Recent Investment Analysts’ Ratings Updates for Heritage-Crystal Clean (HCCI)

Several analysts have recently updated their ratings and price targets for Heritage-Crystal Clean (NASDAQ: HCCI):

• 8/2/2017 – Heritage-Crystal Clean was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
• 7/28/2017 – Heritage-Crystal Clean was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $21.00 price target on the stock. According to Zacks, “HERITAGE-CRYSTAL CLEAN, LLC, headquartered in Elgin, Illinois, is a privately-held marketing and sales Company that concentrates on servicing the automotive repair, commercial and industrial marketplaces, primarily in the Midwest and Eastern States. “
• 7/27/2017 – Heritage-Crystal Clean had its price target raised by analysts at Needham & Company LLC from $17.00 to $23.00. They now have a “buy” rating on the stock.
• 7/27/2017 – Heritage-Crystal Clean had its price target raised by analysts at Barrington Research from $18.00 to $22.00. They now have an “outperform” rating on the stock.
• 7/27/2017 – Heritage-Crystal Clean was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $20.00 price target on the stock, up previously from $17.00.
• 7/19/2017 – Heritage-Crystal Clean had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $20.00 price target on the stock.
• 7/11/2017 – Heritage-Crystal Clean was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “HERITAGE-CRYSTAL CLEAN, LLC, headquartered in Elgin, Illinois, is a privately-held marketing and sales Company that concentrates on servicing the automotive repair, commercial and industrial marketplaces, primarily in the Midwest and Eastern States. “
• 7/4/2017 – Heritage-Crystal Clean was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “HERITAGE-CRYSTAL CLEAN, LLC, headquartered in Elgin, Illinois, is a privately-held marketing and sales Company that concentrates on servicing the automotive repair, commercial and industrial marketplaces, primarily in the Midwest and Eastern States. “

Shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) opened at 18.85 on Wednesday. Heritage-Crystal Clean, Inc. has a 12 month low of $11.85 and a 12 month high of $19.45. The company has a 50 day moving average price of $16.43 and a 200-day moving average price of $15.24. The stock has a market cap of $426.27 million, a P/E ratio of 24.61 and a beta of 2.10.

Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. Heritage-Crystal Clean had a net margin of 4.92% and a return on equity of 7.69%. The business had revenue of $86.38 million during the quarter, compared to the consensus estimate of $82.45 million. On average, equities research analysts predict that Heritage-Crystal Clean, Inc. will post $0.70 earnings per share for the current year.

In related news, VP Ellie Bruce sold 2,252 shares of the stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $17.00, for a total value of $38,284.00. Following the sale, the vice president now directly owns 23,281 shares of the company’s stock, valued at approximately $395,777. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Carmine Falcone sold 4,500 shares of the stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $15.35, for a total transaction of $69,075.00. Following the completion of the sale, the director now directly owns 3,420 shares in the company, valued at $52,497. The disclosure for this sale can be found here. Insiders have sold a total of 8,752 shares of company stock worth $139,659 over the last 90 days. Corporate insiders own 14.80% of the company’s stock.

Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.