Heritage-Crystal Clean Solvent

Heritage-Crystal Clean (HCCI - Snapshot Report) is a leading industrial and hazardous waste services provider to the vehicle maintenance and manufacturing industries.

We think Heritage’s programs are attractive for small and medium-sized businesses seeking hazardous waste management and a minimal regulatory burden. Over the next few years, we expect earnings growth to come from market share gains in automotive repair, growth in customer commitment to the nonhazardous solvent recycling system, and the continued branch rollout.

We have valued Heritage-Crystal Clean using the P/E valuation metrics and forward earnings estimates. We rate shares of HCCI a Hold. Our target price is $10.50.

Read the full analyst report on HCCI