Clean Harbors Stock Fair Value – Clean Harbors (CLH) Stock Prices Down 2.25% in 2023 Despite Being a Gamechanger.

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Clean Harbors ($NYSE:CLH) Inc. (CLH) has been making waves in the stock market this year, despite the fact that its stock prices have been declining by -2.25% since the beginning of 2023. Despite this decrease, CLH is still considered to be a gamechanger. The company is a leading provider of environmental and industrial services, specializing in hazardous waste disposal, environmental remediation, and much more. With its innovative and eco-friendly solutions, it has managed to revolutionize the industry, making it one of the most sought after stocks on the market. The company has also been making noteworthy strides in its operations, having achieved a notable reduction in costs over the past few years. This has enabled CLH to become one of the most profitable companies in its industry.

Its cutting-edge technologies and services have also enabled it to be ahead of its competition in terms of efficiency and reliability. Despite the stock prices of CLH being down -2.25%, it is still considered to be a gamechanger in the industry. Its technological achievements and cost-effective operations have allowed it to stay ahead of the competition in the long run. With its innovative solutions and eco-friendly practices, Clean Harbors Inc. has earned its reputation as a pioneer in the industry and is expected to continue leading the way in the future.

Price History

Despite the overall positive news sentiment surrounding Clean Harbors Inc. (CLH), the stock prices of the company seemed to take a plunge on Tuesday, declining by 2.25% from the opening price of $132.0 to its closing price of $136.4. This was a stark contrast from the 4.8% increase from the previous closing price of $130.2. Though this may seem concerning, Clean Harbors Inc. remains a gamechanger in the industry and is sure to turn this setback into an opportunity for success. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Clean Harbors. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Clean Harbors. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Clean Harbors. More…

Key Ratios Snapshot

Some of the financial key ratios for Clean Harbors are shown below. More…

Analysis – Clean Harbors Stock Fair Value

At GoodWhale, we recently conducted an analysis of the wellbeing of CLEAN HARBORS. After running our proprietary Valuation Line, we determined that the intrinsic value of the CLEAN HARBORS share is around $121.3. However, CLEAN HARBORS stock is currently being traded at $136.4 – a price that is overvalued by 12.5%. While this may seem like a slight profit, it is important to consider the market prices of other stocks and the overall volatility of the market before investing in this stock. 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

Clean Harbors Inc. (CLH) is an industry-leading game-changer in providing environmental, industrial and emergency services. Nevertheless, news sentiment surrounding the company remains mostly positive with stock prices increasing the same day. For potential investors, Clean Harbors has a long history of consistent growth and stability, making it a prime choice for long-term investments. It has consistently increased its revenue, dividends and operating cash flow.

It is also well-positioned to benefit from the growing demand for its services in the years to come. Furthermore, the company has strong management and financial team that has proven to be reliable and responsible. All things considered, Clean Harbors is an attractive investment option for those looking for sustainable and steady growth in their portfolio.