Mark C. Miller Sells 19,753 Shares of Stericycle, Inc. (SRCL) Stock
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.
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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