A number of firms have modified their ratings and price targets on shares of Stericycle (NASDAQ: SRCL) recently:

  • 11/27/2019 – Stericycle is now covered by analysts at Royal Bank of Canada. They set an “outperform” rating and a $75.00 price target on the stock.
  • 11/27/2019 – Stericycle is now covered by analysts at Jefferies Financial Group Inc. They set a “hold” rating and a $68.00 price target on the stock.
  • 11/21/2019 – Stericycle is now covered by analysts at Royal Bank of Canada. They set an “outperform” rating and a $75.00 price target on the stock.
  • 11/21/2019 – Stericycle is now covered by analysts at Jefferies Financial Group Inc. They set a “hold” rating and a $68.00 price target on the stock.
  • 10/31/2019 – Stericycle was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating.
  • 10/19/2019 – Stericycle was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

NASDAQ SRCL opened at $62.28 on Tuesday. Stericycle Inc has a one year low of $34.36 and a one year high of $64.89. The stock has a 50-day moving average of $58.76 and a 200 day moving average of $49.77. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $5.72 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 2.99 and a beta of 1.27.

Stericycle (NASDAQ:SRCL) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.12. The firm had revenue of $833.10 million for the quarter, compared to the consensus estimate of $842.21 million. Stericycle had a negative net margin of 13.26% and a positive return on equity of 10.52%. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 EPS. On average, equities analysts predict that Stericycle Inc will post 2.63 earnings per share for the current fiscal year.

In other Stericycle news, EVP Daniel Ginnetti sold 6,000 shares of the stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $55.47, for a total value of $332,820.00. Following the transaction, the executive vice president now owns 15,943 shares of the company’s stock, valued at $884,358.21. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. First Bank & Trust bought a new stake in shares of Stericycle during the 2nd quarter valued at $28,000. Quadrant Capital Group LLC boosted its position in shares of Stericycle by 78.9% in the third quarter. Quadrant Capital Group LLC now owns 959 shares of the business services provider’s stock worth $46,000 after purchasing an additional 423 shares during the period. Griffin Asset Management Inc. bought a new position in shares of Stericycle in the second quarter worth approximately $62,000. North Star Investment Management Corp. purchased a new stake in shares of Stericycle in the third quarter worth $83,000. Finally, First Mercantile Trust Co. raised its position in shares of Stericycle by 441.2% during the 2nd quarter. First Mercantile Trust Co. now owns 2,273 shares of the business services provider’s stock valued at $109,000 after purchasing an additional 1,853 shares during the period.

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 operates through three segments: Domestic and Canada Regulated Waste and Compliance; International Regulated Waste and Compliance; and Domestic Communication and Related Services.

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