Stericycle Inc. (NASDAQ:SRCL) shares saw unusually-strong trading volume on Monday . Approximately 2,678,714 shares traded hands during trading, an increase of 108% from the previous session’s volume of 1,287,967 shares.The stock last traded at $89.37 and had previously closed at $90.27.

Several research analysts have commented on SRCL shares. Wellington Shields downgraded Stericycle from an “accumulate” rating to a “hold” rating in a report on Friday. Imperial Capital downgraded Stericycle from an “in-line” rating to an “underperform” rating and dropped their price objective for the company from $100.00 to $93.50 in a research note on Friday. Raymond James Financial Inc. downgraded Stericycle from an “outperform” rating to a “market perform” rating in a research note on Friday, April 29th. Zacks Investment Research downgraded Stericycle from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Finally, Jefferies Group reissued a “buy” rating and issued a $140.00 price objective on shares of Stericycle in a research note on Monday, July 18th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $123.05.

The company has a market capitalization of $7.66 billion and a PE ratio of 31.46. The company has a 50 day moving average price of $102.91 and a 200 day moving average price of $109.95.

Stericycle (NASDAQ:SRCL) last announced its quarterly earnings data on Thursday, July 28th. The company reported $1.18 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.18. During the same period last year, the business posted $1.14 earnings per share. The company had revenue of $891.60 million for the quarter, compared to the consensus estimate of $910.29 million. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. On average, equities research analysts predict that Stericycle Inc. will post $4.75 earnings per share for the current fiscal year.

In other news, Director Mark C. Miller sold 34,835 shares of the stock in a transaction dated Friday, July 8th. The shares were sold at an average price of $104.52, for a total transaction of $3,640,954.20. Following the completion of the sale, the director now directly owns 244,284 shares in the company, valued at $25,532,563.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark C. Miller sold 24,665 shares of the stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $104.55, for a total transaction of $2,578,725.75. Following the sale, the director now owns 229,449 shares of the company’s stock, valued at $23,988,892.95. The disclosure for this sale can be found here.

Other hedge funds have recently bought and sold shares of the company. Advantus Capital Management Inc raised its stake in Stericycle by 4.1% in the fourth quarter. Advantus Capital Management Inc now owns 8,314 shares of the company’s stock worth $1,003,000 after buying an additional 331 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in Stericycle by 5.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 11,274 shares of the company’s stock worth $1,360,000 after buying an additional 631 shares in the last quarter. Aberdeen Asset Management PLC UK raised its stake in Stericycle by 27.5% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 16,379 shares of the company’s stock worth $2,441,000 after buying an additional 3,537 shares in the last quarter. Whitebox Advisors LLC purchased a new stake in Stericycle during the fourth quarter worth $2,077,000. Finally, Ashburton Jersey Ltd purchased a new stake in Stericycle during the fourth quarter worth $2,165,000.

Stericycle, Inc is a business-to-business services provider with a focus on regulated and compliance solutions for healthcare, retail and commercial businesses. The Company’s solutions include the collection and processing of specialized waste for disposal, the collection of personal and confidential information for secure destruction, and a range of training, consulting, recall/return, communication and compliance services.

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