Brokerages predict that Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) will report $133.54 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Heritage-Crystal Clean’s earnings, with estimates ranging from $131.54 million to $135.20 million. Heritage-Crystal Clean posted sales of $127.06 million in the same quarter last year, which suggests a positive year over year growth rate of 5.1%. The business is scheduled to report its next earnings results on Tuesday, March 3rd.
According to Zacks, analysts expect that Heritage-Crystal Clean will report full-year sales of $439.75 million for the current fiscal year, with estimates ranging from $438.22 million to $440.80 million. For the next fiscal year, analysts expect that the business will report sales of $471.92 million, with estimates ranging from $469.66 million to $474.60 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Heritage-Crystal Clean.
Heritage-Crystal Clean (NASDAQ:HCCI) last announced its quarterly earnings data on Wednesday, October 16th. The industrial products company reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.04). Heritage-Crystal Clean had a net margin of 3.01% and a return on equity of 6.86%. The business had revenue of $104.84 million during the quarter, compared to the consensus estimate of $104.06 million.
Hedge funds have recently modified their holdings of the business. Bank of Montreal Can acquired a new stake in Heritage-Crystal Clean during the second quarter worth $33,000. Aperio Group LLC purchased a new stake in shares of Heritage-Crystal Clean in the 2nd quarter valued at about $43,000. JPMorgan Chase & Co. lifted its holdings in shares of Heritage-Crystal Clean by 14.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,126 shares of the industrial products company’s stock valued at $108,000 after purchasing an additional 512 shares during the last quarter. Strs Ohio lifted its holdings in shares of Heritage-Crystal Clean by 7.5% in the 2nd quarter. Strs Ohio now owns 7,200 shares of the industrial products company’s stock valued at $189,000 after purchasing an additional 500 shares during the last quarter. Finally, Paloma Partners Management Co purchased a new stake in shares of Heritage-Crystal Clean in the 2nd quarter valued at about $232,000. Institutional investors and hedge funds own 63.79% of the company’s stock.
Shares of HCCI stock traded down $0.03 during mid-day trading on Friday, hitting $30.52. The stock had a trading volume of 39,019 shares, compared to its average volume of 59,425. Heritage-Crystal Clean has a 12-month low of $20.47 and a 12-month high of $31.59. The firm has a market capitalization of $717.15 million, a P/E ratio of 44.88, a price-to-earnings-growth ratio of 2.16 and a beta of 1.50. The firm’s 50-day moving average is $28.06 and its two-hundred day moving average is $26.59. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.98 and a quick ratio of 1.61.
Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.
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