Stock Price & Analysis

Sell CLH as it is trading below its 200-day moving average with negative technical indicators and mixed analyst sentiment. The stock may continue to decline due to weak market trends and insider selling activity.

The price target for Clean Harbors (CLH) stock in 2025 is $203.25, driven by potential recovery from oversold conditions and approaching Fibonacci resistance levels. The stock's technical indicators, such as the RSI_6 at 11.89, suggest a possible bounce, while the Fibonacci pivot at 203.25 may act as a key resistance level. Analyst sentiment is mixed, with some maintaining a Buy rating, but the stock's recent volatility and negative market sentiment could impact its performance.

The S1 support level for CLH Stock is $188.39 ,The R1 resistant level for CLH Stock is $210.79.

As of the end of day on 2025-03-17, the price of CLH Stock was $192.35.

The target price for CLH Stock according to analyst rating is 271.56, with the highest price target at 300.00 and the lowest at 240.00. Analysts have a Strong Buy rating on CLH Stock overall.

The market cap of CLH is $10.4B.

Analysis and Insights

Clean Harbors Inc. (CLH) appears to be overvalued based on several key metrics and recent performance trends.

Valuation Analysis:

CLH currently has a PE ratio of 31.01, which is significantly higher than the industry average, indicating that the stock may be overpriced relative to its earnings. Additionally, the EV/EBITDA ratio of 13.39 suggests a premium valuation compared to peers in the environmental services sector.

Financial Performance:

While CLH has shown revenue growth of $1.43 billion in 2024, its net income of $83.97 million reflects margin compression due to rising operational costs. The company's gross margin of 22.52% and net margin of 5.87% are under pressure, which could impact future profitability.

Analyst Sentiment:

Analysts have mixed opinions on CLH, with several firms lowering their price targets. Despite this, the majority maintain a Buy or Strong Buy rating, citing long-term growth potential in environmental services and sustainability solutions.

Technical Analysis:

CLH's stock price has recently dropped by 4.53%, reflecting broader market concerns about valuation and growth prospects. The stock is currently trading at $188.14, below its 50-day moving average, indicating bearish momentum.

Conclusion:

Given the elevated valuation metrics, inconsistent revenue growth, and recent price decline, CLH appears overvalued at current levels. Investors should exercise caution and consider waiting for a correction or clearer signs of growth before investing.

Clean Harbors, Inc. is a provider of sustainable environmental and industrial services throughout North America. The Company provides parts cleaning and related environmental services to general manufacturing, automotive and commercial customers in North America and re-refiner and recycler of used oil in North America. The Company’s Environmental Services segment collects, transports, treats and disposes hazardous and non-hazardous waste, including resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemical disposal, explosives management and CleanPack services. It also offers emergency response services. Its Safety-Kleen Sustainability Solutions (SKSS) segment offers recycled base and blended oil products and other automotive and industrial lubricants to end users including distributors and manufacturers of oil products and industrial plants. It collects used oil which serves as feedstock for its eight oil re-refineries.

Based on current trends and analyst expectations, Clean Harbors (CLH) stock could reach $300 by 2030. This prediction is supported by the company's strong position in environmental services and sustainability solutions, which are expected to grow significantly. Analysts have set price targets ranging from $254 to $285, indicating confidence in CLH's long-term potential.

CLH has a total of 21021 employees.