Stericycle, Inc. (NASDAQ:SRCL) – Stock analysts at Northcoast Research issued their Q1 2018 earnings per share (EPS) estimates for shares of Stericycle in a note issued to investors on Wednesday. Northcoast Research analyst E. Snyder anticipates that the business services provider will post earnings per share of $1.17 for the quarter. Northcoast Research also issued estimates for Stericycle’s Q2 2018 earnings at $1.15 EPS, Q3 2018 earnings at $1.21 EPS and FY2018 earnings at $4.71 EPS.
Other analysts have also recently issued reports about the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $108.00 target price on shares of Stericycle in a research note on Thursday. BMO Capital Markets assumed coverage on shares of Stericycle in a research note on Thursday, June 29th. They set a “market perform” rating and a $81.00 price objective for the company. Barclays PLC assumed coverage on shares of Stericycle in a research note on Thursday, April 13th. They set an “overweight” rating and a $100.00 price objective for the company. Zacks Investment Research upgraded shares of Stericycle from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a research note on Tuesday, April 25th. Finally, Robert W. Baird cut shares of Stericycle from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $74.00 to $73.00 in a research note on Monday, May 15th. Three analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. Stericycle currently has an average rating of “Hold” and an average target price of $81.15.
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Shares of Stericycle (NASDAQ SRCL) traded up 0.50% on Thursday, reaching $76.35. 184,444 shares of the company’s stock traded hands. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 39.79 and a beta of 0.13. The firm’s 50-day moving average is $80.67 and its 200-day moving average is $80.83. Stericycle has a 52-week low of $71.52 and a 52-week high of $107.74.
Stericycle (NASDAQ:SRCL) last released its quarterly earnings data on Thursday, May 4th. The business services provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. Stericycle had a net margin of 5.23% and a return on equity of 14.40%. The business had revenue of $892.40 million during the quarter, compared to analyst estimates of $874.34 million. During the same period in the previous year, the business earned $1.11 EPS. Stericycle’s revenue was up 2.1% compared to the same quarter last year.
Several institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its position in Stericycle by 0.5% in the first quarter. HighTower Advisors LLC now owns 7,604 shares of the business services provider’s stock valued at $627,000 after buying an additional 41 shares in the last quarter. Morgan Dempsey Capital Management LLC raised its stake in shares of Stericycle by 2.6% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,902 shares of the business services provider’s stock valued at $158,000 after buying an additional 48 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of Stericycle by 3.3% in the first quarter. Pacer Advisors Inc. now owns 1,735 shares of the business services provider’s stock valued at $144,000 after buying an additional 55 shares during the last quarter. OppenheimerFunds Inc. raised its stake in shares of Stericycle by 1.2% in the first quarter. OppenheimerFunds Inc. now owns 5,266 shares of the business services provider’s stock valued at $436,000 after buying an additional 60 shares during the last quarter. Finally, West Oak Capital LLC raised its stake in shares of Stericycle by 0.7% in the second quarter. West Oak Capital LLC now owns 12,501 shares of the business services provider’s stock valued at $954,000 after buying an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 96.49% of the company’s stock.
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.
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