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Recommendations
Clean Harbors price target raised to $165 from $160 at Baird » 06:31
05/04/23
05/04
06:31
05/04/23
06:31
CLH

Clean Harbors

$137.51 /

-8.69 (-5.94%)

Baird analyst David…

Baird analyst David Manthey raised the firm's price target on Clean Harbors to $165 from $160 and keeps an Outperform rating on the shares. The analyst said ES is outperforming expectations and full-year guidance was also raised for an acquisition, but weaker SKSS spreads left the overall guidance unchanged. We continue to model slightly below the low end of the range given our macro/cyclical view but we see good upside with upcoming catalysts.

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CLH Clean Harbors
$137.51 /

-8.69 (-5.94%)

CLH Clean Harbors
$137.51 /

-8.69 (-5.94%)

04/17/23 Truist
Clean Harbors initiated with Buy on 'competitive moat' at Truist
04/17/23 Truist
Clean Harbors initiated with a Buy at Truist
03/30/23 Needham
Clean Harbors price target raised to $150 from $146 at Needham
03/30/23 Oppenheimer
Clean Harbors price target raised to $151 from $145 at Oppenheimer
CLH Clean Harbors
$137.51 /

-8.69 (-5.94%)

CLH Clean Harbors
$137.51 /

-8.69 (-5.94%)

Over a month ago
Earnings
Clean Harbors reports Q1 EPS $1.36, consensus $1.17 » 07:42
05/03/23
05/03
07:42
05/03/23
07:42
CLH

Clean Harbors

$146.20 /

+0.07 (+0.05%)

Reports Q1 revenue…

Reports Q1 revenue $$1.31B , consensus $$1.25B. "We opened 2023 with a strong first-quarter performance led by our Environmental Services segment," said Mike Battles and Eric Gerstenberg, Co-Chief Executive Officers. "We delivered 12% top-line growth that translated to a 19% increase in Adjusted EBITDA. As a result, our Adjusted EBITDA margin grew by 110 basis points from the same period in 2022. The quarter's profitable growth in the Environmental Services segment more than offset a decrease in the profitability of our Safety-Kleen Sustainability Solutions segment. In addition, we posted the best first-quarter safety results in our history, registering a Total Recordable Incident Rate (TRIR) of 0.61. Our team members did a phenomenal job embracing the 'Safety Starts with Me' mindset on the job every day."

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CLH Clean Harbors
$146.20 /

+0.07 (+0.05%)

CLH Clean Harbors
$146.20 /

+0.07 (+0.05%)

04/17/23 Truist
Clean Harbors initiated with Buy on 'competitive moat' at Truist
04/17/23 Truist
Clean Harbors initiated with a Buy at Truist
03/30/23 Needham
Clean Harbors price target raised to $150 from $146 at Needham
03/30/23 Oppenheimer
Clean Harbors price target raised to $151 from $145 at Oppenheimer
CLH Clean Harbors
$146.20 /

+0.07 (+0.05%)

CLH Clean Harbors
$146.20 /

+0.07 (+0.05%)

Initiation
Clean Harbors initiated with Buy on 'competitive moat' at Truist » 16:51
04/17/23
04/17
16:51
04/17/23
16:51
CLH

Clean Harbors

$143.25 /

-0.275 (-0.19%)

Truist initiated coverage…

Truist initiated coverage of Clean Harbors with a Buy rating and $165 price target. Clean Harbors is the leading hazardous waste and oil re-refining company in the U.S., the analyst tells investors in a research note. The firm says the company should be a primary beneficiary of increased funding for environmental and infrastructure programs. In addition, Clean Harbors should see structural margin gains in Safety-Kleen Oil and continued above-trend pricing increases in environmental services. Truist believes investors underappreciate the "competitive moat" of the company's asset base.

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CLH Clean Harbors
$143.25 /

-0.275 (-0.19%)

CLH Clean Harbors
$143.25 /

-0.275 (-0.19%)

04/17/23 Truist
Clean Harbors initiated with a Buy at Truist
03/30/23 Needham
Clean Harbors price target raised to $150 from $146 at Needham
03/30/23 Oppenheimer
Clean Harbors price target raised to $151 from $145 at Oppenheimer
03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
CLH Clean Harbors
$143.25 /

-0.275 (-0.19%)

CLH Clean Harbors
$143.25 /

-0.275 (-0.19%)

Initiation
Clean Harbors initiated with a Buy at Truist » 16:05
04/17/23
04/17
16:05
04/17/23
16:05
CLH

Clean Harbors

$143.33 /

-0.19 (-0.13%)

Truist analyst Tobey…

Truist analyst Tobey Sommer initiated coverage of Clean Harbors with a Buy rating and $165 price target.

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CLH Clean Harbors
$143.33 /

-0.19 (-0.13%)

CLH Clean Harbors
$143.33 /

-0.19 (-0.13%)

03/30/23 Needham
Clean Harbors price target raised to $150 from $146 at Needham
03/30/23 Oppenheimer
Clean Harbors price target raised to $151 from $145 at Oppenheimer
03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
CLH Clean Harbors
$143.33 /

-0.19 (-0.13%)

CLH Clean Harbors
$143.33 /

-0.19 (-0.13%)

Recommendations
Clean Harbors price target raised to $150 from $146 at Needham » 09:38
03/30/23
03/30
09:38
03/30/23
09:38
CLH

Clean Harbors

$135.16 /

+2.28 (+1.72%)

Needham analyst James…

Needham analyst James Ricchiuti raised the firm's price target on Clean Harbors to $150 from $146 and keeps a Buy rating on the shares. The company's first investor day presentation in nearly 10 years was upbeat on both the near-term and long-term prospects, the analyst tells investors in a research note. With its wide market reach spanning 55 different business lines at present, management sees ample opportunities for M&A, ranging from bolt-on acquisitions over the next 1-2 years to chunkier deals, the firm adds.

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CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

03/30/23 Oppenheimer
Clean Harbors price target raised to $151 from $145 at Oppenheimer
03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

Recommendations
Clean Harbors price target raised to $151 from $145 at Oppenheimer » 07:32
03/30/23
03/30
07:32
03/30/23
07:32
CLH

Clean Harbors

$135.16 /

+2.28 (+1.72%)

Oppenheimer analyst Noah…

Oppenheimer analyst Noah Kaye raised the firm's price target on Clean Harbors to $151 from $145 and keeps an Outperform rating on the shares after the company presented five-year organic and M&A scenario outlooks at its first investor day since 2013 while providing insights into market structures, M&A opportunities, and demand trends across business lines. The leadership transition, multiple years into operationalization, should support strategic continuity, the firm says. While Oppenheimer believes investors may read long-term targets as conservative, doubling free cash flow organically over five years through EBITDA growth and decreasing capital intensity screen as compelling.

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CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
11/03/22 UBS
Clean Harbors downgraded to Neutral from Buy at UBS
CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

CLH Clean Harbors
$135.16 /

+2.28 (+1.72%)

Hot Stocks
Clean Harbors: With Organic growth only model sees FY27 adjusted EBITDA $1.4B » 08:45
03/29/23
03/29
08:45
03/29/23
08:45
CLH

Clean Harbors

$133.00 /

+0.67 (+0.51%)

Clean Harbors will unveil…

Clean Harbors will unveil "Vision 2027," the Company's long-term growth strategy, during its 2023 Investor Day in Chicago. The event will feature presentations by several members of its executive leadership. The team will discuss the Company's strategic priorities and disciplined capital allocation strategy, provide an in-depth review of core businesses and corporate functions and introduce Clean Harbors' long-term financial targets. "Driven by our commitment to achieving a superior return on invested capital, our five-year targets for Adjusted EBITDA and adjusted free cash flow are expected to build on our original mission," said co-CEO Mike Battles. "We believe that these new anticipated milestones within our Vision 2027 reflect the significant growth potential of our businesses and the long-term stability of our markets. Today's speakers will also highlight the multiple industry tailwinds we see for our Company in the coming years, including reshoring, regulations and the shift toward sustainable solutions. These market dynamics will underpin the next exciting phase of the Company's growth that will consist of a combination of organic growth and acquisitions, which has been Clean Harbors' formula for success throughout its long history." Clean Harbors' five-year financial targets include: An organic growth only model that we expect will generate 2027 Adjusted EBITDA* of ~$1.4B and adjusted free cash flow* of ~$600M. A model combining both organic growth and acquisitions that we expect will generate 2027 Adjusted EBITDA* of ~$2B and adjusted free cash flow* of ~$800M. Assumptions associated with both models include: Expected revenue growth that is 100-300 basis points above U.S. GDP, and Expected adjusted EBITDA* growth that is 200-300 basis points above revenue growth. For the organic growth only model, the Company assumes no acquisitions completed over the five-year period resulting in a significant cash build.

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CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
11/03/22 UBS
Clean Harbors downgraded to Neutral from Buy at UBS
CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

Conference/Events
Clean Harbors to hold virtual investor day » 08:25
03/29/23
03/29
08:25
03/29/23
08:25
CLH

Clean Harbors

$133.00 /

+0.67 (+0.51%)

Virtual Investor Day to…

Virtual Investor Day to be held on March 29 at 9 am. Webcast Link

ShowHide Related Items >><<
CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
11/03/22 UBS
Clean Harbors downgraded to Neutral from Buy at UBS
CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

Conference/Events
Clean Harbors to hold virtual investor day » 04:55
03/29/23
03/29
04:55
03/29/23
04:55
CLH

Clean Harbors

$133.00 /

+0.67 (+0.51%)

Virtual Investor Day to…

Virtual Investor Day to be held on March 29 at 9 am. Webcast Link

ShowHide Related Items >><<
CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
11/03/22 UBS
Clean Harbors downgraded to Neutral from Buy at UBS
CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

CLH Clean Harbors
$133.00 /

+0.67 (+0.51%)

Conference/Events
Clean Harbors to hold virtual investor day » 23:28
03/25/23
03/25
23:28
03/25/23
23:28
CLH

Clean Harbors

$131.09 /

-1.93 (-1.45%)

Virtual Investor Day to…

Virtual Investor Day to be held on March 29 at 9 am. Webcast Link

ShowHide Related Items >><<
CLH Clean Harbors
$131.09 /

-1.93 (-1.45%)

CLH Clean Harbors
$131.09 /

-1.93 (-1.45%)

03/05/23 Raymond James
Clean Harbors price target raised to $155 from $150 at Raymond James
03/02/23 BMO Capital
Clean Harbors price target raised to $154 from $132 at BMO Capital
03/02/23 Oppenheimer
Clean Harbors price target raised to $145 from $135 at Oppenheimer
11/03/22 UBS
Clean Harbors downgraded to Neutral from Buy at UBS
CLH Clean Harbors
$131.09 /

-1.93 (-1.45%)

CLH Clean Harbors
$131.09 /

-1.93 (-1.45%)

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