Stericycle Inc (NASDAQ:SRCL) Director Jack W. Schuler acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, March 1st. The shares were purchased at an average cost of $62.59 per share, with a total value of $625,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Stericycle Inc (NASDAQ SRCL) traded down $0.63 during trading hours on Thursday, reaching $62.04. 1,381,789 shares of the company traded hands, compared to its average volume of 1,120,695. Stericycle Inc has a 12-month low of $58.53 and a 12-month high of $88.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.84 and a quick ratio of 0.82. The firm has a market cap of $5,320.00, a price-to-earnings ratio of -50.03, a P/E/G ratio of 1.42 and a beta of 0.26.
Stericycle (NASDAQ:SRCL) last announced its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.00 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.14). Stericycle had a return on equity of 13.83% and a net margin of 1.18%. The company had revenue of $887.80 million for the quarter, compared to analyst estimates of $882.62 million. During the same quarter in the prior year, the business earned $1.00 earnings per share. Stericycle’s revenue was down 2.1% compared to the same quarter last year. research analysts anticipate that Stericycle Inc will post 4.58 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. First Merchants Corp acquired a new position in Stericycle in the third quarter valued at $1,483,000. California Public Employees Retirement System increased its stake in Stericycle by 2.9% in the third quarter. California Public Employees Retirement System now owns 156,984 shares of the business services provider’s stock valued at $11,243,000 after purchasing an additional 4,384 shares during the period. BNP Paribas Arbitrage SA increased its stake in Stericycle by 29.2% in the third quarter. BNP Paribas Arbitrage SA now owns 64,921 shares of the business services provider’s stock valued at $4,368,000 after purchasing an additional 14,677 shares during the period. Stifel Financial Corp increased its stake in Stericycle by 15.1% in the third quarter. Stifel Financial Corp now owns 99,039 shares of the business services provider’s stock valued at $7,128,000 after purchasing an additional 12,997 shares during the period. Finally, Investor AB acquired a new position in Stericycle in the third quarter valued at $716,000. Institutional investors own 92.57% of the company’s stock.
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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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