Analysts forecast that Sterling Check Corp (NASDAQ:STER) will announce sales of $152.58 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Sterling Check’s earnings, with estimates ranging from $151.60 million to $154.20 million. The firm is scheduled to issue its next quarterly earnings results on Wednesday, February 9th.
According to Zacks, analysts expect that Sterling Check will report full-year sales of $620.58 million for the current fiscal year, with estimates ranging from $619.43 million to $622.50 million. For the next financial year, analysts forecast that the company will report sales of $676.09 million, with estimates ranging from $659.13 million to $689.20 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow Sterling Check.
Sterling Check (NASDAQ:STER) last issued its earnings results on Wednesday, November 10th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.08. The firm had revenue of $169.56 million during the quarter, compared to analyst estimates of $155.68 million.
Large investors have recently bought and sold shares of the stock. Peregrine Capital Management LLC bought a new stake in shares of Sterling Check in the 3rd quarter worth approximately $14,045,000. Emerald Advisers LLC bought a new stake in Sterling Check during the 3rd quarter valued at $10,692,000. Emerald Mutual Fund Advisers Trust bought a new stake in Sterling Check during the 3rd quarter valued at $9,916,000. Massachusetts Financial Services Co. MA bought a new stake in Sterling Check during the 3rd quarter valued at $4,126,000. Finally, Public Sector Pension Investment Board bought a new stake in Sterling Check during the 3rd quarter valued at $11,132,000. 0.01% of the stock is currently owned by institutional investors.
STER stock traded down $0.15 during mid-day trading on Friday, reaching $19.88. 274,443 shares of the company traded hands, compared to its average volume of 459,379. The company has a debt-to-equity ratio of 0.85, a quick ratio of 3.08 and a current ratio of 3.08. Sterling Check has a fifty-two week low of $18.78 and a fifty-two week high of $28.99. The company has a 50 day simple moving average of $23.65.
About Sterling Check
Sterling Check Corp. provides technology-enabled background screening, verification, workforce monitoring and health screening services for businesses. Sterling Check Corp. is based in NEW YORK.
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