Stericycle Inc (NASDAQ:SRCL) has earned a consensus rating of “Hold” from the fifteen brokerages that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, five have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $73.40.

A number of research analysts have recently issued reports on SRCL shares. Zacks Investment Research cut shares of Stericycle from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Barrington Research reduced their price objective on shares of Stericycle from $87.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, November 10th. Stifel Nicolaus reiterated a “buy” rating and set a $85.00 price objective on shares of Stericycle in a report on Thursday, December 28th. Jefferies Group set a $83.00 price objective on shares of Stericycle and gave the company a “buy” rating in a report on Wednesday, December 13th. Finally, BidaskClub upgraded shares of Stericycle from a “strong sell” rating to a “sell” rating in a report on Saturday, December 2nd.

Stericycle (NASDAQ SRCL) opened at $71.60 on Tuesday. The stock has a market cap of $6,112.70, a PE ratio of -125.61, a PEG ratio of 1.74 and a beta of 0.16. Stericycle has a twelve month low of $61.25 and a twelve month high of $88.00. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.93.

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

In related news, Director Mark C. Miller sold 19,753 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $67.43, for a total transaction of $1,331,944.79. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 79,012 shares of company stock worth $5,240,668 over the last three months. 3.50% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SRCL. Pacer Advisors Inc. raised its position in Stericycle by 8.4% in the second quarter. Pacer Advisors Inc. now owns 1,880 shares of the business services provider’s stock worth $143,000 after acquiring an additional 145 shares during the period. Principal Financial Group Inc. raised its position in Stericycle by 5.2% in the second quarter. Principal Financial Group Inc. now owns 130,158 shares of the business services provider’s stock worth $9,934,000 after acquiring an additional 6,474 shares during the period. State of Tennessee Treasury Department raised its position in Stericycle by 0.4% in the second quarter. State of Tennessee Treasury Department now owns 23,321 shares of the business services provider’s stock worth $1,780,000 after acquiring an additional 87 shares during the period. JPMorgan Chase & Co. raised its position in Stericycle by 1,148.8% in the second quarter. JPMorgan Chase & Co. now owns 210,291 shares of the business services provider’s stock worth $16,048,000 after acquiring an additional 193,452 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Stericycle by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,335 shares of the business services provider’s stock worth $483,000 after acquiring an additional 24 shares during the period. 94.49% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Stericycle (NASDAQ:SRCL)

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