A number of other research analysts have also recently weighed in on SRCL. Bank of America reiterated an underperform rating and set a $44.00 price objective (down previously from $46.00) on shares of Stericycle in a research report on Wednesday, July 17th. ValuEngine raised shares of Stericycle from a strong sell rating to a sell rating in a research note on Tuesday, August 6th. Finally, Robert W. Baird raised shares of Stericycle from an underperform rating to a neutral rating and set a $44.00 target price for the company in a research note on Friday, August 2nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $51.80.
SRCL stock opened at $53.77 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.18. Stericycle has a twelve month low of $34.36 and a twelve month high of $58.73. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 2.62 and a beta of 1.24. The firm’s fifty day simple moving average is $49.82 and its two-hundred day simple moving average is $48.78.
Institutional investors and hedge funds have recently modified their holdings of the company. First Bank & Trust purchased a new stake in shares of Stericycle during the second quarter valued at $28,000. Griffin Asset Management Inc. purchased a new stake in Stericycle in the second quarter worth about $62,000. North Star Investment Management Corp. purchased a new stake in Stericycle in the third quarter worth about $83,000. First Mercantile Trust Co. lifted its stake in Stericycle by 441.2% in the second quarter. First Mercantile Trust Co. now owns 2,273 shares of the business services provider’s stock worth $109,000 after acquiring an additional 1,853 shares during the period. Finally, Financial Gravity Wealth Inc. lifted its stake in Stericycle by 81,533.3% in the second quarter. Financial Gravity Wealth Inc. now owns 2,449 shares of the business services provider’s stock worth $117,000 after acquiring an additional 2,446 shares during the period.
Stericycle Company Profile
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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