Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) had its target price raised by Robert W. Baird from $20.00 to $22.00 in a research note released on Friday. Robert W. Baird currently has a neutral rating on the industrial products company’s stock.

A number of other brokerages also recently issued reports on HCCI. Stifel Nicolaus reiterated a buy rating and set a $23.00 price objective on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a buy rating to a hold rating in a research note on Wednesday, September 27th. BidaskClub upgraded shares of Heritage-Crystal Clean from a hold rating to a buy rating in a research note on Wednesday, August 2nd. Needham & Company LLC increased their price objective on shares of 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 increased their price objective on shares of Heritage-Crystal Clean from $18.00 to $22.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $22.50.

Heritage-Crystal Clean (HCCI) opened at 18.85 on Friday. The company’s 50-day moving average is $20.88 and its 200 day moving average is $17.53. The company has a market capitalization of $426.27 million, a P/E ratio of 24.61 and a beta of 2.08. Heritage-Crystal Clean has a one year low of $11.85 and a one year high of $22.21.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its quarterly earnings data on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $83.33 million for the quarter, compared to analyst estimates of $85.32 million. Heritage-Crystal Clean had a return on equity of 6.76% and a net margin of 5.56%. Analysts predict that Heritage-Crystal Clean will post $0.63 EPS for the current year.

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In other news, VP Ellie Bruce sold 2,252 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $17.00, for a total value of $38,284.00. Following the sale, the vice president now directly owns 23,281 shares in the company, valued at approximately $395,777. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 14.80% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wells Fargo & Company MN boosted its stake in shares of Heritage-Crystal Clean by 0.8% in the 1st quarter. Wells Fargo & Company MN now owns 10,452 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 85 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Heritage-Crystal Clean by 0.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 53,099 shares of the industrial products company’s stock valued at $845,000 after purchasing an additional 399 shares in the last quarter. American International Group Inc. boosted its stake in shares of Heritage-Crystal Clean by 7.0% in the 1st quarter. American International Group Inc. now owns 7,852 shares of the industrial products company’s stock valued at $108,000 after purchasing an additional 513 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of Heritage-Crystal Clean by 10.0% in the 2nd quarter. Nationwide Fund Advisors now owns 8,497 shares of the industrial products company’s stock valued at $135,000 after purchasing an additional 770 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of Heritage-Crystal Clean by 5.0% in the 2nd quarter. Teachers Advisors LLC now owns 23,336 shares of the industrial products company’s stock valued at $371,000 after purchasing an additional 1,106 shares in the last quarter. Institutional investors own 55.59% of the company’s stock.

About Heritage-Crystal Clean

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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