CLH Stock Summary and Trading Ideas (Clean Harbors | NYSE:CLH)

Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.

Clean Harbors trades on the NYSE stock market under the symbol CLH.

As of April 19, 2024, CLH stock price climbed to $193.71 with 321,095 million shares trading.

CLH has a beta of 0.72, meaning it tends to be less sensitive to market movements. CLH has a correlation of 0.18 to the broad based SPY ETF.

CLH has a market cap of $10.45 billion. This is considered a Large Cap stock.

Last quarter Clean Harbors reported $1 billion in Revenue and $1.82 earnings per share. This fell short of revenue expectation by $-22 million and exceeded earnings estimates by $.13.

In the last 3 years, CLH stock traded as high as $204.06 and as low as $81.56.

The top ETF exchange traded funds that CLH belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.

CLH has outperformed the market in the last year with a price return of +34.3% while the SPY ETF gained +21.2%. CLH has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.1% and -2.5%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

CLH support price is $188.22 and resistance is $193.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLH stock will trade within this expected range on the day.