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In a recent transaction reported to the Securities and Exchange Commission, Alison A. Quirk, a director at Clean Harbors Inc . (NYSE:CLH), sold 893 shares of the company’s common stock. The shares were sold at a price of $223.69 each, totaling approximately $199,755. The transaction comes as Clean Harbors, with a market capitalization of $12 billion, trades near its 52-week high of $267.11. InvestingPro analysis indicates the stock is trading at a premium to its Fair Value. Following this transaction, Quirk’s direct ownership in the company stands at 2,978 shares. This sale was executed on June 5, 2025, according to the filing. The company maintains strong financial health with a current ratio of 2.37 and has demonstrated solid performance with a 8.5% revenue growth over the last twelve months. For deeper insights into Clean Harbors’ financial health and valuation metrics, including additional InvestingPro Tips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Clean Harbors Inc. reported its first-quarter 2025 earnings, revealing a mixed financial performance. The company exceeded earnings per share (EPS) expectations with a result of $1.09, slightly above the forecast of $1.07. However, revenue fell short of projections, reaching $1.43 billion compared to the expected $1.45 billion. This revenue miss has raised concerns among investors, despite the company’s solid cash position of nearly $600 million. Additionally, Clean Harbors held its 2025 Annual Meeting of Shareholders, where five Class III members were elected to the Board of Directors, and Deloitte & Touche LLP was ratified as the independent auditor for the fiscal year ending December 31, 2025.
BMO Capital Markets recently adjusted its price target for Clean Harbors, increasing it from $260.00 to $264.00 while maintaining an Outperform rating. The analyst from BMO cited strong demand, pricing power, and growth opportunities as factors supporting this positive outlook. Furthermore, Clean Harbors is expected to benefit from cleanup efforts related to per- and polyfluoroalkyl substances (PFAS) and the expansion of industrial capacity in the United States. These developments are part of a broader strategy to enhance the company’s market standing and financial position.
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