BidaskClub cut shares of Heritage-Crystal Clean (NASDAQ:HCCI) from a hold rating to a sell rating in a report issued on Wednesday, BidAskClub reports.

A number of other research firms have also commented on HCCI. Zacks Investment Research raised shares of Heritage-Crystal Clean from a hold rating to a strong-buy rating and set a $32.00 price objective for the company in a research note on Wednesday, July 31st. ValuEngine raised shares of Heritage-Crystal Clean from a hold rating to a buy rating in a research note on Tuesday, July 16th. Finally, Barrington Research raised their price objective on shares of Heritage-Crystal Clean from $30.00 to $31.00 and gave the stock an outperform rating in a research note on Friday, July 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $29.80.

Heritage-Crystal Clean stock opened at $26.34 on Wednesday. The company has a 50 day moving average price of $26.89 and a 200 day moving average price of $26.41. Heritage-Crystal Clean has a 52 week low of $19.01 and a 52 week high of $29.01. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.45 and a current ratio of 1.82. The firm has a market capitalization of $609.24 million, a price-to-earnings ratio of 38.74, a P/E/G ratio of 1.54 and a beta of 1.39.

Heritage-Crystal Clean (NASDAQ:HCCI) last posted its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Heritage-Crystal Clean had a net margin of 3.13% and a return on equity of 6.78%. The firm had revenue of $105.00 million during the quarter, compared to analyst estimates of $107.75 million. Equities analysts forecast that Heritage-Crystal Clean will post 1.09 earnings per share for the current fiscal year.

In other Heritage-Crystal Clean news, Director Robert W. Willmschen, Jr. sold 4,296 shares of Heritage-Crystal Clean stock in a transaction on Monday, August 5th. The shares were sold at an average price of $27.25, for a total transaction of $117,066.00. Following the completion of the sale, the director now owns 47,689 shares of the company’s stock, valued at approximately $1,299,525.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Ellie Bruce sold 2,000 shares of Heritage-Crystal Clean stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $25.05, for a total transaction of $50,100.00. Following the sale, the vice president now directly owns 78,478 shares of the company’s stock, valued at approximately $1,965,873.90. The disclosure for this sale can be found here. Insiders sold a total of 8,796 shares of company stock valued at $232,716 in the last ninety days. Company insiders own 8.40% of the company’s stock.

Several large investors have recently modified their holdings of HCCI. Bank of Montreal Can acquired a new stake in shares of Heritage-Crystal Clean during the 2nd quarter valued at $33,000. Aperio Group LLC acquired a new stake in shares of Heritage-Crystal Clean during the 2nd quarter valued at $43,000. Legal & General Group Plc boosted its stake in shares of Heritage-Crystal Clean by 22.7% during the 4th quarter. Legal & General Group Plc now owns 2,744 shares of the industrial products company’s stock valued at $63,000 after buying an additional 507 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of Heritage-Crystal Clean by 476.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,100 shares of the industrial products company’s stock valued at $85,000 after buying an additional 2,562 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Heritage-Crystal Clean by 14.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,126 shares of the industrial products company’s stock valued at $108,000 after buying an additional 512 shares during the period. 64.03% of the stock is owned by institutional investors.

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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