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Stericycle (NASDAQ:SRCL) CEO Charles A. Alutto sold 16,500 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $119.33, for a total value of $1,968,945.00. Following the transaction, the chief executive officer now directly owns 450 shares of the company’s stock, valued at approximately $53,699. The sale was disclosed in a filing with the SEC, which is available at this link.

Stericycle (NASDAQ:SRCL) opened at 119.98 on Friday. Stericycle has a 52-week low of $108.62 and a 52-week high of $125.43. The stock has a 50-day moving average of $118.4 and a 200-day moving average of $115.6. The company has a market cap of $10.176 billion and a price-to-earnings ratio of 32.46.

Stericycle (NASDAQ:SRCL) last announced its earnings results 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.

A number of analysts have recently weighed in on SRCL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Stericycle in a research note on Monday, July 28th. 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 investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $131.45.

Stericycle, Inc, is in the business of managing regulated waste and providing an array of related and complementary services.

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