Stericycle Inc (NASDAQ:SRCL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $45.31 and last traded at $45.29, with a volume of 1169915 shares. The stock had previously closed at $47.05.

SRCL has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Stericycle from a “hold” rating to a “sell” rating in a report on Tuesday, October 9th. Bank of America initiated coverage on shares of Stericycle in a report on Monday, October 22nd. They set an “underperform” rating and a $53.00 price objective for the company. BidaskClub lowered shares of Stericycle from a “strong-buy” rating to a “buy” rating in a report on Friday, September 14th. Robert W. Baird cut their price objective on shares of Stericycle from $70.00 to $56.00 and set a “neutral” rating for the company in a report on Friday, November 2nd. Finally, BMO Capital Markets cut their price objective on shares of Stericycle from $71.00 to $63.00 and set a “market perform” rating for the company in a report on Monday, August 6th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $64.38.

The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.93. The firm has a market cap of $4.32 billion, a PE ratio of 10.44, a P/E/G ratio of 1.24 and a beta of 0.52.

Stericycle (NASDAQ:SRCL) last announced its quarterly earnings data on Thursday, November 1st. The business services provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. Stericycle had a net margin of 4.63% and a return on equity of 13.74%. The business had revenue of $854.90 million during the quarter, compared to analyst estimates of $856.36 million. During the same period last year, the firm posted $1.10 EPS. The company’s revenue was down 3.2% on a year-over-year basis. Analysts predict that Stericycle Inc will post 4.38 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Whittier Trust Co. boosted its position in shares of Stericycle by 362.6% during the 2nd quarter. Whittier Trust Co. now owns 1,087 shares of the business services provider’s stock valued at $129,000 after acquiring an additional 852 shares during the last quarter. Zions Bancorporation bought a new position in shares of Stericycle during the 3rd quarter valued at approximately $130,000. Dupont Capital Management Corp boosted its position in shares of Stericycle by 102.2% during the 2nd quarter. Dupont Capital Management Corp now owns 2,089 shares of the business services provider’s stock valued at $136,000 after acquiring an additional 1,056 shares during the last quarter. Pflug Koory LLC boosted its position in shares of Stericycle by 106.6% during the 3rd quarter. Pflug Koory LLC now owns 2,810 shares of the business services provider’s stock valued at $165,000 after acquiring an additional 1,450 shares during the last quarter. Finally, NumerixS Investment Technologies Inc boosted its position in shares of Stericycle by 285.0% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 2,695 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 1,995 shares during the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

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Stericycle Company Profile (NASDAQ:SRCL)

Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. It collects and processes regulated and specialized waste for disposal services; and collects personal and confidential information for secure destruction, as well as offers training, consulting, recall/return, communication, and compliance services.

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