Heritage-Crystal Clean (NASDAQ:HCCI) posted its quarterly earnings data on Wednesday. The industrial products company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.05, Bloomberg Earnings reports. The company had revenue of $115.79 million during the quarter, compared to analysts’ expectations of $113.46 million. Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.76%.
Shares of Heritage-Crystal Clean (NASDAQ:HCCI) remained flat at $$20.00 during midday trading on Thursday. The company’s stock had a trading volume of 76,000 shares, compared to its average volume of 97,175. The firm has a market capitalization of $457.60, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90. Heritage-Crystal Clean has a 12 month low of $12.85 and a 12 month 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.
Several brokerages recently issued reports on HCCI. TheStreet lowered shares of Heritage-Crystal Clean from a “b” rating to a “c+” rating in a research note on Tuesday. BidaskClub lowered shares of Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research lowered shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Heritage-Crystal Clean currently has a consensus rating of “Hold” and a consensus target price of $23.50.
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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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