Clean Harbors Stock Fair Value – Clean Harbors Quarterly Earnings Generate Investor Excitement Ahead of August 2nd Release
August 3, 2023
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Investor anticipation is growing for the upcoming quarterly earnings report of Clean Harbors ($NYSE:CLH), a leading provider of business services, which is set to be released on Wednesday, August 2nd. Clean Harbors, Inc. is a publicly traded company specializing in hazardous waste disposal and environmental services. The company has seen significant growth in the past year and investors are eager to see how their results are shaping up. Clean Harbors’ stock has been steadily increasing in the lead-up to the earnings report, generating much excitement among investors. Analysts are expecting the report to show strong growth in revenue and profits.
The company’s success can be attributed to its commitment to safety, sustainability, and innovation, and their broad range of services have enabled them to diversify their customer base. As the release of the quarterly earnings report draws closer, Clean Harbors investors are eagerly awaiting what could be a very positive financial report. With continued growth expected in the months ahead, the anticipation around Clean Harbors’ quarterly earnings report is only expected to increase.
Earnings
CLEAN HARBORS is generating excitement among investors ahead of its upcoming financial report release on August 2nd. In its most recent earning report from FY2023 Q1, ending March 31 2021, the company earned 808.15M USD in total revenue, and 21.74M USD in net income. This is a significant decrease from the previous year, of 30.9% in total revenue and 52.0% in net income.
Despite this decrease, CLEAN HARBORS’s total revenue has still grown steadily from 808.15M USD to 1307.39M USD in the last three years. Investors will be eagerly watching CLEAN HARBORS’s progress to see if the company can recover from this dip in earnings.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Clean Harbors. More…
| Total Revenues | Net Income | Net Margin |
| 5.3k | 438.83 | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Clean Harbors. More…
| Operations | Investing | Financing |
| 692.85 | -528.02 | -189.68 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Clean Harbors. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.08k | 4.1k | 36.6 |
Key Ratios Snapshot
Some of the financial key ratios for Clean Harbors are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.0% | 38.6% | 12.9% |
| FCF Margin | ROE | ROA |
| 6.3% | 21.9% | 7.0% |
Share Price
Investors are eagerly anticipating Clean Harbors’ upcoming release of their quarterly earnings, set to come out on August 2nd. Since Monday this week, the company’s stock opened at $165.6 and closed at $166.3, a 0.6% increase from last closing price of $165.2. This small, yet encouraging gain shows that investors are confident about Clean Harbors’ earnings report, and are ready to respond in anticipation of the news to come.
Investors expect the company to continue to show strong growth and development, given their past successes and achievements. With the news set to come out next week, the market expects more exciting developments from Clean Harbors in the near future. Live Quote…
Analysis – Clean Harbors Stock Fair Value
At GoodWhale, we recently conducted an analysis of CLEAN HARBORS‘s financials and concluded that the fair value of their share is around $131.5. This figure was calculated using our proprietary Valuation Line model. As of today, CLEAN HARBORS stock is traded at $166.3, making it overvalued by 26.5%. This suggests that investors may want to reconsider their investments in the company in order to avoid potential losses. We advise investors to be aware of the current market situation and keep up to date on the stock’s performance. Additionally, it is important to look at all other available information before investing in any company. More…
Peers
Clean Harbors Inc and its competitors, Republic Services Inc, Heritage-Crystal Clean Inc, and Waste Management Inc, are all companies that provide environmental and industrial services. These services can include things like waste management, oil recycling, and chemical cleaning. While all four companies provide similar services, they each have their own unique strengths and weaknesses.
– Republic Services Inc ($NYSE:RSG)
Return on equity (ROE) is a ratio that measures the profitability of a company in relation to the equity that shareholders have invested. The higher the ROE, the more profitable the company is.
Republic Services, Inc. is an industry leader in U.S. non-hazardous solid waste and recycling. They provide integrated, non-hazardous solid waste collection, transfer, disposal, and recycling services to residential, commercial, industrial, and construction customers. As of 2022, Republic Services had a market cap of 41.18B and an ROE of 14.02%.
– Heritage-Crystal Clean Inc ($NASDAQ:HCCI)
Heritage-Crystal Clean Inc is a leading provider of environmental and industrial services. The company has a market cap of 661.49M as of 2022 and a Return on Equity of 16.76%. Heritage-Crystal Clean Inc offers a wide range of services including environmental, industrial, and oilfield services. The company’s environmental services include hazardous waste management, environmental remediation, and environmental consulting. Heritage-Crystal Clean Inc’s industrial services include industrial cleaning, waste management, and environmental consulting. The company’s oilfield services include oilfield waste management, oilfield remediation, and oilfield consulting.
– Waste Management Inc ($NYSE:WM)
Waste Management Inc is an American waste management and environmental services company. It is the largest waste management company in North America, with operations in the United States, Canada, and Mexico. The company has a market cap of 64.5B as of 2022 and a Return on Equity of 28.78%. Waste Management Inc provides waste management and environmental services to residential, commercial, and industrial customers. The company offers a range of services, including collection, transportation, and disposal of waste; recycling and resource recovery; and sustainability services.
Summary
Investors are eagerly awaiting Clean Harbors‘ quarterly earnings report on August 2nd, as this data provides a key insight into the company’s financial performance. Analysts are expecting strong results from the business services provider, with many rating the stock a buy. Investors will be closely analyzing the earnings report for any changes in Clean Harbors’ revenue, profits, cash flow, margins, and expenses.
They will also be looking for any updates on the company’s strategic plans and initiatives as well as any new developments related to the company’s outlook. Ultimately, investors will want to have a clear understanding of the financial position and opportunities of Clean Harbors before deciding whether to invest in the company’s stock.
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