Media stories about Heritage-Crystal Clean (NASDAQ:HCCI) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Heritage-Crystal Clean earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.8246500935724 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several brokerages have recently commented on HCCI. BidaskClub raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, July 28th. Barrington Research raised their target price on shares of Heritage-Crystal Clean from $18.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Needham & Company LLC raised their target price on shares of Heritage-Crystal Clean from $17.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, July 27th. Finally, Robert W. Baird cut shares of Heritage-Crystal Clean from an “outperform” rating to a “neutral” rating and raised their target price for the stock from $17.00 to $20.00 in a report on Thursday, July 27th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $20.50.
Shares of Heritage-Crystal Clean (HCCI) remained flat at $18.55 on Friday. 88,186 shares of the company were exchanged. The stock has a 50-day moving average price of $16.96 and a 200 day moving average price of $15.39. Heritage-Crystal Clean has a 12 month low of $11.85 and a 12 month high of $19.45. The firm has a market cap of $419.49 million, a PE ratio of 24.22 and a beta of 2.10.
Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $0.19 EPS for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.04. The firm had revenue of $86.38 million for the quarter, compared to analyst estimates of $82.45 million. Heritage-Crystal Clean had a net margin of 4.92% and a return on equity of 7.69%. Equities analysts anticipate that Heritage-Crystal Clean will post $0.70 EPS for the current fiscal year.
In related news, Director Carmine Falcone sold 4,500 shares of the stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $15.35, for a total transaction of $69,075.00. Following the transaction, the director now owns 3,420 shares of the company’s stock, valued at approximately $52,497. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Ellie Bruce sold 2,252 shares of the stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $17.00, for a total transaction of $38,284.00. Following the transaction, the vice president now directly owns 23,281 shares in the company, valued at approximately $395,777. The disclosure for this sale can be found here. Insiders sold a total of 8,752 shares of company stock worth $139,659 in the last three months. Insiders own 14.80% of the company’s stock.
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About Heritage-Crystal Clean
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.
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