Charah Solutions (NYSE:CHRA) issued its earnings results on Tuesday. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04, MarketWatch Earnings reports. Charah Solutions updated its FY 2018 guidance to EPS.

CHRA stock opened at $7.64 on Wednesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.71 and a quick ratio of 1.44. Charah Solutions has a 52-week low of $5.27 and a 52-week high of $12.00.

Hedge funds have recently added to or reduced their stakes in the business. Hilltop Holdings Inc. acquired a new position in Charah Solutions during the 2nd quarter valued at about $520,000. Dean Capital Investments Management LLC acquired a new position in Charah Solutions during the 2nd quarter valued at about $547,000. Laurion Capital Management LP acquired a new position in Charah Solutions during the 2nd quarter valued at about $1,720,000. FMR LLC acquired a new position in Charah Solutions during the 2nd quarter valued at about $7,658,000. Finally, American Century Companies Inc. acquired a new position in Charah Solutions during the 2nd quarter valued at about $16,341,000. Institutional investors and hedge funds own 25.68% of the company’s stock.

CHRA has been the subject of a number of research analyst reports. Morgan Stanley decreased their target price on Charah Solutions from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, August 15th. Bank of America raised Charah Solutions from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 3rd. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded Charah Solutions from a “hold” rating to a “buy” rating and set a $8.75 price target for the company in a research note on Tuesday, October 16th. Five analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of $12.06.

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Charah Solutions Company Profile

Charah Solutions, Inc provides environmental and maintenance services to the power generation industry. It is involved in the development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management activities, including clean closure, cap-in-place, and design and construction of new ponds.

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