Stericycle (NASDAQ:SRCL) Receives Daily Coverage Optimism Score of 0.34
Media stories about Stericycle (NASDAQ:SRCL) have trended positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Stericycle earned a media sentiment score of 0.34 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 58 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- BRIEF-Stericycle Q2 adjusted earnings per share $1.15 (feeds.reuters.com)
- Comparing Stericycle (NASDAQ:SRCL) & Covanta Holding Corporation (CVA) (americanbankingnews.com)
- Looking at the Numbers for Stericycle Inc (SRCL) – Financial News Review (finnewsreview.com)
- Stericycle (SRCL) to Report Q2 Earnings: What Lies Ahead? – Nasdaq (nasdaq.com)
Several analysts have recently weighed in on the stock. Jefferies Group LLC set a $108.00 price target on shares of Stericycle and gave the company a “buy” rating in a research note on Saturday, May 6th. BMO Capital Markets assumed coverage on shares of Stericycle in a research report on Thursday, June 29th. They set a “market perform” rating and a $81.00 price objective for the company. BidaskClub raised shares of Stericycle from a “strong sell” rating to a “sell” rating in a research report on Monday, July 24th. Barclays PLC assumed coverage on shares of Stericycle in a research report on Thursday, April 13th. They set an “overweight” rating and a $100.00 price objective for the company. Finally, Zacks Investment Research raised shares of Stericycle from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a research report on Tuesday, April 25th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. Stericycle currently has a consensus rating of “Hold” and an average price target of $81.15.
Shares of Stericycle (NASDAQ:SRCL) traded up 8.87% during midday trading on Thursday, hitting $82.76. 2,752,977 shares of the stock were exchanged. The firm has a market cap of $7.06 billion, a P/E ratio of 43.10 and a beta of 0.13. Stericycle has a 12-month low of $71.52 and a 12-month high of $90.45. The firm has a 50 day moving average of $76.84 and a 200 day moving average of $80.67.
Stericycle (NASDAQ:SRCL) last announced its quarterly earnings data on Thursday, May 4th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.04. The business had revenue of $892.40 million for the quarter, compared to the consensus estimate of $874.34 million. Stericycle had a net margin of 5.23% and a return on equity of 14.40%. Stericycle’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company posted $1.11 earnings per share. Equities analysts forecast that Stericycle will post $4.62 EPS for the current fiscal year.
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Stericycle, Inc is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Company’s segments include Domestic and Canada Regulated Waste and Compliance Services (RCS), Domestic Communication and Related Services (CRS), International RCS and All other.
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