period. Bessemer Group Inc. raised its stake in shares of Clean Harbors by 8.6% during the third quarter. Bessemer Group Inc. now owns 1,097,702 shares of the business services provider’s stock valued at $254,908,000 after purchasing an additional 87,322 shares in the last quarter. Finally, UniSuper Management Pty Ltd lifted its holdings in Clean Harbors by 14.0% in the third quarter. UniSuper Management Pty Ltd now owns 51,663 shares of the business services provider’s stock worth $11,997,000 after purchasing an additional 6,338 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock.

More Clean Harbors News

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

• Positive Sentiment: Q4 results beat revenue and EPS estimates, with year‑over‑year revenue growth and higher segment profitability — management called out strong Environmental segment performance. This is the immediate fundamental catalyst supporting the stock. Business Wire: Q4 & Full‑Year Results
• Positive Sentiment: Analysts and commentary highlight management actions (buybacks), fleet reinvestment, and an environmental acquisition — items that support long‑term growth and valuation upside if execution continues. Yahoo Finance: Valuation, Buybacks & Acquisition
• Neutral Sentiment: Earnings call emphasized record cash generation but a cautious near‑term outlook from management — positive for balance sheet/optionality, but the cautious tone limits immediate upside until guidance clarity. TipRanks: Earnings Call Highlights
• Neutral Sentiment: Industry notes (Zacks coverage) list Clean Harbors among waste/environmental peers poised to benefit from ESG, WTE tech and secular demand — supportive industry backdrop but not an immediate stock catalyst. Sharewise/Zacks: Industry Outlook
• Negative Sentiment: Zacks Research has trimmed near‑term and fiscal estimates (multiple quarter revisions and a lower FY number), and currently carries a “Hold” view — analyst downgrades/estimate cuts can pressure multiple expansion and weigh on sentiment until guidance or trends reaccelerate.

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.