Heritage-Crystal Clean (NASDAQ:HCCI) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday.

Several other research firms have also weighed in on HCCI. Zacks Investment Research lowered Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Stifel Nicolaus reissued a “buy” rating and issued a $23.00 target price on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th. Roth Capital set a $24.00 target price on Heritage-Crystal Clean and gave the company a “buy” rating in a research note on Friday, October 20th. Finally, Robert W. Baird increased their target price on Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $22.50.

Heritage-Crystal Clean (HCCI) opened at $19.25 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.02 and a current ratio of 2.51. Heritage-Crystal Clean has a one year low of $12.85 and a one year high of $22.21. The stock has a market capitalization of $440.44, a price-to-earnings ratio of 31.64, a PEG ratio of 1.89 and a beta of 1.96.

Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.76%. The firm had revenue of $83.33 million for the quarter, compared to analyst estimates of $85.32 million. analysts forecast that Heritage-Crystal Clean will post 0.63 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the business. 361 Capital LLC acquired a new position in Heritage-Crystal Clean in the third quarter valued at about $2,321,000. Janus Henderson Group PLC acquired a new stake in shares of Heritage-Crystal Clean during the second quarter worth about $1,193,000. TIAA CREF Investment Management LLC raised its position in shares of Heritage-Crystal Clean by 11.7% during the second quarter. TIAA CREF Investment Management LLC now owns 51,561 shares of the industrial products company’s stock worth $820,000 after purchasing an additional 5,420 shares during the period. Wedge Capital Management L L P NC raised its position in shares of Heritage-Crystal Clean by 15.7% during the third quarter. Wedge Capital Management L L P NC now owns 70,100 shares of the industrial products company’s stock worth $1,525,000 after purchasing an additional 9,500 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Heritage-Crystal Clean by 7.5% during the first quarter. Dimensional Fund Advisors LP now owns 350,661 shares of the industrial products company’s stock worth $4,804,000 after purchasing an additional 24,493 shares during the period. 58.56% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.watchlistnews.com/bidaskclub-upgrades-heritage-crystal-clean-hcci-to-hold/1746508.html.

About Heritage-Crystal Clean

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.

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

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