Insider Dumps 1,000 Shares After Industrial Stock Surges by 49% in Last Year

William Blair initiated coverage on Clean Harbors Inc (CLH) with an Outperform rating and a $379-$444 price target, citing reshoring and data center growth trends. GF Value™ estimates CLH is 22.8% overvalued at $315.70, with a GF Score™ of 87/100. Insiders sold $63.4M in shares over 12 months, while 7 gurus hold positions, with mixed activity. CLH's P/E ratio is 38.31x, above its 5-year median of 28.75x.

Clean Harbors (CLH) reported record Q2 revenue of $1.74b, up 11.9% YoY, beating expectations. Management issued EBITDA guidance above consensus, citing strong operational momentum. The company's acquisition of EnviroServe for $470m is expected to add $250m in annual revenue and $27m in adjusted EBITDA. Analysts project earnings to reach $628.7m by 2029, with a 13% upside to the current share price.

Casella Waste Systems reported fastest revenue growth and highest guidance raise, with stock up 3.4% to $93.53. Perma-Fix saw revenue decline 11.7% to $12.89M, missing estimates, stock down 3.8% to $18.70. Republic Services reported $4.43B revenue, up 4.6%, stock up 7.4% to $225.05. Waste Connections reported $2.56B revenue, up 6.4%, stock down 1.8% to $164.87.

Clean Harbors (CLH) agreed to acquire EnviroServe for $470M, expecting $25M in cost synergies over two years. EnviroServe generates $250M in annual revenue and $27M in adjusted EBITDA. The deal is financed through cash and debt, with completion expected in late 2023. Bulls highlight strategic benefits, while bears point to integration risks and increased leverage.

Clean Harbors (CLH) reported Q2 2026 earnings and revenue exceeding expectations, prompting raised full-year EBITDA and free cash flow outlooks. Shares, trading at $310.71, are down 4.8% in 1 month but up 27.6% year-to-date. Analysts' average target is 16% above current price, with one fair value estimate 33% higher. The company is investing in facility expansion and technology to drive growth, but faces regulatory and technological headwinds.

Clean Harbors (CLH) shares rose 13.3% over three months as Q2 results and 2026 guidance improved. Q2 EPS rose 36.4% to $3.22 and revenue increased 12% to $1.74B. Adjusted EBITDA rose 21.6% to $409M. Management raised 2026 adjusted EBITDA guidance midpoint to $1.38B and adjusted FCF to $550M.