Clean Harbors, Inc. (CLH) - Stock Analysis
Last updated: Mar 14, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Stronger-than-expected Q4 results, an accretive $130M Depot Connect acquisition announced 2026-02-19, and solid cash generation have driven a short-term breakout (~8% over a month, above the 21-day SMA); upcoming investor commentary (e.g., 3/3 conference) can reinforce the move for further near-term gains.
Loading chart data...
AI Analyst Overview
Loading chart data...
Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Strong cash generation ⢠High financial leverage ⢠Elevated valuation CLH generates strong cash and respectable ROE but is constrained by high leverage, sizable intangibles, and elevated valuation multiples.
Price Behavior
Key Price Behavior Insights: ⢠Modest uptrend ⢠Momentum intact ⢠Resistance stall risk Support Level: $284â$286, deeper at $269.08 Resistance Level: $297.15 CLH sits modestly above its last month SMA (~$285.7) with RSI ~61, suggesting constructive momentum toward the $297 resistance but failure to clear $297 could trigger mean reversion toward the $284â$286 band or $269.08 support.
Sentiment & News
Key News Insights: ⢠Earnings beat ⢠Strategic acquisition ⢠Rising capex Clean Harbors topped Q4 and FY25 estimates, closed a ~$130M industrial acquisition and raised investor engagement, driving a 52-week high amid analyst upgrades but offset by rising capex and mixed investor positioning.
AI Summary
Clean Harbors has shifted from a defensive waste hauler to a capitalâintensive specialist whose valuation now hinges on management executing large capex/M&A (notably the SDA build and Depot Connect integration) to convert record FCF into scalable EBITDA. Monitor SDA project milestones, PFAS multiâyear contract conversion, and net debt/EBITDA trendsâmisses or capex overruns would amplify refinancing and valuation downside.
Description
Clean Harbors, Inc. is a North American provider of environmental and industrial services organized into Environmental Services and Safety-Kleen Sustainability Solutions segments. The Environmental Services business handles the collection, transport, treatment and disposal of hazardous and non-hazardous wastes and delivers industrial maintenance, field services and laboratory chemical management. The Safety-Kleen unit supplies parts-washing and cleaning products, manages containerized waste pickup, vacuum and used-oil services, and produces and distributes lubricants and contract-blended fluids; the company was incorporated in 1980 and is based in Norwell, Massachusetts.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Feb 19 | Feb 26 | CLH | Clean Harbors, Inc. | Stronger-than-expected Q4 results, an accretive $130M Depot Connect acquisition announced 2026-02-19, and solid cash generation have driven a short-term breakout (~8% over a month, above the 21-day SMA); upcoming investor commentary (e.g., 3/3 conference) can reinforce the move for further near-term gains. | Closed | +4.0% |