Home Sectors Industrials Stock to Track: Clean Harbors (NYSE: CLH)

Stock to Track: Clean Harbors (NYSE: CLH)

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Clean Harbors is part of the industrials sector and trades as part of the waste management industry. The company CEO is Alan S. McKim. Clean Harbors Inc along with its subsidiaries, provides environmental, energy and industrial services.

Previous Intraday Trading Performance:

The CLH stock showed a previous change of 0.85% with an open at 57.75 and a close of 58.19. It reached an intraday high of 58.76 and a low of 57.75.

Business Wire:  Clean Harbors to Present at the 21st Annual Needham Growth Conference

Liquidity:

The stock has a market cap of $3.3b with 56.0m shares outstanding, of which the float is 50.9m shares. Trading volume reached 651,761 shares compared to its average volume of 522,335 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Clean Harbors shares returned -2.25% and in the past 30 trading days it returned 20.63%. Over three months, it changed -11.65%. In one year it has changed 16.87% and within that year its 52-week high was 72.50 and its 52-week low was 44.75. CLH stock is 30.05% above its 52 Week Low.

Our calculations show a 200 day moving average of 59.51 and a 50 day moving average of 56.18. Currently CLH stock is trading -2.22% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  Clean Harbors to Present at the 21st Annual Needham Growth Conference

Earnings:

The last annual fiscal EPS for the company was reported at 1.76 that ended on 31st of December 2017, which according to the previous close, that is a PE of 33.06. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.15. The TTM EPS is 1.02, which comes to a TTM PE of 57.05.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.59
06-30-2018:  0.54
03-31-2018:  -0.12
12-31-2017:  0.01

Base on our calculations, the intrinsic value per share is 59.61, which means it is possibly undervalued and has a margin of safety of 2.39%

Indicators to Watch:

Based on the latest filings, there is 9.10% of insider ownership and 135.80% of institutional ownership. Short-interest is 1,546,037, which is 2.76% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.44. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.50

SeekingAlpha:  ClearBridge Mid Cap Strategy Portfolio Manager Commentary Q4 2018

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.47%, return on assets is 3.55%, profit margin is 2.01%, price-to-sales is 1.32 and price-to-book is 2.70.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 1  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.