
Clean Harbors (CLH) Stock Forecast & Price Target
Clean Harbors (CLH) Analyst Ratings
Bulls say
Clean Harbors Inc. exhibited a notable revenue increase in its Environmental Services segment, rising 3% year-over-year to $1.331 billion, while adjusted EBITDA is projected to grow by 5% for the full year, underscoring the company’s operational resilience. The Technical Services segment also demonstrated robust performance with a 12% year-over-year revenue increase, driven by heightened incineration utilization and a substantial 40% growth in landfill volumes. Additionally, the company reported an adjusted free cash flow of $230.6 million for the quarter, a significant improvement from $133.2 million in the previous quarter and $144.5 million a year ago, highlighting its strong cash generation capabilities.
Bears say
Clean Harbors Inc. has faced a significant 6% year-over-year decline in Safety-Kleen Sustainability Solutions (SKSS) revenues, driven by weakened pricing for base oil and blended products, despite a slight increase in charge-for-oil. The Environmental Services segment also reported a modest revenue decrease, notably impacted by a 4% decline in Industrial Services and an 11% drop in Field and Emergency Response Services due to fewer emergency incidents, contributing to a slight EBITDA margin miss against expectations. Given these challenges, along with broader economic concerns and company-specific risks such as regulatory pressures and intense regional competition, there are fundamental reasons for a negative outlook on Clean Harbors's stock performance.
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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