Wall Street analysts expect Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) to post sales of $113.46 million for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Heritage-Crystal Clean’s earnings. The highest sales estimate is $115.05 million and the lowest is $112.10 million. Heritage-Crystal Clean posted sales of $106.75 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.3%. The firm is expected to announce its next earnings report on Wednesday, March 7th.

On average, analysts expect that Heritage-Crystal Clean will report full-year sales of $113.46 million for the current fiscal year, with estimates ranging from $362.30 million to $365.22 million. For the next financial year, analysts expect that the company will post sales of $387.69 million per share, with estimates ranging from $383.94 million to $393.30 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Heritage-Crystal Clean.

A number of brokerages have recently weighed in on HCCI. Zacks Investment Research lowered shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. BidaskClub upgraded shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Stifel Nicolaus restated a “buy” rating and issued a $23.00 price objective on shares of Heritage-Crystal Clean in a report on Thursday, October 19th. Finally, Roth Capital set a $24.00 price objective on shares of Heritage-Crystal Clean and gave the company a “buy” rating in a report on Friday, October 20th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $23.50.

Shares of Heritage-Crystal Clean (HCCI) traded down $0.45 on Friday, hitting $22.10. 94,548 shares of the stock were exchanged, compared to its average volume of 122,202. Heritage-Crystal Clean has a fifty-two week low of $12.85 and a fifty-two week high of $25.20. The firm has a market cap of $520.52, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 1.67 and a beta of 1.96. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.51 and a quick ratio of 2.02.

Institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio acquired a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at $132,000. First Quadrant L P CA grew its position in shares of Heritage-Crystal Clean by 436.5% in the 4th quarter. First Quadrant L P CA now owns 7,940 shares of the industrial products company’s stock valued at $173,000 after buying an additional 6,460 shares during the last quarter. Nationwide Fund Advisors grew its position 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 buying an additional 770 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of Heritage-Crystal Clean in the 3rd quarter valued at $225,000. Finally, CMH Wealth Management LLC purchased a new position in shares of Heritage-Crystal Clean in the 4th quarter valued at $228,000. Institutional investors and hedge funds own 58.16% of the company’s stock.

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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.

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