Heritage-Crystal Clean Inc. (NASDAQ:HCCI) will post its quarterly earnings results after the market closes on Wednesday, October 19th. Analysts expect Heritage-Crystal Clean to post earnings of $0.12 per share for the quarter.
Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Heritage-Crystal Clean had a net margin of 0.08% and a return on equity of 2.23%. On average, analysts expect Heritage-Crystal Clean to post $0.34 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) opened at 13.00 on Tuesday. The company has a market capitalization of $291.29 million, a price-to-earnings ratio of 1000.00 and a beta of 1.35. Heritage-Crystal Clean Inc. has a 52-week low of $7.19 and a 52-week high of $14.20. The company’s 50-day moving average is $13.26 and its 200-day moving average is $12.12.
A number of equities analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 5th. Needham & Company LLC lifted their price objective on shares of Heritage-Crystal Clean from $15.50 to $16.50 and gave the stock a “buy” rating in a report on Friday, July 29th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $14.50.
In related news, VP Tom Hillstrom sold 15,000 shares of the business’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $13.21, for a total value of $198,150.00. Following the transaction, the vice president now directly owns 3,810 shares of the company’s stock, valued at approximately $50,330.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 14.30% of the stock is currently owned by corporate insiders.
Several institutional investors have recently modified their holdings of HCCI. Redmond Asset Management LLC increased its position in shares of Heritage-Crystal Clean by 0.9% in the second quarter. Redmond Asset Management LLC now owns 155,191 shares of the company’s stock worth $1,895,000 after buying an additional 1,425 shares during the period. State Street Corp increased its position in shares of Heritage-Crystal Clean by 11.5% in the second quarter. State Street Corp now owns 156,723 shares of the company’s stock worth $1,913,000 after buying an additional 16,155 shares during the period. Spark Investment Management LLC bought a new position in shares of Heritage-Crystal Clean during the second quarter worth $225,000. Coe Capital Management LLC bought a new position in shares of Heritage-Crystal Clean during the second quarter worth $979,000. Finally, Teachers Advisors Inc. increased its position in shares of Heritage-Crystal Clean by 1.8% in the second quarter. Teachers Advisors Inc. now owns 19,037 shares of the company’s stock worth $232,000 after buying an additional 337 shares during the period. 49.84% of the stock is currently owned by institutional investors.
Heritage-Crystal Clean Company Profile
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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