A near-perfect financial health score and solid momentum point to a sound underlying business, but the stock has reached its analyst consensus target, forward multiples are stretched relative to growth, and a 2.6-to-1 put/call ratio suggests the options market is positioned for near-term downside.
Thesis pillars
- Valuation Stretched Relative To Growth→Stable
- Strong Financial Health Score→Stable
- Stock At Analyst Consensus Ceiling↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Clean Harbors, Inc. (CLH) Stock Analysis
Breakout setup · Catalyst-Driven edge
Industrials · Waste Management
Hold if already holding. Not a fresh buy at $319.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.8% away).
Clean Harbors provides environmental and industrial services across North America through two segments: Environmental Services (hazardous waste collection, treatment, and disposal) and Safety-Kleen Sustainability Solutions (used oil collection and re-refining). Revenue is... Read more
Hold if already holding. Not a fresh buy at $319.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.8% away). Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.0/10, moderate confidence.
Passes 5/8 gates (positive momentum, clean insider activity, news boost analyst 0.70, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Clean Harbors, Inc.
About Clean Harbors, Inc.
Clean Harbors operates ten commercial hazardous waste incinerators — including the newest facility in Kimball, Nebraska, which commenced operations in late 2024 — along with seven landfills and a fleet of more than 20,000 vehicles across North America. In 2025, the company collected 243 million gallons of used oil through its Safety-Kleen Sustainability Solutions segment. The Environmental Services and SKSS segments together serve customers spanning general manufacturing (14% of 2025 revenues), chemical (14%), refineries (12%), automotive (10%), and utilities (7%).
Clean Harbors earns fees for collecting, transporting, treating, and disposing of hazardous and non-hazardous waste — services sticky enough that customers must audit disposal facilities and limit their approved vendor lists due to liability exposure under U.S. and Canadian environmental law, creating meaningful vendor-switching barriers. The Environmental Services segment results are driven by waste volumes, industrial project demand, and unplanned emergency response events including chemical spills and natural disasters; the company maintains more than 150 emergency response locations. The Safety-Kleen Sustainability Solutions segment collects used oil, re-refines it into base oil and vacuum gas oil (VGO) at the company's re-refineries, and sells back into the lubricants market; SKSS segment results are significantly impacted by market pricing of oil products. The company actively manages used-oil collection pricing as a strategy to manage re-refinery spreads. Portions of the business connected to automotive services — including parts washer and vacuum services through Safety-Kleen branches — are exposed to automotive industry miles-driven and maintenance trends. The company has executed over 80 acquisitions throughout its history.
Show full overview
Clean Harbors recorded closure, post-closure, and remedial liabilities valued at $230.7 million at December 31, 2025, substantially all assumed through prior acquisitions. The company was also involved in 76 product liability proceedings related to Safety-Kleen parts washer services as of December 31, 2025, with claimants alleging personal injury from solvents containing benzene. Changes in environmental regulations — particularly those addressing PFAS, which Clean Harbors has responded to with its Total PFAS Solutions service — may increase compliance costs but could also generate new disposal and remediation revenue, presenting both risk and opportunity as this regulatory landscape evolves.
See also: Industrials · Waste Management
From Clean Harbors, Inc.'s most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated 2026-10-16Recent Developments — Clean Harbors, Inc.
Latest news
- NEWS Clean Harbors Rallies as Earnings Event, Growth Outlook, and Recent Bullish Coverage Support Shares - Quiver Quantitativ — Quiver Quantitative positive
- NEWS Clean Harbors (CLH) Beats Q2 Earnings and Revenue Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS Clean Harbors (CLH) Beats Q2 Earnings and Revenue Estimates - finance.yahoo.com — finance.yahoo.com positive
- NEWS Clean Harbors (CLH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates - Yahoo Finance — Yahoo Finance neutral
- NEWS Clean Harbors (CLH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates - finance.yahoo.com — finance.yahoo.com positive
Generated 2026-10-16T11:32:27Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-05-20Item 5.02MEDIUMAlan S. McKim, Executive Chairman and CTO, notified the Board on May 19, 2026 of his intention to retire, effective upon appointment of a new independent Chairman anticipated in summer 2026 as part of a planned leadership transition. No disagreement with operations, policies or practices cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
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Price Targets
Position Sizing
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Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $319.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.8% away). Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $324.78 (+1.6%), stop $308.56 (−3.6%), A.R:R 0.3:1. Score 6.0/10, moderate confidence.
Take-profit target: $324.78 (+1.6% upside). Target $324.78 (+1.6%), stop $308.56 (−3.6%), A.R:R 0.3:1. Stop-loss: $308.56.
Analyst target reached - limited upside remaining; Near 52-week high (4.8% away); Sector modifier (Industrials): -0.7.
Clean Harbors, Inc. trades at a P/E of 38.7 (forward 31.9). TrendMatrix value score: 4.2/10. Verdict: Hold.
21 analysts cover CLH with a consensus score of 4.0/5. Average price target: $361.
What does Clean Harbors, Inc. do?Clean Harbors provides environmental and industrial services across North America through two segments: Environmental...
Clean Harbors provides environmental and industrial services across North America through two segments: Environmental Services (hazardous waste collection, treatment, and disposal) and Safety-Kleen Sustainability Solutions (used oil collection and re-refining). Revenue is diversified across general manufacturing (14%), chemical (14%), refineries (12%), and automotive (10%) of 2025 revenues, generated through over 100 disposal facilities and 243 million gallons of collected used oil in 2025.