Heritage Crystal Clean Inc. (NASDAQ:HCCI) has received an average rating of “Buy” from the nine analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $24.17.
A number of equities analysts recently weighed in on HCCI shares. Barrington Research restated a “buy” rating and set a $26.00 target price on shares of Heritage Crystal Clean in a research report on Tuesday, May 1st. Robert W. Baird upped their target price on shares of Heritage Crystal Clean from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, March 2nd. Roth Capital restated a “buy” rating and set a $26.00 target price on shares of Heritage Crystal Clean in a research report on Thursday, March 8th. BidaskClub upgraded shares of Heritage Crystal Clean from a “sell” rating to a “hold” rating in a research report on Saturday, March 3rd. Finally, ValuEngine upgraded shares of Heritage Crystal Clean from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd.
Shares of Heritage Crystal Clean opened at $20.35 on Wednesday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.80 and a quick ratio of 2.18. Heritage Crystal Clean has a fifty-two week low of $14.35 and a fifty-two week high of $25.20. The firm has a market cap of $466.07 million, a P/E ratio of 29.93, a P/E/G ratio of 1.72 and a beta of 1.75.
Heritage Crystal Clean (NASDAQ:HCCI) last issued its earnings results on Wednesday, May 2nd. The industrial products company reported ($0.01) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.09). Heritage Crystal Clean had a return on equity of 6.12% and a net margin of 6.30%. The company had revenue of $83.15 million for the quarter, compared to the consensus estimate of $84.60 million. research analysts anticipate that Heritage Crystal Clean will post 0.73 earnings per share for the current year.
In other Heritage Crystal Clean news, VP John Lucks sold 3,748 shares of the stock in a transaction on Wednesday, May 9th. The shares were sold at an average price of $20.35, for a total transaction of $76,271.80. Following the completion of the transaction, the vice president now owns 96,005 shares in the company, valued at $1,953,701.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert W. Willmschen, Jr. sold 5,000 shares of the stock in a transaction on Monday, March 5th. The shares were sold at an average price of $23.22, for a total transaction of $116,100.00. Following the transaction, the director now owns 47,920 shares of the company’s stock, valued at approximately $1,112,702.40. The disclosure for this sale can be found here. 14.80% of the stock is owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. bought a new stake in shares of Heritage Crystal Clean in the 1st quarter worth about $117,000. Tower Research Capital LLC TRC lifted its holdings in shares of Heritage Crystal Clean by 281.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,972 shares of the industrial products company’s stock worth $108,000 after acquiring an additional 3,668 shares during the last quarter. US Bancorp DE bought a new stake in shares of Heritage Crystal Clean in the 1st quarter worth about $125,000. Ramsey Quantitative Systems bought a new stake in shares of Heritage Crystal Clean in the 4th quarter worth about $142,000. Finally, Citigroup Inc. lifted its holdings in shares of Heritage Crystal Clean by 88.1% in the 1st quarter. Citigroup Inc. now owns 6,797 shares of the industrial products company’s stock worth $160,000 after acquiring an additional 3,184 shares during the last quarter. Hedge funds and other institutional investors own 61.49% of the company’s stock.
Heritage Crystal Clean Company Profile
Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.
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