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

Other equities research analysts also recently issued reports about the stock. Barrington Research reaffirmed a “buy” rating and set a $30.00 price objective on shares of Heritage-Crystal Clean in a report on Wednesday, May 29th. ValuEngine raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $27.00 price objective (up from $23.00) on shares of Heritage-Crystal Clean in a report on Thursday, March 7th. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 5th. Finally, Stifel Nicolaus downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating and set a $25.00 price objective on the stock. in a report on Thursday, February 28th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.33.

NASDAQ HCCI opened at $25.51 on Friday. The stock has a market cap of $588.54 million, a price-to-earnings ratio of 37.51, a price-to-earnings-growth ratio of 1.59 and a beta of 1.50. Heritage-Crystal Clean has a 52 week low of $18.00 and a 52 week high of $29.01. The company has a current ratio of 1.80, a quick ratio of 1.39 and a debt-to-equity ratio of 0.29.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ArrowMark Colorado Holdings LLC lifted its holdings in shares of Heritage-Crystal Clean by 2.3% in the first quarter. ArrowMark Colorado Holdings LLC now owns 2,534,027 shares of the industrial products company’s stock worth $69,559,000 after buying an additional 56,414 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Heritage-Crystal Clean by 5.1% in the first quarter. Dimensional Fund Advisors LP now owns 989,202 shares of the industrial products company’s stock valued at $27,153,000 after purchasing an additional 47,947 shares in the last quarter. BlackRock Inc. raised its stake in Heritage-Crystal Clean by 4.3% in the fourth quarter. BlackRock Inc. now owns 821,943 shares of the industrial products company’s stock valued at $18,912,000 after purchasing an additional 33,944 shares in the last quarter. FMR LLC raised its stake in Heritage-Crystal Clean by 131.6% in the first quarter. FMR LLC now owns 785,000 shares of the industrial products company’s stock valued at $21,548,000 after purchasing an additional 446,000 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Heritage-Crystal Clean by 1.2% in the third quarter. Vanguard Group Inc. now owns 656,789 shares of the industrial products company’s stock valued at $14,022,000 after purchasing an additional 7,572 shares in the last quarter. 64.49% of the stock is currently owned by institutional investors and hedge funds.

Heritage-Crystal Clean Company Profile

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.

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

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