Stock To Watch: Clean Harbors, Inc. (NYSE:CLH)


The leading market experts have placed a mean price target of $56.00 on Clean Harbors, Inc. (NYSE:CLH) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.25 a share for the upcoming quarter and $0.51 for the current fiscal.

Technical View

The technical analysis of Clean Harbors, Inc. Common Stoc plainly substantiates that the 50-day moving average of Clean Harbors, Inc. Common Stoc is $50.30, and stock is trading $-2.66 points away or -5.28% from its 50-day moving average of $50.30. Further it is trading $-1.56 or -3.18% away its 200-day moving average of $49.20. Clean Harbors, Inc. (NYSE:CLH) 52-week high is $54.54 and the 52-week low is $37.09.

This explains if the stock moves $-6.90, it will post a 52-week high. In event of +28.44% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Clean Harbors, Inc. Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Clean Harbors, Inc. (NYSE:CLH) ratio came in at 115.07.

The stock last ended the trading session at $47.64 and registered a market cap of $2.74B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Clean Harbors, Inc. (NYSE:CLH) PEG ratio is at 46.64.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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