Heritage-Crystal Clean (NASDAQ:HCCI) had its price target boosted by Barrington Research from $30.00 to $31.00 in a research report sent to investors on Friday morning, The Fly reports. The firm currently has an outperform rating on the industrial products company’s stock.
A number of other analysts have also recently commented on the company. BidaskClub raised Xilinx from a hold rating to a buy rating in a research note on Wednesday, July 24th. ValuEngine raised Vale from a sell rating to a hold rating in a research note on Tuesday, July 16th. Finally, Zacks Investment Research cut Phoenix New Media from a hold rating to a sell rating in a research note on Tuesday, July 23rd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $28.60.
Heritage-Crystal Clean stock opened at $28.04 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.39 and a debt-to-equity ratio of 0.29. Heritage-Crystal Clean has a 1 year low of $19.01 and a 1 year high of $29.01. The firm has a market cap of $664.40 million, a P/E ratio of 41.24, a PEG ratio of 1.80 and a beta of 1.43. The company’s 50-day simple moving average is $26.54.
Heritage-Crystal Clean (NASDAQ:HCCI) last released its earnings results on Wednesday, July 24th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Heritage-Crystal Clean had a net margin of 3.13% and a return on equity of 6.83%. The company had revenue of $105.00 million for the quarter, compared to the consensus estimate of $107.75 million. On average, research analysts expect that Heritage-Crystal Clean will post 1.06 earnings per share for the current fiscal year.
Several hedge funds have recently made changes to their positions in HCCI. Legal & General Group Plc increased its stake in shares of Heritage-Crystal Clean by 22.7% in the 4th quarter. Legal & General Group Plc now owns 2,744 shares of the industrial products company’s stock valued at $63,000 after acquiring an additional 507 shares during the last quarter. Great West Life Assurance Co. Can bought a new stake in shares of Heritage-Crystal Clean in the 4th quarter valued at about $73,000. BNP Paribas Arbitrage SA increased its stake in shares of Heritage-Crystal Clean by 476.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,100 shares of the industrial products company’s stock valued at $85,000 after acquiring an additional 2,562 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its stake in shares of Heritage-Crystal Clean by 421.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,093 shares of the industrial products company’s stock valued at $117,000 after acquiring an additional 4,117 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its stake in shares of Heritage-Crystal Clean by 861.5% in the 1st quarter. Meeder Asset Management Inc. now owns 5,125 shares of the industrial products company’s stock valued at $140,000 after acquiring an additional 4,592 shares during the last quarter. 64.44% of the stock is owned by institutional investors.
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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