Stericycle, Inc. (NASDAQ:SRCL) Director Mark C. Miller sold 19,753 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $67.43, for a total value of $1,331,944.79. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Stericycle, Inc. (NASDAQ SRCL) traded down $0.86 during midday trading on Tuesday, hitting $66.50. The stock had a trading volume of 1,249,649 shares, compared to its average volume of 823,466. The company has a market cap of $5,714.86, a PE ratio of 15.42, a price-to-earnings-growth ratio of 1.63 and a beta of 0.16. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.82 and a quick ratio of 0.82. Stericycle, Inc. has a 12-month low of $61.25 and a 12-month high of $88.00.

Stericycle (NASDAQ:SRCL) last released its quarterly earnings results on Wednesday, November 8th. The business services provider reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.04). The firm had revenue of $883.00 million for the quarter, compared to the consensus estimate of $896.81 million. Stericycle had a negative net margin of 0.79% and a positive return on equity of 13.93%. Stericycle’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.24 earnings per share. analysts expect that Stericycle, Inc. will post 4.49 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AXA raised its holdings in Stericycle by 1,090.5% in the 3rd quarter. AXA now owns 124,875 shares of the business services provider’s stock worth $8,943,000 after purchasing an additional 114,386 shares during the period. GSA Capital Partners LLP bought a new position in Stericycle in the 3rd quarter worth $532,000. Gofen & Glossberg LLC IL raised its holdings in Stericycle by 2.7% in the 3rd quarter. Gofen & Glossberg LLC IL now owns 65,415 shares of the business services provider’s stock worth $4,685,000 after purchasing an additional 1,724 shares during the period. IFM Investors Pty Ltd bought a new position in Stericycle in the 3rd quarter worth $265,000. Finally, California Public Employees Retirement System raised its holdings in Stericycle by 2.9% in the 3rd quarter. California Public Employees Retirement System now owns 156,984 shares of the business services provider’s stock worth $11,243,000 after purchasing an additional 4,384 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have weighed in on SRCL. Zacks Investment Research downgraded Stericycle from a “buy” rating to a “hold” rating in a report on Monday, August 7th. Barclays restated an “overweight” rating and issued a $100.00 price target on shares of Stericycle in a research note on Wednesday, August 9th. William Blair restated an “ourperform” rating on shares of Stericycle in a research note on Thursday, September 14th. Jefferies Group set a $108.00 price target on Stericycle and gave the stock a “buy” rating in a research note on Tuesday, October 17th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $85.00 price target (down previously from $95.00) on shares of Stericycle in a research note on Thursday, November 9th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Stericycle presently has an average rating of “Hold” and an average price target of $76.73.

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Stericycle Company Profile

Stericycle, Inc is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Company’s segments include Domestic and Canada Regulated Waste and Compliance Services (RCS), Domestic Communication and Related Services (CRS), International RCS and All other.

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