Clean Harbors Stock Filter Stocks by Fundamentals
| CLH Stock | USD 195.45 1.74 0.90% |
Clean Harbors fundamentals help investors to digest information that contributes to Clean Harbors' financial success or failures. It also enables traders to predict the movement of Clean Stock. The fundamental analysis module provides a way to measure Clean Harbors' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clean Harbors stock.
Clean | Shares Owned by Institutions |
Clean Harbors Institutional Holders
Institutional Holdings refers to the ownership stake in Clean Harbors that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clean Harbors' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clean Harbors' value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 780.3 K | Clearbridge Advisors, Llc | 2023-12-31 | 740.6 K | Artemis Investment Management Llp | 2023-12-31 | 730.3 K | Pictet Asset Manangement Sa | 2023-12-31 | 721.2 K | Vontobel Holding Ltd. | 2023-12-31 | 612 K | Jackson Square Partners, Llc | 2023-12-31 | 569.8 K | Impax Asset Management Group Plc | 2023-12-31 | 562.4 K | Zurich Insurance Group Ag | 2023-12-31 | 516.3 K | Norges Bank | 2023-12-31 | 499 K | Vanguard Group Inc | 2023-12-31 | 4.8 M | Blackrock Inc | 2023-12-31 | 4.4 M |
Clean Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0612 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 12.61 B | ||||
| Shares Outstanding | 54.64 M | ||||
| Shares Owned By Insiders | 5.86 % | ||||
| Shares Owned By Institutions | 93.40 % | ||||
| Number Of Shares Shorted | 561.77 K | ||||
| Price To Earning | 47.71 X | ||||
| Price To Book | 4.78 X | ||||
| Price To Sales | 1.99 X | ||||
| Revenue | 5.41 B | ||||
| Gross Profit | 1.62 B | ||||
| EBITDA | 992.45 M | ||||
| Net Income | 377.86 M | ||||
| Cash And Equivalents | 492.6 M | ||||
| Cash Per Share | 7.68 X | ||||
| Total Debt | 2.49 B | ||||
| Debt To Equity | 1.61 % | ||||
| Current Ratio | 1.94 X | ||||
| Book Value Per Share | 41.67 X | ||||
| Cash Flow From Operations | 734.55 M | ||||
| Short Ratio | 1.83 X | ||||
| Earnings Per Share | 6.96 X | ||||
| Price To Earnings To Growth | 188.43 X | ||||
| Target Price | 213.88 | ||||
| Number Of Employees | 21.02 K | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 10.68 B | ||||
| Total Asset | 6.38 B | ||||
| Retained Earnings | 1.96 B | ||||
| Working Capital | 1.01 B | ||||
| Current Asset | 1.05 B | ||||
| Current Liabilities | 539.1 M | ||||
| Net Asset | 6.38 B |
About Clean Harbors Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clean Harbors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clean Harbors using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clean Harbors based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Clean Harbors Investors Sentiment
The influence of Clean Harbors' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Clean. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Clean Harbors' public news can be used to forecast risks associated with an investment in Clean. The trend in average sentiment can be used to explain how an investor holding Clean can time the market purely based on public headlines and social activities around Clean Harbors. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Clean Harbors' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Clean Harbors' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Clean Harbors' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Clean Harbors.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clean Harbors in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clean Harbors' short interest history, or implied volatility extrapolated from Clean Harbors options trading.
Pair Trading with Clean Harbors
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clean Harbors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clean Harbors will appreciate offsetting losses from the drop in the long position's value.Moving together with Clean Stock
| 0.86 | BV | BrightView Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.7 | ABM | ABM Industries rporated Financial Report 4th of June 2024 | PairCorr |
| 0.86 | CBZ | CBIZ Inc Earnings Call This Week | PairCorr |
| 0.7 | RTO | Rentokil Initial PLC | PairCorr |
Moving against Clean Stock
| 0.79 | AZ | A2Z Smart Technologies | PairCorr |
| 0.79 | BA | Boeing Earnings Call Tomorrow | PairCorr |
| 0.57 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
| 0.57 | AP | Ampco Pittsburgh | PairCorr |
| 0.45 | BW | Babcock Wilcox Enter Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Clean Harbors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Harbors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clean Harbors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clean Harbors to buy it.
The correlation of Clean Harbors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clean Harbors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clean Harbors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clean Harbors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Clean Harbors Piotroski F Score and Clean Harbors Altman Z Score analysis. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Clean Stock analysis
When running Clean Harbors' price analysis, check to measure Clean Harbors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clean Harbors is operating at the current time. Most of Clean Harbors' value examination focuses on studying past and present price action to predict the probability of Clean Harbors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Harbors' price. Additionally, you may evaluate how the addition of Clean Harbors to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stocks Directory Find actively traded stocks across global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Clean Harbors' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clean Harbors. If investors know Clean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clean Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.194 | Earnings Share 6.96 | Revenue Per Share 100.038 | Quarterly Revenue Growth 0.047 | Return On Assets 0.0612 |
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.