Professional
Added to YB: 2024-07-19
Pitch date: 2024-07-13
CLH [bullish]
Clean Harbors, Inc.
+23.47%
current return
Author Info
Merion Road Capital is a fund in Miami focused on value-oriented investing through rigorous fundamental analysis of a company's operations. Follow on Twitter/X.
Company Info
Clean Harbors, Inc. provides environmental and industrial services in the United States and Canada. It operates through two segments: Environmental Services and Safety-Kleen Sustainability Solutions.
Market Cap
$14.4B
Pitch Price
$227.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.85
P/E
36.96
EV/Sales
N/A
Sector
Commercial Services and Supplies
Category
N/A
Merion Road Capital New Position: Clean Harbors, Inc.
CLH: Recent addition proved timely. Gains offset by contracting multiples in industrial/cyclical names due to rate cut delays & soft landing concerns. Less exposed to rate pressures; non-residential & municipal customers. Benefits from mega projects tailwind. Multiples expected to recover when rates become accommodative.
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