Heritage-Crystal Clean (NASDAQ:HCCI) Sets New 1-Year High at $29.06

Heritage-Crystal Clean, Inc. (NASDAQ:HCCI)’s share price hit a new 52-week high on Friday . The stock traded as high as $29.06 and last traded at $29.06, with a volume of 1544 shares trading hands. The stock had previously closed at $28.14.

Several analysts have recently weighed in on HCCI shares. BidaskClub upgraded Xilinx from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research lowered Phoenix New Media from a “hold” rating to a “sell” rating in a report on Tuesday. Barrington Research upped their price objective on Lions Gate Entertainment to $18.00 and gave the company an “outperform” rating in a report on Wednesday, May 29th. Finally, ValuEngine upgraded Vale from a “sell” rating to a “hold” rating in a report on Tuesday, July 16th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $28.33.

The company has a market capitalization of $659.31 million, a price-to-earnings ratio of 42.25, a PEG ratio of 1.79 and a beta of 1.43. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.39. The firm’s fifty day simple moving average is $26.43.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Wednesday, July 24th. The industrial products company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. Heritage-Crystal Clean had a return on equity of 6.83% and a net margin of 3.13%. The business had revenue of $105.00 million during the quarter, compared to the consensus estimate of $107.75 million. On average, research analysts predict that Heritage-Crystal Clean, Inc. will post 1.06 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in HCCI. Strs Ohio increased its stake in shares of Heritage-Crystal Clean by 7.5% in the 2nd quarter. Strs Ohio now owns 7,200 shares of the industrial products company’s stock valued at $189,000 after buying an additional 500 shares during the period. Windsor Group LTD increased its stake in shares of Heritage-Crystal Clean by 1.3% in the 2nd quarter. Windsor Group LTD now owns 110,290 shares of the industrial products company’s stock valued at $2,897,000 after buying an additional 1,458 shares during the period. First Trust Advisors LP acquired a new stake in shares of Heritage-Crystal Clean in the 1st quarter valued at $783,000. FMR LLC increased its stake in shares of Heritage-Crystal Clean by 131.6% in the 1st quarter. FMR LLC now owns 785,000 shares of the industrial products company’s stock valued at $21,548,000 after buying an additional 446,000 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Heritage-Crystal Clean in the 1st quarter valued at $455,000. 64.45% of the stock is owned by institutional investors and hedge funds.

About Heritage-Crystal Clean (NASDAQ:HCCI)

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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