Shares of Stericycle Inc (NASDAQ:SRCL) have received a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, Marketbeat Ratings reports. Five equities research 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 12 month price target among brokers that have covered the stock in the last year is $64.33.

Several research firms have weighed in on SRCL. Zacks Investment Research upgraded shares of Stericycle from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. BidaskClub lowered shares of Stericycle from a “buy” rating to a “hold” rating in a research note on Saturday, September 22nd. Barrington Research set a $72.00 price target on shares of Stericycle and gave the stock a “buy” rating in a research note on Friday, October 5th. Northcoast Research restated a “neutral” rating on shares of Stericycle in a research note on Friday, October 12th. Finally, Bank of America began coverage on shares of Stericycle in a research note on Monday, October 22nd. They set an “underperform” rating and a $53.00 price target on the stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Dupont Capital Management Corp increased its stake in shares of Stericycle by 102.2% during the 2nd quarter. Dupont Capital Management Corp now owns 2,089 shares of the business services provider’s stock worth $136,000 after purchasing an additional 1,056 shares during the last quarter. Zions Bancorporation acquired a new position in shares of Stericycle during the 3rd quarter worth $130,000. NumerixS Investment Technologies Inc increased its stake in shares of Stericycle by 285.0% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 2,695 shares of the business services provider’s stock worth $174,000 after purchasing an additional 1,995 shares during the last quarter. Pflug Koory LLC grew its stake in Stericycle by 106.6% in the 3rd quarter. Pflug Koory LLC now owns 2,810 shares of the business services provider’s stock valued at $165,000 after buying an additional 1,450 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in Stericycle in the 2nd quarter valued at $210,000. Institutional investors own 96.58% of the company’s stock.

Stericycle stock opened at $45.18 on Friday. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 10.41, a P/E/G ratio of 1.21 and a beta of 0.51. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.93. Stericycle has a twelve month low of $44.15 and a twelve month high of $76.73.

Stericycle (NASDAQ:SRCL) last released its quarterly earnings data on Thursday, November 1st. The business services provider reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.02. The firm had revenue of $854.90 million for the quarter, compared to analyst estimates of $856.36 million. Stericycle had a net margin of 4.63% and a return on equity of 13.74%. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.10 EPS. Equities research analysts forecast that Stericycle will post 4.37 earnings per share for the current year.

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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Analyst Recommendations for Stericycle (NASDAQ:SRCL)

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