
Clean Harbors (CLH) Stock Forecast & Price Target
Clean Harbors (CLH) Analyst Ratings
Bulls say
Clean Harbors is currently experiencing strong growth and expects continued success in the future due to their expansion efforts and strong financial performance. Despite a decline in certain segments, the company has a positive outlook and is well-positioned for growth in both the Environmental Services and Safety-Kleen Sustainability Solutions segments. Additionally, with a focus on sustainability and steady long-term growth, Clean Harbors has a resilient business model that is attractive to investors.
Bears say
Clean Harbors is facing headwinds in its Environmental Services segment due to lower volumes and incineration utilization, as well as increased costs from deferred tax assets and goodwill impairment. While the company raised its outlook for the year and showed strong earnings growth in the first quarter, it struggled to excite investors and its stock price remains stagnant. While the company may benefit from a strong U.S. economy and higher base oil prices in its Safety-Kleen Sustainability Solutions segment, there are potential risks and uncertainties, such as PFAS remediation, which could impact its performance in the coming years.
This aggregate rating is based on analysts' research of Clean Harbors and is not a guaranteed prediction by Public.com or investment advice.
Clean Harbors (CLH) Analyst Forecast & Price Prediction
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