Wall Street analysts expect Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) to post $0.18 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Heritage-Crystal Clean’s earnings, with the lowest EPS estimate coming in at $0.17 and the highest estimate coming in at $0.18. Heritage-Crystal Clean reported earnings per share of $0.26 during the same quarter last year, which suggests a negative year over year growth rate of 30.8%. The firm is scheduled to report its next earnings report on Wednesday, February 27th.

According to Zacks, analysts expect that Heritage-Crystal Clean will report full-year earnings of $0.72 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.72. For the next financial year, analysts anticipate that the business will post earnings of $1.20 per share, with EPS estimates ranging from $1.15 to $1.25. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Heritage-Crystal Clean.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Wednesday, October 17th. The industrial products company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Heritage-Crystal Clean had a net margin of 6.00% and a return on equity of 7.76%. The firm had revenue of $99.67 million for the quarter, compared to the consensus estimate of $96.20 million.

HCCI has been the subject of several analyst reports. Zacks Investment Research cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th. BidaskClub upgraded shares of Heritage-Crystal Clean from a “strong sell” rating to a “sell” rating in a report on Thursday, October 11th. Barrington Research restated a “buy” rating and issued a $26.00 target price on shares of Heritage-Crystal Clean in a report on Monday, October 22nd. ValuEngine downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Monday, September 17th. Finally, Robert W. Baird upped their price target on shares of Heritage-Crystal Clean from $27.00 to $34.00 and gave the company an “outperform” rating in a research report on Friday, October 19th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $28.00.

Shares of HCCI opened at $25.01 on Friday. Heritage-Crystal Clean has a fifty-two week low of $18.00 and a fifty-two week high of $28.70. The company has a market cap of $573.26 million, a P/E ratio of 36.78, a price-to-earnings-growth ratio of 1.38 and a beta of 1.61. The company has a current ratio of 2.79, a quick ratio of 2.17 and a debt-to-equity ratio of 0.12.

In other Heritage-Crystal Clean news, VP Ellie Bruce sold 4,000 shares of the company’s stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $26.51, for a total transaction of $106,040.00. Following the completion of the transaction, the vice president now owns 80,500 shares in the company, valued at approximately $2,134,055. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carmine Falcone sold 1,900 shares of the company’s stock in a transaction on Monday, December 10th. The stock was sold at an average price of $25.54, for a total transaction of $48,526.00. Following the transaction, the director now owns 2,720 shares of the company’s stock, valued at approximately $69,468.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,000 shares of company stock valued at $183,166. 8.60% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC purchased a new position in Heritage-Crystal Clean during the 3rd quarter worth $242,000. Marshall Wace LLP purchased a new position in Heritage-Crystal Clean during the 3rd quarter worth $1,037,000. GSA Capital Partners LLP raised its position in Heritage-Crystal Clean by 108.7% during the 3rd quarter. GSA Capital Partners LLP now owns 74,083 shares of the industrial products company’s stock worth $1,582,000 after buying an additional 38,580 shares during the last quarter. IndexIQ Advisors LLC increased its holdings in shares of Heritage-Crystal Clean by 3.9% in the 3rd quarter. IndexIQ Advisors LLC now owns 96,528 shares of the industrial products company’s stock valued at $2,061,000 after purchasing an additional 3,647 shares in the last quarter. Finally, Cadence Capital Management LLC increased its holdings in shares of Heritage-Crystal Clean by 20.1% in the 3rd quarter. Cadence Capital Management LLC now owns 94,864 shares of the industrial products company’s stock valued at $2,025,000 after purchasing an additional 15,870 shares in the last quarter. Institutional investors own 61.99% of the company’s stock.

About Heritage-Crystal Clean

Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.

Further Reading: What is a Tariff?

Get a free copy of the Zacks research report on Heritage-Crystal Clean (HCCI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.