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Shares of Stericycle (NASDAQ:SRCL) hit a new 52-week high during mid-day trading on Wednesday , AmericanBankingNews.com reports. The company traded as high as $125.43 and last traded at $119.02, with a volume of 108,469 shares changing hands. The stock had previously closed at $118.80.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Stericycle in a research note on Monday. They now have a $124.00 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Stericycle in a research note on Friday, July 25th. They now have a $136.00 price target on the stock, up previously from $127.00. Finally, analysts at Robert W. Baird upgraded shares of Stericycle from a “neutral” rating to an “outperform” rating in a research note on Friday, June 13th. They now have a $140.00 price target on the stock, up previously from $128.00. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $131.45.

The stock has a 50-day moving average of $118. and a 200-day moving average of $115.5. The company has a market cap of $10.288 billion and a price-to-earnings ratio of 32.20.

Stericycle (NASDAQ:SRCL) last released its earnings data on Thursday, July 24th. The company reported $1.03 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.03. The company had revenue of $640.80 million for the quarter, compared to the consensus estimate of $633.95 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 21.7% on a year-over-year basis. Analysts expect that Stericycle will post $4.25 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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