
Clean Harbors (CLH) Stock Forecast & Price Target
Clean Harbors (CLH) Analyst Ratings
Bulls say
Clean Harbors Inc. reported a year-over-year revenue increase of 7% to $1.43 billion, successfully meeting consensus expectations and driven by strong performance in the Environmental Services segment. The company achieved an 11% increase in EBITDA, totaling $311 million, which surpassed consensus estimates, indicating robust operational performance and efficiency. Additionally, the projected free cash flow range of $430 million to $490 million, significantly up from the previous year's $358 million, further underscores Clean Harbors' financial strength and growth potential, particularly supported by its strategic investments in expanding services to the semiconductor industry.
Bears say
Clean Harbors, Inc. exhibits concerning financial trends, including a contraction in its EBITDA margin from 19.7% to 18.0% quarter-over-quarter, with a year-over-year decline of 100 basis points. The company's Environmental Services segment has faced challenges, particularly within the Safety-Kleen Sustainability Solutions (SKSS) division, where revenues dropped by 5% year-over-year to $205.3 million, attributed to lower pricing and weak demand for key products. Furthermore, a significant year-over-year decline of 47% in EBITDA to $24.6 million not only fell short of market expectations but also signals ongoing difficulties in achieving robust performance amidst soft market conditions.
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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