(CLH) Clean Harbors - Ratings and Ratios

Clean Harbors, Inc. is a leading provider of environmental and industrial services in North America, operating through two distinct segments: Environmental Services and Safety-Kleen Sustainability Solutions. The company offers a comprehensive range of services, including hazardous and non-hazardous waste management, industrial maintenance, and specialty industrial services, catering to a diverse customer base across various industries.

The Environmental Services segment is a critical component of Clean Harbors operations, providing a broad spectrum of services such as resource recovery, physical treatment, incineration, landfill disposal, and wastewater treatment. Additionally, this segment offers specialized services like CleanPack, which includes the collection, identification, and disposal of laboratory chemicals and household hazardous waste. The companys field services capabilities, backed by specialized equipment and resources, further enhance its service offerings.

The Safety-Kleen Sustainability Solutions segment focuses on providing containerized waste, parts-washer, and vacuum services to a wide range of customers, including automobile repair shops, metal fabricators, and manufacturers. This segment also manufactures and formulates lubricants and other products, contributing to the companys diversified revenue streams. With a strong presence in the United States and Canada, Clean Harbors has established itself as a key player in the environmental services industry.

Analyzing the companys technical data, we observe that the stock is currently trading at $224.73, slightly below its 20-day simple moving average (SMA) of $228.00. The 50-day SMA stands at $214.45, indicating a positive short-term trend. However, the 200-day SMA at $231.07 suggests that the stock is facing resistance at higher levels. The average true range (ATR) is 4.09, representing a moderate level of volatility. Considering the fundamental data, Clean Harbors boasts a market capitalization of $12.136 billion and a forward price-to-earnings ratio of 28.57, indicating a relatively stable valuation.

Based on the technical and fundamental data, our forecast suggests that Clean Harbors is likely to experience a moderate increase in stock price in the near term, driven by its stable financial performance and growth prospects in the environmental services industry. With a return on equity (RoE) of 15.47%, the company demonstrates a strong ability to generate profits. As the stock approaches its 52-week high of $263.39, we anticipate potential resistance, but the companys solid fundamentals and industry position should support its stock price. A potential target price could be around $240, representing a 6-7% increase from current levels.