Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) has been assigned a consensus recommendation of “Buy” from the eight ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $20.60.

A number of equities analysts recently commented on the company. Zacks Investment Research upgraded Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Tuesday, July 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price target on shares of Heritage-Crystal Clean in a research note on Wednesday, July 19th. Robert W. Baird downgraded Heritage-Crystal Clean from an “outperform” rating to a “neutral” rating and lifted their price target for the stock from $17.00 to $20.00 in a research note on Thursday, July 27th. Needham & Company LLC lifted their price target on Heritage-Crystal Clean from $17.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, July 27th. Finally, Barrington Research lifted their price target on Heritage-Crystal Clean from $18.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, July 27th.

In related news, COO Gregory Ray sold 2,000 shares of Heritage-Crystal Clean stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $16.15, for a total value of $32,300.00. Following the completion of the transaction, the chief operating officer now directly owns 168,965 shares in the company, valued at $2,728,784.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ellie Bruce sold 2,252 shares of Heritage-Crystal Clean stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $17.00, for a total value of $38,284.00. Following the completion of the transaction, the vice president now owns 23,281 shares of the company’s stock, valued at $395,777. The disclosure for this sale can be found here. 14.80% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the stock. Teachers Advisors LLC boosted its stake in Heritage-Crystal Clean by 24.9% in the fourth quarter. Teachers Advisors LLC now owns 32,951 shares of the industrial products company’s stock valued at $517,000 after acquiring an additional 6,578 shares during the period. Russell Investments Group Ltd. boosted its stake in Heritage-Crystal Clean by 10.7% in the first quarter. Russell Investments Group Ltd. now owns 271,278 shares of the industrial products company’s stock valued at $3,717,000 after acquiring an additional 26,248 shares during the period. Wells Fargo & Company MN boosted its stake in Heritage-Crystal Clean by 0.8% in the first quarter. Wells Fargo & Company MN now owns 10,452 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 85 shares during the period. First Trust Advisors LP boosted its stake in Heritage-Crystal Clean by 12.9% in the first quarter. First Trust Advisors LP now owns 166,004 shares of the industrial products company’s stock valued at $2,274,000 after acquiring an additional 18,972 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in Heritage-Crystal Clean by 6.5% in the first quarter. Bank of New York Mellon Corp now owns 124,766 shares of the industrial products company’s stock valued at $1,709,000 after acquiring an additional 7,596 shares during the period. Institutional investors and hedge funds own 55.07% of the company’s stock.

Heritage-Crystal Clean (NASDAQ HCCI) opened at 20.02 on Friday. The stock’s 50 day moving average price is $19.15 and its 200 day moving average price is $16.08. Heritage-Crystal Clean has a 52-week low of $11.85 and a 52-week high of $21.05. The firm has a market capitalization of $452.85 million, a PE ratio of 26.14 and a beta of 2.09.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. The company had revenue of $86.38 million during the quarter, compared to the consensus estimate of $82.45 million. Heritage-Crystal Clean had a return on equity of 7.69% and a net margin of 4.92%. Analysts expect that Heritage-Crystal Clean will post $0.70 earnings per share for the current year.

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Heritage-Crystal Clean Company Profile

Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.

Analyst Recommendations for Heritage-Crystal Clean (NASDAQ:HCCI)

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