Charah Solutions Inc (NYSE:CHRA) – Equities researchers at First Analysis raised their FY2018 EPS estimates for shares of Charah Solutions in a note issued to investors on Wednesday, August 15th. First Analysis analyst now forecasts that the company will earn $0.80 per share for the year, up from their prior forecast of $0.62. First Analysis currently has a “Overweight” rating on the stock. First Analysis also issued estimates for Charah Solutions’ Q1 2019 earnings at $0.07 EPS and Q2 2019 earnings at $0.42 EPS.

Several other research firms have also recently commented on CHRA. Morgan Stanley began coverage on Charah Solutions in a research note on Monday, July 9th. They issued an “overweight” rating and a $14.00 price target on the stock. Bank of America began coverage on Charah Solutions in a research note on Monday, July 9th. They issued a “neutral” rating and a $12.50 price target on the stock. Finally, Stifel Nicolaus started coverage on Charah Solutions in a research note on Monday, July 9th. They issued a “buy” rating and a $15.00 price target on the stock.

NYSE:CHRA opened at $7.65 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 4.74. Charah Solutions has a one year low of $6.28 and a one year high of $12.00.

Charah Solutions (NYSE:CHRA) last released its quarterly earnings results on Tuesday, August 14th. The company reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The business had revenue of $195.72 million during the quarter, compared to analyst estimates of $208.90 million.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Hong Kong Ltd acquired a new stake in Charah Solutions during the second quarter valued at approximately $144,000. Spark Investment Management LLC acquired a new stake in Charah Solutions during the second quarter valued at approximately $288,000. Hilltop Holdings Inc. acquired a new stake in Charah Solutions during the second quarter valued at approximately $520,000. Dean Capital Investments Management LLC acquired a new stake in Charah Solutions during the second quarter valued at approximately $547,000. Finally, Sei Investments Co. acquired a new stake in shares of Charah Solutions during the 2nd quarter worth approximately $557,000. Hedge funds and other institutional investors own 2.09% of the company’s stock.

In other news, Director Jack A. Blossman, Jr. acquired 5,000 shares of the business’s stock in a transaction on Monday, June 18th. The shares were purchased at an average price of $12.00 per share, for a total transaction of $60,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

About Charah Solutions

Charah Solutions, Inc provides environmental and maintenance services to the power generation industry. It is involved in the development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management activities, including clean closure, cap-in-place, and design and construction of new ponds.

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