Stericycle Inc (NASDAQ:SRCL) has been given a consensus recommendation of “Hold” by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $55.83.
Several equities research analysts have weighed in on the stock. Robert W. Baird dropped their price target on shares of Stericycle from $56.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, December 19th. BidaskClub cut shares of Stericycle from a “hold” rating to a “sell” rating in a research report on Thursday, February 28th. Zacks Investment Research raised shares of Stericycle from a “sell” rating to a “hold” rating in a research report on Saturday, January 5th. Barrington Research dropped their price target on shares of Stericycle from $64.00 to $55.00 and set an “outperform” rating for the company in a research report on Monday, March 11th. Finally, BMO Capital Markets increased their price target on shares of Stericycle from $41.00 to $45.00 and gave the company a “market perform” rating in a research report on Monday, March 4th.
Institutional investors and hedge funds have recently made changes to their positions in the business. JOYN Advisors Inc. lifted its position in shares of Stericycle by 1,253.7% in the 4th quarter. JOYN Advisors Inc. now owns 731 shares of the business services provider’s stock worth $27,000 after purchasing an additional 677 shares during the period. Bronfman E.L. Rothschild L.P. lifted its position in shares of Stericycle by 159.5% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 807 shares of the business services provider’s stock worth $30,000 after purchasing an additional 496 shares during the period. Pearl River Capital LLC purchased a new stake in shares of Stericycle in the 4th quarter worth about $41,000. Oregon Public Employees Retirement Fund lifted its position in shares of Stericycle by 6,998.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,638,209 shares of the business services provider’s stock worth $45,000 after purchasing an additional 1,615,132 shares during the period. Finally, We Are One Seven LLC purchased a new stake in shares of Stericycle in the 4th quarter worth about $99,000. 99.83% of the stock is owned by institutional investors and hedge funds.
Shares of SRCL opened at $49.36 on Friday. The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 1.76 and a beta of 1.05. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.02 and a quick ratio of 1.02. Stericycle has a twelve month low of $34.36 and a twelve month high of $71.43.
Stericycle Company Profile
Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. It collects and processes regulated and specialized waste for disposal services; and collects personal and confidential information for secure destruction, as well as offers training, consulting, recall/return, communication, and compliance services.
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