Stericycle, Inc. (NASDAQ:SRCL) is set to announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $1.14 per share for the quarter.
Stericycle (NASDAQ:SRCL) last announced its quarterly earnings results on Thursday, August 3rd. The business services provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.02. Stericycle had a positive return on equity of 14.35% and a negative net margin of 0.07%. The business had revenue of $917.70 million during the quarter, compared to the consensus estimate of $902.81 million. During the same quarter last year, the firm posted $1.18 EPS. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts expect Stericycle to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of Stericycle, Inc. (SRCL) traded down $0.95 during trading on Monday, reaching $66.37. The company’s stock had a trading volume of 43,035 shares, compared to its average volume of 650,027. The firm has a market cap of $5,745.00, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 1.80 and a beta of 0.19. Stericycle, Inc. has a fifty-two week low of $66.68 and a fifty-two week high of $88.00. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.00.
In related news, Director Mark C. Miller sold 19,753 shares of Stericycle stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $70.52, for a total value of $1,392,981.56. Following the sale, the director now directly owns 205,576 shares in the company, valued at approximately $14,497,219.52. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.30% of the company’s stock.
A number of equities analysts have weighed in on SRCL shares. William Blair reiterated an “ourperform” rating on shares of Stericycle in a research note on Thursday, September 14th. Jefferies Group LLC set a $108.00 price objective on Stericycle and gave the company a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research lowered Stericycle from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. BidaskClub upgraded Stericycle from a “strong sell” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Barclays PLC reiterated an “overweight” rating and set a $100.00 price objective on shares of Stericycle in a research note on Wednesday, August 9th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $81.25.
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Stericycle Company Profile
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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