Somewhat Favorable News Coverage Somewhat Unlikely to Impact Heritage-Crystal Clean (HCCI) Stock Price
News coverage about Heritage-Crystal Clean (NASDAQ:HCCI) has been trending somewhat positive on Thursday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Heritage-Crystal Clean earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.1096566255918 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) Experiences Heavier than Usual Trading Volume (highlightpress.com)
- Head to Head Comparison: Vertex Energy (VTNR) versus Heritage-Crystal Clean (HCCI) (americanbankingnews.com)
- Harvey makes history: Storm dumps record-breaking 49.2 inches of rain (techkenyot.com)
- Heritage-Crystal Shares Up 32.4% Since SmarTrend’s Buy Recommendation (HCCI) (mysmartrend.com)
- Contrasting Casella Waste Systems (CWST) and Heritage-Crystal Clean (HCCI) (americanbankingnews.com)
Heritage-Crystal Clean (HCCI) traded up 0.52% on Thursday, hitting $19.50. The stock had a trading volume of 175,712 shares. Heritage-Crystal Clean has a 1-year low of $11.85 and a 1-year high of $19.75. The company has a market cap of $440.97 million, a P/E ratio of 25.46 and a beta of 2.10. The stock has a 50 day moving average price of $17.70 and a 200 day moving average price of $15.64.
Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The business had revenue of $86.38 million during the quarter, compared to analyst estimates of $82.45 million. Heritage-Crystal Clean had a net margin of 4.92% and a return on equity of 7.69%. On average, equities research analysts expect that Heritage-Crystal Clean will post $0.70 EPS for the current fiscal year.
Several research analysts have issued reports on HCCI shares. TheStreet upgraded Heritage-Crystal Clean from a “c” rating to a “b-” rating in a report on Wednesday, May 17th. Zacks Investment Research upgraded Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Tuesday, July 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price target on shares of Heritage-Crystal Clean in a report on Wednesday, July 19th. Robert W. Baird lowered Heritage-Crystal Clean from an “outperform” rating to a “neutral” rating and increased their price target for the stock from $17.00 to $20.00 in a report on Thursday, July 27th. Finally, Needham & Company LLC increased their price target on Heritage-Crystal Clean from $17.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, July 27th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Heritage-Crystal Clean has a consensus rating of “Buy” and an average target price of $20.50.
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In other news, COO Gregory Ray sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $16.15, for a total value of $32,300.00. Following the completion of the sale, the chief operating officer now directly owns 168,965 shares in the company, valued at approximately $2,728,784.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ellie Bruce sold 2,252 shares of the company’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $17.00, for a total value of $38,284.00. Following the completion of the sale, the vice president now owns 23,281 shares of the company’s stock, valued at $395,777. The disclosure for this sale can be found here. 14.80% of the stock is currently owned by insiders.
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.
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