Heritage-Crystal Clean Inc. (NASDAQ:HCCI) is set to announce its earnings results after the market closes on Wednesday, October 19th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.
Heritage-Crystal Clean (NASDAQ:HCCI) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Heritage-Crystal Clean had a net margin of 0.08% and a return on equity of 2.23%. On average, analysts expect Heritage-Crystal Clean to post $0.34 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.
Shares of Heritage-Crystal Clean Inc. (NASDAQ:HCCI) opened at 12.75 on Monday. The stock’s 50 day moving average is $13.29 and its 200-day moving average is $12.07. Heritage-Crystal Clean Inc. has a 12-month low of $7.19 and a 12-month high of $14.20. The company has a market capitalization of $285.69 million, a P/E ratio of 980.77 and a beta of 1.35.
HCCI has been the subject of several research reports. Needham & Company LLC boosted their price objective on shares of Heritage-Crystal Clean from $13.00 to $15.50 and gave the company a “buy” rating in a report on Wednesday, June 22nd. Zacks Investment Research raised shares of Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a report on Tuesday, July 12th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Heritage-Crystal Clean currently has a consensus rating of “Buy” and an average price target of $14.50.
In other Heritage-Crystal Clean news, VP Tom Hillstrom sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $13.21, for a total transaction of $198,150.00. Following the completion of the sale, the vice president now directly owns 3,810 shares of the company’s stock, valued at $50,330.10. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 14.30% of the company’s stock.
Hedge funds have recently made changes to their positions in the stock. Coe Capital Management LLC purchased a new stake in shares of Heritage-Crystal Clean during the second quarter worth about $979,000. Dimensional Fund Advisors LP boosted its stake in shares of Heritage-Crystal Clean by 23.7% in the second quarter. Dimensional Fund Advisors LP now owns 229,188 shares of the company’s stock worth $2,798,000 after buying an additional 43,924 shares during the period. Spark Investment Management LLC purchased a new stake in shares of Heritage-Crystal Clean during the second quarter worth about $225,000. State Street Corp boosted its stake in shares of Heritage-Crystal Clean by 11.5% in the second quarter. State Street Corp now owns 156,723 shares of the company’s stock worth $1,913,000 after buying an additional 16,155 shares during the period. Finally, BlackRock Fund Advisors boosted its stake in shares of Heritage-Crystal Clean by 3.5% in the second quarter. BlackRock Fund Advisors now owns 333,750 shares of the company’s stock worth $4,075,000 after buying an additional 11,175 shares during the period. 49.84% of the stock is owned by institutional investors and hedge funds.
About Heritage-Crystal Clean