Heritage-Crystal Clean (NASDAQ:HCCI) announced its quarterly earnings results on Wednesday. The industrial products company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20), reports. Heritage-Crystal Clean had a return on equity of 6.29% and a net margin of 3.59%.
Heritage-Crystal Clean stock traded down $1.84 during trading on Thursday, reaching $26.91. 303,500 shares of the company’s stock were exchanged, compared to its average volume of 78,483. The company has a current ratio of 2.70, a quick ratio of 2.04 and a debt-to-equity ratio of 0.11. Heritage-Crystal Clean has a 52-week low of $18.00 and a 52-week high of $29.01. The stock has a market cap of $691.01 million, a price-to-earnings ratio of 39.57, a price-to-earnings-growth ratio of 1.68 and a beta of 1.46.
A number of analysts recently weighed in on HCCI shares. Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research report on Friday, January 4th. BidaskClub raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research report on Tuesday, January 22nd. ValuEngine cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Monday, February 25th. Stifel Nicolaus cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research report on Thursday, February 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $27.00 price target (up from $23.00) on shares of Heritage-Crystal Clean in a research report on Thursday, March 7th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Heritage-Crystal Clean has an average rating of “Buy” and an average price target of $27.67.
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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