UBS analyst Jon Windham maintains $Clean Harbors (CLH.US)$ with a hold rating, and adjusts the target price from $253 to $250.
According to TipRanks data, the analyst has a success rate of 53.5% and a total average return of 8.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Clean Harbors (CLH.US)$'s main analysts recently are as follows:
The third-quarter earnings shortfall for Clean Harbors showcased the potential downside from its more cyclical operations. Nonetheless, the prospects for the industrial and hazardous waste services sector continue to be positive. Expectations for price-driven organic growth and considerable margin improvement in the Environmental Service division remain unchanged. Moreover, the possibility of disruptions from the Safety-Kleen Sustainability Solutions segment is now diminished following a significant recalibration of expectations.
Clean Harbors experienced a modest shortfall and anticipates a fourth-quarter outcome below the consensus due to transient challenges in the SKSS and Industrial Services sectors. Nonetheless, management is implementing corrective measures to enhance performance, and the prospects for both divisions appear more favorable for the year 2025.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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