Brokerages Set Heritage-Crystal Clean, Inc. (HCCI) PT at $28.50

Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) has been assigned a consensus rating of “Buy” from the eight brokerages that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $28.50.

A number of equities analysts have recently weighed in on the stock. ValuEngine downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Monday, February 25th. BidaskClub raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, January 22nd. Stifel Nicolaus downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating and set a $25.00 price target on the stock. in a research note on Thursday, February 28th. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Thursday, February 21st. Finally, Needham & Company LLC reissued a “buy” rating and set a $27.00 target price (up from $23.00) on shares of Heritage-Crystal Clean in a research report on Thursday, March 7th.

Shares of NASDAQ HCCI traded up $0.44 during mid-day trading on Friday, reaching $27.71. The company had a trading volume of 81,973 shares, compared to its average volume of 76,865. Heritage-Crystal Clean has a twelve month low of $18.00 and a twelve month high of $28.70. The company has a current ratio of 2.70, a quick ratio of 2.04 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $651.33 million, a PE ratio of 40.75, a price-to-earnings-growth ratio of 1.59 and a beta of 1.47.

A number of institutional investors have recently bought and sold shares of HCCI. FMR LLC acquired a new position in Heritage-Crystal Clean during the fourth quarter worth $7,800,000. Dimensional Fund Advisors LP increased its position in Heritage-Crystal Clean by 9.5% during the third quarter. Dimensional Fund Advisors LP now owns 936,621 shares of the industrial products company’s stock worth $19,997,000 after buying an additional 81,472 shares during the last quarter. Northpointe Capital LLC acquired a new stake in shares of Heritage-Crystal Clean in the fourth quarter valued at about $1,212,000. Morgan Stanley grew its position in shares of Heritage-Crystal Clean by 69.9% in the third quarter. Morgan Stanley now owns 118,520 shares of the industrial products company’s stock valued at $2,531,000 after purchasing an additional 48,779 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Heritage-Crystal Clean in the third quarter valued at about $1,037,000. 60.06% of the stock is currently owned by hedge funds and other institutional investors.

Heritage-Crystal Clean Company Profile

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: Support Level

Analyst Recommendations for Heritage-Crystal Clean (NASDAQ:HCCI)

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.