Q3 EPS Estimates for Clean Harbors Raised by Zacks Research

Clean Harbors, Inc. (NYSE:CLH) – Investment analysts at Zacks Research raised their Q3 2026 EPS estimates for Clean Harbors in a research note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the business services provider will earn $3.14 per share for the quarter, up from their prior estimate of $2.57. The consensus estimate for Clean Harbors’ current full-year earnings is $9.51 per share. Zacks Research also issued estimates for Clean Harbors’ FY2026 earnings at $9.51 EPS, Q3 2027 earnings at $3.10 EPS and Q1 2028 earnings at $1.15 EPS.

Other research analysts also recently issued reports about the company. Raymond James Financial reissued a “strong-buy” rating and issued a $375.00 price objective on shares of Clean Harbors in a research note on Thursday, July 30th. Stifel Nicolaus upped their target price on Clean Harbors from $337.00 to $364.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Citigroup increased their price target on Clean Harbors from $349.00 to $376.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Bank of America set a $377.00 price target on shares of Clean Harbors and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Clean Harbors from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Clean Harbors has an average rating of “Moderate Buy” and an average price target of $354.57.

Clean Harbors Stock Performance

CLH opened at $322.60 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.80 and a current ratio of 2.13. The company has a market cap of $17.03 billion, a PE ratio of 39.15, a price-to-earnings-growth ratio of 2.14 and a beta of 0.86. The stock has a 50-day moving average of $304.58 and a 200-day moving average of $294.40. Clean Harbors has a 52-week low of $201.34 and a 52-week high of $335.94.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.41. Clean Harbors had a return on equity of 15.65% and a net margin of 7.03%.The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the company earned $2.36 earnings per share. The business’s revenue was up 11.9% compared to the same quarter last year.

Institutional Investors Weigh In On Clean Harbors

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its holdings in Clean Harbors by 94.4% during the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 16,997 shares of the business services provider’s stock valued at $4,874,000 after purchasing an additional 8,252 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Clean Harbors in the 4th quarter worth approximately $938,000. Swedbank AB raised its holdings in shares of Clean Harbors by 7.1% in the 4th quarter. Swedbank AB now owns 150,000 shares of the business services provider’s stock worth $35,172,000 after buying an additional 10,000 shares in the last quarter. New York Life Investment Management LLC bought a new position in shares of Clean Harbors during the 4th quarter worth approximately $1,065,000. Finally, Janus Henderson Group PLC lifted its position in shares of Clean Harbors by 10.0% during the 4th quarter. Janus Henderson Group PLC now owns 2,376,088 shares of the business services provider’s stock worth $557,146,000 after buying an additional 215,659 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Buying and Selling

In related news, CEO Eric W. Gerstenberg sold 2,500 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $321.34, for a total transaction of $803,350.00. Following the completion of the sale, the chief executive officer owned 56,793 shares in the company, valued at $18,249,862.62. This represents a 4.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Andrea Robertson sold 789 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $314.01, for a total value of $247,753.89. Following the completion of the sale, the director directly owned 8,979 shares in the company, valued at $2,819,495.79. This trade represents a 8.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 4,078 shares of company stock valued at $1,276,908. Insiders own 5.00% of the company’s stock.

Key Stories Impacting Clean Harbors

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $9.51 from $8.28, aligning with the current consensus estimate. The firm also increased estimates for Q3 2026 to $3.14 from $2.57, Q1 2027 to $1.47 from $1.40, Q2 2027 to $2.83 from $2.75, Q4 2026 to $1.97 from $1.90, and FY2027 to $9.48 from $8.85. These revisions point to stronger expected profitability for Clean Harbors.
• Positive Sentiment: Zacks lifted its Q3 2027 EPS forecast to $3.10 from $2.69 and its Q1 2028 forecast to $1.15 from $1.05, extending the improved earnings outlook into future periods.
• Neutral Sentiment: The revisions follow Clean Harbors’ latest quarterly results, when the company reported $3.22 in EPS versus the $2.81 consensus estimate and revenue of $1.74 billion, up 11.9% year over year. However, the Zacks updates are analyst forecasts rather than a new company announcement, limiting their immediate impact.
• Negative Sentiment: Zacks trimmed its Q2 2028 EPS estimate slightly to $2.51 from $2.52 and projects FY2027 EPS of $9.48, modestly below the current-year consensus of $9.51. The small reductions provide a limited counterpoint to the otherwise positive revisions.

About Clean Harbors

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.