Stericycle, Inc. (NASDAQ:SRCL) Receives Average Recommendation of “Hold” from Brokerages

Stericycle, Inc. (NASDAQ:SRCL) has received a consensus rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $74.00.

Separately, StockNews.com initiated coverage on Stericycle in a report on Tuesday, November 12th. They issued a “hold” rating for the company.

Stericycle Stock Performance

NASDAQ SRCL opened at $61.98 on Tuesday. Stericycle has a fifty-two week low of $37.78 and a fifty-two week high of $61.99. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.13 and a current ratio of 1.20. The stock has a 50 day simple moving average of $61.37 and a two-hundred day simple moving average of $57.95. The stock has a market cap of $5.75 billion, a P/E ratio of 163.11, a price-to-earnings-growth ratio of 3.38 and a beta of 1.10.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Clearstead Trust LLC purchased a new position in Stericycle during the first quarter valued at $25,000. Headlands Technologies LLC bought a new stake in shares of Stericycle in the 1st quarter worth $44,000. International Assets Investment Management LLC bought a new stake in shares of Stericycle in the 2nd quarter worth $45,000. Quest Partners LLC increased its holdings in shares of Stericycle by 4,172.7% in the 2nd quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock worth $55,000 after purchasing an additional 918 shares in the last quarter. Finally, Summit Securities Group LLC bought a new stake in shares of Stericycle in the 2nd quarter worth $58,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Stericycle Company Profile

Stericycle, Inc, together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, healthcare hazardous waste, and integrated waste stream solutions; specialty services, such as MedDrop medication collection kiosks, safe community solutions, SafeDrop sharps mailback solutions, and airport and maritime waste services; medical supply store services, that includes sharps and disposable biohazardous waste containers, infection control supplies, and seal&send medication mail back; and compliance solutions including Steri-Safe compliance solutions.