Clean Harbors Inc. (CLH): Today's Key Contributor To Industry Gains

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Clean Harbors ( CLH) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.5%. By the end of trading, Clean Harbors rose $1.84 (3.2%) to $59.32 on average volume. Throughout the day, 803,164 shares of Clean Harbors exchanged hands as compared to its average daily volume of 740,400 shares. The stock ranged in a price between $57.70-$59.57 after having opened the day at $57.70 as compared to the previous trading day's close of $57.48. Other companies within the Materials & Construction industry that increased today were: Integrated Electrical Services ( IESC), up 5.6%, Goldfield ( GV), up 5%, Perma-Fix Environmental Services ( PESI), up 4.8%, and Ecology and Environment ( EEI), up 3.2%.
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Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.49 billion and is part of the industrial goods sector. The company has a P/E ratio of 24, above the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Clean Harbors a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, PGT ( PGTI), down 13.9%, USG ( USG), down 8.5%, Sharps Compliance Corporation ( SMED), down 5.2%, and China Advanced Construction Materials Group ( CADC), down 4.3%, were all laggards within the materials & construction industry with Lennar Corporation ( LEN) being today's materials & construction industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

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