Despite high insider ownership at Clean Harbors, the recent insider selling, with no buying in the past year, raises caution. This could be a concerning sign despite management's incentives usually being well aligned with shareholders.
Analysts predict that despite a downgrade in earnings per share estimates, the stock's value won't be affected long term. They believe the business' future is easy to value and its intrinsic value is improving, despite underperforming forecasts.
Gryphon's Business Services Group expressed confidence that Clean Harbors will accelerate HEPACO's ongoing growth initiatives. HEPACO's CEO also looks forward to working with Clean Harbors to continue driving growth and executing on their mission-critical environmental service work.
Clean Harbors' high P/E ratio is justified by its anticipated strong future growth, exceeding the market average. Investors are ready to pay a premium for the stock, expecting this growth. A significant drop in share price seems unlikely under these conditions.
Clean Harbors might be an investment option due to its high beta value hinting at potential price variability and projected increase in earnings that isn't fully observed in the present stock price.
$Clean Harbors (CLH.US)$How....just....how?? You missed your EPS by 20%. Block orders coming in by the millions all day with an average daily volume of 600k? I don't buy it, something smells fishy here. 90% owned by institutions and 9% by insiders and apparently growing today. I wish I could just have me and my friends oversaturate a stock's float to pump up the value when I have a bad day.
Stock undervalued with unexciting earnings growth of 4.9%, according to analysis. This presents a potential investment opportunity given its intrinsic value and relative volatility.
By now, we're all well aware that stocks with lofty valuations have been under scrutiny with higher interest rates imminent. What lower valued stocks are you looking at going into the new year? Mine is Renewable Energy Group$Renewable Energy (REGI.US)$. P/E is 11. Currently near 52 wk lows. Low debt. Recent insider purchases. Increasing cash. Book value per share is $33, currently trading around $42. Biofuels including renewable diesel will have secular tailwinds as companies aim to reduce their carbon footprint. My only other value-ish holdings are$Target (TGT.US)$(P/E: 16) and$Micron Technology (MU.US)$(PE: 15). Curious what other companies people are looking at that might be less affected by a correction in valuations. $Clean Harbors (CLH.US)$$Carnival (CCL.US)$$Intel (INTC.US)$$Alibaba (BABA.US)$
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Clean Harbors Stock Discussion
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• $Clean Harbors (CLH.US)$ : Goldman Sachs Upgrades to Neutral from Sell - PT $120
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• $Xylem (XYL.US)$ ...
Mine is Renewable Energy Group $Renewable Energy (REGI.US)$ . P/E is 11. Currently near 52 wk lows. Low debt. Recent insider purchases. Increasing cash. Book value per share is $33, currently trading around $42. Biofuels including renewable diesel will have secular tailwinds as companies aim to reduce their carbon footprint.
My only other value-ish holdings are $Target (TGT.US)$ (P/E: 16) and $Micron Technology (MU.US)$ (PE: 15). Curious what other companies people are looking at that might be less affected by a correction in valuations.
$Clean Harbors (CLH.US)$ $Carnival (CCL.US)$ $Intel (INTC.US)$ $Alibaba (BABA.US)$
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