Stericycle PT Raised to $125.00 (SRCL)
Analysts at Wunderlich raised their price target on shares of Stericycle (NASDAQ:SRCL) from $123.00 to $125.00 in a research report issued to clients and investors on Sunday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price objective would indicate a potential upside of 7.39% from the company’s current price.
SRCL has been the subject of a number of other recent research reports. Analysts at Wedbush downgraded shares of Stericycle (NASDAQ:SRCL) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, August 28th. They now have a $120.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Stericycle (NASDAQ:SRCL) in a research note to investors on Tuesday, August 13th. They now have a $123.00 price target on the stock. Finally, analysts at Barrington Research raised their price target on shares of Stericycle (NASDAQ:SRCL) from $120.00 to $127.00 in a research note to investors on Tuesday, July 30th.
Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $119.59.
Stericycle (NASDAQ:SRCL) opened at 116.40 on Friday. Stericycle has a one year low of $88.76 and a one year high of $119.59. The stock has a 50-day moving average of $115.1 and a 200-day moving average of $110.4. The company has a market cap of $9.998 billion and a price-to-earnings ratio of 35.38.
Stericycle (NASDAQ:SRCL) last released its earnings data on Wednesday, July 24th. The company reported $0.93 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.91 by $0.02. The company had revenue of $526.50 million for the quarter, compared to the consensus estimate of $529.08 million. During the same quarter last year, the company posted $0.81 earnings per share. Stericycle’s revenue was up 12.3% compared to the same quarter last year. Analysts expect that Stericycle will post $3.71 EPS for the current fiscal year.
Stericycle, Inc, is in the business of managing regulated waste and providing an array of related and complementary services.
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