Clean Harbors (NYSE:CLH) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of Clean Harbors (NYSE:CLH) in a report published on Monday, Marketbeat reports. The firm issued a buy rating and a $360.00 price objective on the business services provider’s stock.

Several other equities analysts have also issued reports on CLH. Wells Fargo & Company boosted their price target on shares of Clean Harbors from $309.00 to $313.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Citigroup raised their price objective on Clean Harbors from $346.00 to $349.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Wall Street Zen lowered Clean Harbors from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group boosted their target price on Clean Harbors from $300.00 to $315.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Finally, Truist Financial increased their price target on Clean Harbors from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $330.21.

Clean Harbors Stock Up 7.8%

Shares of NYSE CLH opened at $327.50 on Monday. The stock has a market cap of $17.31 billion, a P/E ratio of 44.38, a P/E/G ratio of 2.19 and a beta of 0.86. The firm has a 50 day moving average price of $294.41 and a 200 day moving average price of $288.07. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors has a 52-week low of $201.34 and a 52-week high of $335.94.

Clean Harbors (NYSE:CLH) last issued its earnings results on Wednesday, July 29th. The business services provider reported $3.22 EPS for the quarter, beating the consensus estimate of $2.81 by $0.41. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.64 billion. Clean Harbors had a net margin of 6.53% and a return on equity of 14.37%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.36 earnings per share. Analysts expect that Clean Harbors will post 8.62 EPS for the current year.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 789 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $286.19, for a total transaction of $225,803.91. Following the completion of the transaction, the director owned 11,359 shares in the company, valued at approximately $3,250,832.21. This represents a 6.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.00% of the company’s stock.

Institutional Trading of Clean Harbors

A number of institutional investors have recently modified their holdings of the company. Quattro Advisors LLC bought a new position in shares of Clean Harbors during the fourth quarter worth about $26,000. Elyxium Wealth LLC acquired a new stake in Clean Harbors in the 4th quarter valued at approximately $26,000. Parkside Financial Bank & Trust lifted its stake in Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 80 shares in the last quarter. MidFirst Bank bought a new stake in Clean Harbors in the 4th quarter valued at approximately $28,000. Finally, Larson Financial Group LLC boosted its position in Clean Harbors by 676.5% during the 4th quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock worth $31,000 after acquiring an additional 115 shares during the last quarter. 90.43% of the stock is currently owned by institutional investors.

Clean Harbors News Summary

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

• Positive Sentiment: Significant earnings beat: Clean Harbors reported quarterly earnings of $3.22 per share, up from $2.36 a year earlier and above consensus estimates ranging from $2.74 to $2.81. Clean Harbors Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue also topped expectations: Quarterly revenue reached $1.74 billion, versus the $1.64 billion consensus estimate, representing 11.9% year-over-year growth. The simultaneous revenue and profit beats reinforce the company’s operating momentum. Clean Harbors Second-Quarter Earnings Report
• Positive Sentiment: Strength across operating segments: Management described the results as record second-quarter performance and said both Environmental Services and the company’s other operating segment contributed to momentum. This suggests broad-based demand rather than a gain concentrated in one business line. Clean Harbors Announces Second-Quarter 2026 Financial Results
• Neutral Sentiment: Analyst coverage added: Bank of America began coverage of Clean Harbors, potentially increasing institutional attention, although the available report does not specify its rating or price target. Bank of America Begins Coverage on Clean Harbors
• Neutral Sentiment: Recent investor commentary has also focused on the company’s board transition, but the supplied information does not identify a specific financial impact. Is Clean Harbors a Bargain Following Its Board Transition?

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.