Brokerages forecast that Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) will post sales of $113.46 million for the current quarter, Zacks reports. Five analysts have provided estimates for Heritage-Crystal Clean’s earnings, with the highest sales estimate coming in at $115.05 million and the lowest estimate coming in at $112.10 million. Heritage-Crystal Clean reported sales of $106.75 million in the same quarter last year, which indicates a positive year over year growth rate of 6.3%. The business is scheduled to issue its next quarterly earnings report on Wednesday, February 28th.
On average, analysts expect that Heritage-Crystal Clean will report full year sales of $113.46 million for the current year, with estimates ranging from $362.30 million to $365.22 million. For the next financial year, analysts expect that the company will post sales of $387.69 million per share, with estimates ranging from $383.94 million to $393.30 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Heritage-Crystal Clean.
A number of equities analysts recently commented on the company. Zacks Investment Research downgraded Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. BidaskClub upgraded Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $23.50.
Heritage-Crystal Clean (NASDAQ HCCI) opened at $20.00 on Thursday. The company has a market capitalization of $467.89, a PE ratio of 23.26, a P/E/G ratio of 1.31 and a beta of 1.90. Heritage-Crystal Clean has a 52 week low of $12.85 and a 52 week high of $25.20. The company has a quick ratio of 2.02, a current ratio of 2.51 and a debt-to-equity ratio of 0.13.
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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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