Insider Selling: Stericycle COO Unloads 9,608 Shares of Stock (SRCL)
Stericycle (NASDAQ:SRCL) COO Richard T. Kogler sold 9,608 shares of Stericycle stock on the open market in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $116.04, for a total transaction of $1,114,912.32. Following the completion of the transaction, the chief operating officer now directly owns 11,891 shares of the company’s stock, valued at approximately $1,379,832. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on SRCL. Analysts at Zacks reiterated a “neutral” rating on shares of Stericycle in a research note on Friday, February 7th. They now have a $120.00 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of Stericycle from $125.00 to $140.00 in a research note on Monday, January 13th. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $125.77.
Stericycle (NASDAQ:SRCL) traded up 0.03% on Thursday, hitting $115.75. 712,110 shares of the company’s stock traded hands. Stericycle has a one year low of $94.50 and a one year high of $121.61. The stock has a 50-day moving average of $116.3 and a 200-day moving average of $116.1. The company has a market cap of $10.083 billion and a price-to-earnings ratio of 32.50.
Stericycle (NASDAQ:SRCL) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.03. The company had revenue of $567.90 million for the quarter, compared to the consensus estimate of $566.15 million. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 12.8% on a year-over-year basis. Analysts expect that Stericycle will post $4.16 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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