Latest news with #CLH
Yahoo
2 days ago
- Business
- Yahoo
1 Industrials Stock with Competitive Advantages and 2 to Ignore
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn - over the past six months, the industry has pulled back by 9.4%. This drop was worse than the S&P 500's 2.4% decline. The elite companies can churn out earnings growth under any circumstance, however, and our mission at StockStory is to help you find them. Keeping that in mind, here is one industrials stock boasting a durable advantage and two that may face trouble. Market Cap: $12.04 billion Established in 1980, Clean Harbors (NYSE:CLH) provides environmental and industrial services like hazardous and non-hazardous waste disposal and emergency spill cleanups. Why Are We Hesitant About CLH? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Earnings per share have contracted by 2.5% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 5.3 percentage points Clean Harbors is trading at $224.73 per share, or 28.3x forward P/E. Read our free research report to see why you should think twice about including CLH in your portfolio, it's free. Market Cap: $939.8 million Powering forklifts for Walmart's distribution centers, Plug Power (NASDAQ:PLUG) provides hydrogen fuel cells used to power electric motors. Why Is PLUG Risky? Annual sales declines of 8.7% for the past two years show its products and services struggled to connect with the market during this cycle Free cash flow margin dropped by 531.2 percentage points over the last five years, implying the company became more capital intensive as competition picked up Short cash runway increases the probability of a capital raise that dilutes existing shareholders Plug Power's stock price of $0.88 implies a valuation ratio of 1x forward price-to-sales. Dive into our free research report to see why there are better opportunities than PLUG. Market Cap: $16.92 billion Formed from a merger of 12 companies, Curtiss-Wright (NYSE:CW) provides a range of products and services to the aerospace, industrial, electronic, and maritime industries. Why Is CW on Our Radar? Market share has increased this cycle as its 10.6% annual revenue growth over the last two years was exceptional Operating profits and efficiency rose over the last five years as it benefited from some fixed cost leverage Share buybacks catapulted its annual earnings per share growth to 18.2%, which outperformed its revenue gains over the last two years At $448.96 per share, Curtiss-Wright trades at 35.8x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free.
Yahoo
14-05-2025
- Business
- Yahoo
CLH Q1 Earnings Call: Clean Harbors Delivers In-Line Revenue and Margin Pressures Amid Segment Shifts
Environmental and industrial services company Clean Harbors (NYSE:CLH) met Wall Street's revenue expectations in Q1 CY2025, with sales up 4% year on year to $1.43 billion. Its non-GAAP profit of $1.09 per share was 3.3% above analysts' consensus estimates. Is now the time to buy CLH? Find out in our full research report (it's free). Revenue: $1.43 billion vs analyst estimates of $1.44 billion (4% year-on-year growth, in line) Adjusted EPS: $1.09 vs analyst estimates of $1.05 (3.3% beat) Adjusted EBITDA: $234.9 million vs analyst estimates of $232.6 million (16.4% margin, 1% beat) EBITDA guidance for the full year is $1.18 billion at the midpoint, in line with analyst expectations Operating Margin: 7.8%, down from 9.1% in the same quarter last year Free Cash Flow was -$115.7 million compared to -$118.4 million in the same quarter last year Organic Revenue rose 2.6% year on year, in line with the same quarter last year Market Capitalization: $12.26 billion Clean Harbors' first quarter results reflected stable demand in its core Environmental Services segment and deliberate pricing strategies in its Safety-Kleen Sustainability Solutions business. Management attributed performance to strong incineration utilization and pricing, ongoing contributions from recent acquisitions, and outperformance in used oil collection, despite weather-related disruptions and continued headwinds in industrial services. Co-CEO Eric Gerstenberg stated, 'Our ES segment began the year with an encouraging first quarter that included a strong contribution in March after a period of unfavorable weather in January.' Looking ahead, Clean Harbors maintained its full-year adjusted EBITDA guidance, emphasizing steady demand in disposal services, continued ramp-up of the Kimball incinerator, and an expanding pipeline in PFAS remediation. Management remains cautious on industrial services but cited reshoring trends, regulatory momentum, and proactive cost controls as factors supporting the outlook. CFO Eric Dugas reiterated, 'We continue to expect demand environment and our pricing initiatives to support our anticipated profitable growth this year.' Management's remarks during the earnings call centered on segment-level drivers, pricing actions, and operational investments that shaped quarterly results. The company addressed weather-related headwinds, segment performance divergence, and updates on capacity expansion and regulatory dynamics. Incineration Utilization and Pricing: Clean Harbors achieved an 88% incineration utilization rate, excluding the new Kimball facility, and implemented mid-single-digit price increases. Management credited this to robust demand, capacity investments, and the successful ramp-up of the Kimball incinerator, which processed 5,000 tons in its first quarter of operation. Safety-Kleen Pricing Shift: In Safety-Kleen Sustainability Solutions (SKSS), the company doubled its average charge for used oil collection since year-end by shifting to a charge-for-oil (CFO) model. This offset continued weakness in base oil prices and helped maintain volumes despite challenging market conditions. PFAS Pipeline Momentum: Management highlighted a growing pipeline for PFAS (per- and polyfluoroalkyl substances) remediation, supported by recent EPA policy updates and ongoing regulatory developments. The company expects its incineration study results, relevant to PFAS disposal, to be published in the coming quarter. Industrial Services Weakness: Revenue in industrial services declined 10% year over year, attributed to refinery customers deferring maintenance and spending. Management noted that while some weather effects were temporary, broader refinery cost pressures persisted. Acquisition and Network Expansion: The HEPACO acquisition and the opening of new field service branches contributed to growth in field services, with 32% growth in this area. The company is also developing new processing hubs, such as the recently acquired Phoenix site, to further expand capacity. Clean Harbors' outlook for the remainder of the year is driven by expected growth in disposal and recycling services, continued ramp-up of new capacity, and evolving regulatory and market trends, with management balancing optimism about secular growth drivers against caution in more cyclical segments. Kimball Incinerator Ramp-Up: The Kimball facility is expected to process over 28,000 tons this year, contributing to higher network utilization and enabling growth in technical services and PFAS disposal. Regulatory Tailwinds and PFAS: Anticipated EPA and Department of Defense guidance on PFAS destruction is expected to boost demand for Clean Harbors' hazardous waste solutions, particularly as environmental standards tighten. Industrial Services Recovery Uncertainty: Management remains cautious on the timing of an industrial services rebound, with recovery hinging on refinery maintenance cycles and broader economic conditions. The segment is expected to lag the rest of the business in the near term. Tyler Brown (Raymond James): Asked about the extent of weather-related volume loss and whether it could be recovered in future quarters; management said some revenue is likely lost forever, though March and April showed improvement. Noah Kaye (Oppenheimer): Inquired about the PFAS remediation pipeline and the impact of new EPA guidance; management expects continued double-digit growth in PFAS-related revenue and views regulatory momentum as a long-term opportunity. James Schumm (TD Cowen): Pressed on base oil pricing weakness and SKSS inventory management; management explained aggressive pricing actions in used oil collection are offsetting lower base oil prices, and inventory costs are lower entering Q2. Larry Solow (CJS Securities): Questioned the resilience of Clean Harbors' business in a potential economic slowdown; management described most segments as 'recession resistant' due to the essential nature of environmental services. Adam Bubes (Goldman Sachs): Asked about organic growth cadence in Environmental Services and the impact of new field service branches; management expects organic growth to accelerate as weather normalizes and new capacity comes online. In the coming quarters, the StockStory team will be monitoring (1) the scaling of the Kimball incinerator and whether it meets or exceeds planned throughput targets, (2) regulatory and customer activity around PFAS remediation following anticipated publication of Clean Harbors' incineration study, and (3) signs of stabilization or recovery in industrial services as refinery maintenance cycles evolve. Expansion of new processing hubs and field services branches will also be tracked as potential drivers of incremental growth. Clean Harbors currently trades at a forward P/E ratio of 28.8×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
Clean Harbors: Q1 Earnings Snapshot
NORWELL, Mass. (AP) — NORWELL, Mass. (AP) — Clean Harbors Inc. (CLH) on Wednesday reported first-quarter net income of $58.7 million. On a per-share basis, the Norwell, Massachusetts-based company said it had net income of $1.09. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share. The environmental services company posted revenue of $1.43 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.42 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CLH at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-03-2025
- Business
- Yahoo
Is Now The Time To Look At Buying Clean Harbors, Inc. (NYSE:CLH)?
Clean Harbors, Inc. (NYSE:CLH) saw significant share price movement during recent months on the NYSE, rising to highs of US$256 and falling to the lows of US$197. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Clean Harbors' current trading price of US$197 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Clean Harbors's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. See our latest analysis for Clean Harbors Good news, investors! Clean Harbors is still a bargain right now. According to our valuation, the intrinsic value for the stock is $298.86, but it is currently trading at US$197 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, Clean Harbors's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 44% over the next couple of years, the future seems bright for Clean Harbors. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since CLH is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on CLH for a while, now might be the time to make a leap. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy CLH. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. If you'd like to know more about Clean Harbors as a business, it's important to be aware of any risks it's facing. While conducting our analysis, we found that Clean Harbors has 2 warning signs and it would be unwise to ignore these. If you are no longer interested in Clean Harbors, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
