Somewhat Positive News Coverage Somewhat Unlikely to Affect Clean Harbors (CLH) Share Price
Media coverage about Clean Harbors (NYSE:CLH) has been trending somewhat positive on Thursday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Clean Harbors earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.2430261081471 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s rankings:
- Clean Harbors Inc (CLH) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Clean Harbors, Inc., (NYSE: CLH) – Volatiity Indicator’s Analysis – Stock Watch (stocksnewstimes.com)
- $726.00 Million in Sales Expected for Clean Harbors Inc (CLH) This Quarter (americanbankingnews.com)
- Clean Harbors to Present at the 20th Annual Needham Growth Conference (finance.yahoo.com)
Shares of Clean Harbors (NYSE CLH) opened at $54.67 on Thursday. Clean Harbors has a 12-month low of $49.63 and a 12-month high of $61.62. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.19 and a quick ratio of 1.86. The firm has a market capitalization of $3,107.43, a P/E ratio of 781.11 and a beta of 1.02.
A number of brokerages have issued reports on CLH. KeyCorp reaffirmed a “hold” rating on shares of Clean Harbors in a research report on Wednesday, November 1st. BMO Capital Markets decreased their target price on Clean Harbors from $65.00 to $59.00 and set an “outperform” rating for the company in a research report on Thursday, November 2nd. UBS Group raised Clean Harbors from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 2nd. Zacks Investment Research cut Clean Harbors from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $66.00 price objective on shares of Clean Harbors in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $61.00.
In related news, insider David J. Vergo sold 1,097 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $54.00, for a total value of $59,238.00. Following the completion of the transaction, the insider now directly owns 24,156 shares in the company, valued at $1,304,424. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Eric W. Gerstenberg sold 7,150 shares of the company’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $52.77, for a total value of $377,305.50. Following the completion of the transaction, the chief operating officer now owns 86,202 shares of the company’s stock, valued at $4,548,879.54. The disclosure for this sale can be found here. Insiders sold 11,581 shares of company stock valued at $613,418 over the last three months. 8.90% of the stock is owned by company insiders.
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Clean Harbors Company Profile
Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.
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