Bullish Case: CLH's expected earnings growth and increased revenues in Environmental Services, with a growing global market value at 7.10% CAGR, suggest a steady uptrend.


Bearish Case: Recent insider selling and underperforming Safety-Kleen segment, coupled with flat implied volatility, signal potential stock price vulnerability.


Potential Outcomes:

1. Positive earnings beat -> 30%

2. Safety-Kleen disappointment -> 25%

3. Market aligns with Helium's volatility forecast -> 20%

4. Unforeseen regulatory impact -> 15%

5. Environmental market growth fails to meet projections -> 10%


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April 16, 2024


Clean Harbors Forecast

CLH        Clean Harbors
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











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