Stericycle (NASDAQ:SRCL)‘s stock had its “buy” rating reaffirmed by analysts at Barrington Research in a report issued on Monday. Barrington Research also issued estimates for Stericycle’s Q1 2018 earnings at $1.00 EPS, Q2 2018 earnings at $1.12 EPS, Q3 2018 earnings at $1.15 EPS, Q4 2018 earnings at $1.21 EPS and FY2019 earnings at $4.70 EPS.
Several other equities research analysts have also recently weighed in on the stock. Royal Bank of Canada dropped their price target on shares of Stericycle from $74.00 to $67.00 and set an “underperform” rating for the company in a research report on Thursday, November 9th. Stifel Nicolaus restated a “buy” rating and issued a $85.00 price objective on shares of Stericycle in a report on Thursday, December 28th. BMO Capital Markets decreased their price objective on shares of Stericycle from $74.00 to $62.00 and set a “market perform” rating for the company in a report on Friday, November 10th. Oppenheimer restated a “hold” rating on shares of Stericycle in a report on Wednesday, December 13th. Finally, Jefferies Group set a $83.00 price target on shares of Stericycle and gave the stock a “buy” rating in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. Stericycle presently has a consensus rating of “Hold” and an average price target of $71.50.
Shares of Stericycle (NASDAQ:SRCL) traded up $1.86 during trading on Monday, hitting $61.91. 1,762,600 shares of the stock were exchanged, compared to its average volume of 1,039,544. The stock has a market cap of $5,290.00, a PE ratio of -49.53, a price-to-earnings-growth ratio of 1.44 and a beta of 0.26. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.90. Stericycle has a 12 month low of $58.53 and a 12 month high of $88.00.
In related news, Director Mark C. Miller sold 19,753 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $67.43, for a total transaction of $1,331,944.79. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.50% of the company’s stock.
A number of hedge funds have recently made changes to their positions in SRCL. NEXT Financial Group Inc boosted its holdings in shares of Stericycle by 77.9% during the 3rd quarter. NEXT Financial Group Inc now owns 2,322 shares of the business services provider’s stock valued at $164,000 after acquiring an additional 1,017 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Stericycle by 500.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,000 shares of the business services provider’s stock worth $204,000 after buying an additional 2,500 shares during the last quarter. Balter Liquid Alternatives LLC purchased a new position in shares of Stericycle in the fourth quarter worth approximately $206,000. Roberts Glore & Co. Inc. IL purchased a new position in shares of Stericycle in the fourth quarter worth approximately $210,000. Finally, Investors Research Corp bought a new stake in Stericycle during the 4th quarter worth approximately $212,000. 92.57% of the stock is currently owned by institutional investors.
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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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