NASDAQ:SRCL

Stericycle - SRCL Stock Forecast, Price & News

$55.04

+1.17 (+2.17%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $53.39
▼
$55.31
50-Day Range: $40.89
▼
$53.87
52-Week Range: $40.35
▼
$72.11

Volume: 323,371 shs
Average Volume: 451,820 shs
Market Capitalization: $5.07 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $58.67

Stericycle MarketRank™ Forecast

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 6.6% Upside
$58.67 Price Target
Short Interest: Healthy
2.28% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.10
Upright™ Environmental Score
News Sentiment: -0.23
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.46%
From $2.05 to $2.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Business Services Sector

289th out of 339 stocks

Sanitary Services Industry

4th out of 7 stocks

1.1

Analyst's Opinion

Consensus Rating
Stericycle has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $58.67, Stericycle has a forecasted upside of 6.6% from its current price of $55.04.
Amount of Analyst Coverage
Stericycle has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.28% of the float of Stericycle has been sold short.
Short Interest Ratio / Days to Cover
Stericycle has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in Stericycle has recently decreased by 20.53%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Stericycle does not currently pay a dividend.
Dividend Growth
Stericycle does not have a long track record of dividend growth.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Stericycle has received a 45.70% net impact score from Upright. Stericycle seems to create the most significant positive value in categories "Taxes", "Jobs", and "Waste". The positive contribution in the "Waste" impact category is mostly driven by its "Medical and biohazardous waste treatment services", "Incineration services of hazardous waste", and "Incineration services of non-hazardous waste" products. See details.
Environmental Sustainability
The Environmental Impact score for Stericycle is -1.10.

1.5

News and Social Media Coverage

News Sentiment
Stericycle has a news sentiment score of -0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Stericycle this week, compared to 3 articles on an average week.
MarketBeat Follows
3 people have added Stericycle to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stericycle insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.69% of the stock of Stericycle is held by insiders.
Percentage Held by Institutions
99.89% of the stock of Stericycle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Stericycle are expected to grow by 21.46% in the coming year, from $2.05 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stericycle is -57.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stericycle is -57.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Stericycle has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Stericycle has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Stericycle (NASDAQ:SRCL) Stock

Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including sharps disposable and management solutions; pharmaceutical waste services; hazardous waste disposal; maritime waste services, such as seaport and airport waste; and compliance programs under the Steri-Safe, Clinical Services, First Practice Management, SeguriMed, and EnviroAssure brand names. It also provides secure information destruction services, including document and hard drive destruction services under the Shred-it brand; and communication solutions, such as appointment reminders, secure messaging, event registration, and other communications specifically for hospitals and integrated delivery networks. The company serves healthcare businesses, including hospitals, physician and dental practices, outpatient clinics, long-term care facilities, etc.; retailers and manufacturers; financial and professional service providers; governmental entities; and other businesses. Stericycle, Inc. was incorporated in 1989 and is headquartered in Bannockburn, Illinois.

Stericycle Stock Up 0.8 %

SRCL opened at $53.87 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.71. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of -56.70, a PEG ratio of 3.27 and a beta of 1.30. Stericycle has a twelve month low of $40.35 and a twelve month high of $72.11. The company's 50-day moving average price is $45.66 and its two-hundred day moving average price is $51.49.

Stericycle (NASDAQ:SRCL - Get Rating) last released its earnings results on Friday, August 5th. The business services provider reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.04. The firm had revenue of $679.80 million for the quarter, compared to analysts' expectations of $678.27 million. Stericycle had a negative net margin of 3.28% and a positive return on equity of 6.22%. The company's quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 earnings per share. As a group, equities analysts expect that Stericycle will post 2.05 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank downgraded shares of Stericycle from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $95.00 to $46.00 in a research report on Thursday, May 12th. They noted that the move was a valuation call. StockNews.com downgraded shares of Stericycle from a "buy" rating to a "hold" rating in a research report on Thursday, April 21st. Robert W. Baird reduced their price objective on shares of Stericycle from $72.00 to $63.00 in a research report on Friday, April 29th. TheStreet downgraded shares of Stericycle from a "c" rating to a "d+" rating in a research report on Thursday, May 12th. Finally, Barrington Research reaffirmed a "market perform" rating on shares of Stericycle in a research report on Tuesday, April 19th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $58.67.

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SRCL Stock News Headlines

August 11, 2022 | globenewswire.com

The Global Hazardous Waste Management Market grew USD 987.51 million by 2027, at a CAGR of 14.48%. - GlobeNewswire

August 7, 2022 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) Shares Gap Up on Earnings Beat

August 5, 2022 | finance.yahoo.com

Stericycle Stock Surges As Q2 Exceeds Expectations

August 5, 2022 | in.investing.com

Stericycle Tops Q2 EPS by 1c By Investing.com - Investing.com India

August 5, 2022 | nasdaq.com

Stericycle Q2 22 Earnings Conference Call At 9:00 AM ET - Nasdaq

August 5, 2022 | seekingalpha.com

Stericycle Non-GAAP EPS of $0.48 beats by $0.04, revenue of $679.8M beats by $1.53M (NASDAQ:SRCL) - Seeking Alpha

August 5, 2022 | markets.businessinsider.com

Stericycle Inc. Reports Drop In Q2 Income

August 5, 2022 | finance.yahoo.com

Stericycle, Inc. Reports Results For the Second Quarter 2022

August 4, 2022 | seekingalpha.com

Stericycle Q2 2022 Earnings Preview (NASDAQ:SRCL) - Seeking Alpha

August 4, 2022 | americanbankingnews.com

Stericycle (SRCL) Scheduled to Post Earnings on Friday

August 3, 2022 | nasdaq.com

Clean Harbors (CLH) Beats Q2 Earnings and Revenue Estimates - Nasdaq

August 3, 2022 | americanbankingnews.com

Short Interest in Stericycle, Inc. (NASDAQ:SRCL) Rises By 24.6%

August 2, 2022 | nasdaq.com

Waste Connections (WCN) Q2 Earnings and Revenues Surpass Estimates - Nasdaq

July 26, 2022 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) and General Enterprise Ventures (OTCMKTS:GEVI) Head-To-Head Review

July 14, 2022 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Stericycle, Inc. (SRCL) on Behalf of Investors - Business Wire

July 13, 2022 | businesswire.com

The Law Offices of Frank R. Cruz Announces Investigation of Stericycle, Inc. (SRCL) on Behalf of Investors - Business Wire

July 8, 2022 | benzinga.com

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Stericycle, Inc. with Losses of $100,000 to Contact the Firm - Benzinga

July 7, 2022 | businesswire.com

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Stericycle, Inc. with Losses of $100000 to Contact the Firm - Business Wire

July 6, 2022 | businesswire.com

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Stericycle, Inc. with Losses of $100000 to Contact the Firm - Business Wire

July 5, 2022 | benzinga.com

STERICYCLE, INC. INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Continues to Investigate Stericycle, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SRCL

June 24, 2022 | businesswire.com

STERICYCLE, INC. INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Continues to Investigate Stericycle, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SRCL - Business Wire

June 22, 2022 | finance.yahoo.com

Paper Shredding Services Market Size 2022 With Top Countries Data {CAGR with Growing rate} Growth, Demand with Major Manufacturers, Development Factors and Technological Innovations, Segment Analysis by Types and Application| [No. of pages: - Yahoo Finance

June 17, 2022 | benzinga.com

Outlook on the Recycled Plastics Global Market to 2030 - Featuring Biffa, Stericycle and Veolia Among Oth - Benzinga

June 16, 2022 | benzinga.com

STERICYCLE, INC. INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Continues to Investigate Steric - Benzinga

June 15, 2022 | finance.yahoo.com

Outlook on the Recycled Plastics Global Market to 2030 - Featuring Biffa, Stericycle and Veolia Among Others - Yahoo Finance

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SRCL Company Calendar

Last Earnings: 8/05/2022
Today: 8/16/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Sanitary services
Sub-Industry: Environmental & Facilities Services
Sector: Business Services
Current Symbol: NASDAQ:SRCL
CUSIP: 85891210
CIK: 861878
Web: www.stericycle.com
Phone: (847) 367-5910
Fax: 847-367-9493
Employees: 15,000
Year Founded: 1989

Price Target and Rating

Average Stock Price Forecast: $58.67
High Stock Price Forecast: $67.00
Low Stock Price Forecast: $46.00
Forecasted Upside/Downside: +6.6%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.95)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 26.85
P/E Growth: 3.27
Net Income: $-27,800,000.00
Net Margins: -3.28%
Pretax Margin: -2.64%
Return on Equity: 6.22%
Return on Assets: 2.72%

Debt

Debt-to-Equity Ratio: 0.71
Current Ratio: 0.96
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $2.65 billion
Price / Sales: 1.92
Cash Flow: $4.77 per share
Price / Cash Flow: 11.53
Book Value: $26.16 per share
Price / Book: 2.10

Miscellaneous

Outstanding Shares: 92,180,000
Free Float: 91,544,000
Market Cap: $5.07 billion
Optionable: Optionable
Beta: 1.30

Social Links

Key Executives

Ms. Cindy J. Miller (Age 59)
Pres, CEO & Director
Comp: $2.7M
Ms. Janet H. Zelenka (Age 63)
Exec. VP, CFO & Chief Information Officer
Comp: $1.42M
Mr. Kurt M. Rogers (Age 50)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $986.87k
Mr. Daniel V. Ginnetti (Age 53)
Exec. VP of International
Mr. Stephen Cory White (Age 48)
Exec. VP & Chief Commercial Officer
Comp: $883.42k
Mr. Richard Joseph Hoffman (Age 55)
Sr. VP & Chief Accounting Officer
Andrew Ellis
VP of Investor Relations
Mr. Michael S. Weisman (Age 62)
Exec. VP and Chief Ethics & Compliance Officer
Mr. Joseph Anthony Reuter (Age 60)
Exec. VP & Chief People Officer
Mr. Richard Michael Moore (Age 60)
Exec. VP of North American Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SRCL Stock - Frequently Asked Questions

Should I buy or sell Stericycle stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stericycle in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SRCL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRCL, but not buy additional shares or sell existing shares.
View SRCL analyst ratings or view top-rated stocks.
What is Stericycle's stock price forecast for 2022?: 4 brokers have issued twelve-month target prices for Stericycle's stock. Their SRCL share price forecasts range from $46.00 to $67.00. On average, they anticipate the company's stock price to reach $58.67 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for SRCL or view top-rated stocks among Wall Street analysts.
How have SRCL shares performed in 2022?: Stericycle's stock was trading at $59.64 on January 1st, 2022. Since then, SRCL stock has decreased by 7.7% and is now trading at $55.03.
View the best growth stocks for 2022 here.
When is Stericycle's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our SRCL earnings forecast.
How were Stericycle's earnings last quarter?: Stericycle, Inc. (NASDAQ:SRCL) released its quarterly earnings results on Friday, August, 5th. The business services provider reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.04. The business services provider earned $679.80 million during the quarter, compared to analysts' expectations of $678.27 million. Stericycle had a negative net margin of 3.28% and a positive trailing twelve-month return on equity of 6.22%. Stericycle's revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 earnings per share.
What guidance has Stericycle issued on next quarter's earnings?: Stericycle issued an update on its FY 2022 earnings guidance on Friday, August, 12th. The company provided earnings per share guidance of $2.00-$2.15 for the period, compared to the consensus EPS estimate of $2.07. The company issued revenue guidance of -.
What is Cindy Miller's approval rating as Stericycle's CEO?: 132 employees have rated Stericycle Chief Executive Officer Cindy Miller on Glassdoor.com. Cindy Miller has an approval rating of 74% among the company's employees.
What other stocks do shareholders of Stericycle own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Stericycle investors own include Procter & Gamble (PG), Intel (INTC), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS), QUALCOMM (QCOM), Johnson & Johnson (JNJ), AbbVie (ABBV), Fastenal (FAST) and Gilead Sciences (GILD).

What is Stericycle's stock symbol?: Stericycle trades on the NASDAQ under the ticker symbol "SRCL."
Who are Stericycle's major shareholders?: Stericycle's stock is owned by a variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (11.36%), Clarkston Capital Partners LLC (6.10%), Black Creek Investment Management Inc. (5.65%), Franklin Resources Inc. (3.22%), State Street Corp (2.60%) and Mondrian Investment Partners LTD (2.26%). Insiders that own company stock include Daniel Ginnetti, David W Stahl and Stephen Cory White.
View institutional ownership trends.
How do I buy shares of Stericycle?: Shares of SRCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Stericycle's stock price today?: One share of SRCL stock can currently be purchased for approximately $55.03.
How much money does Stericycle make?: Stericycle (NASDAQ:SRCL) has a market capitalization of $5.07 billion and generates $2.65 billion in revenue each year. The business services provider earns $-27,800,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis.
How many employees does Stericycle have?: The company employs 15,000 workers across the globe.
Does Stericycle have any subsidiaries?: The following companies are subsidiares of Stericycle: Ambimed - Gestao Ambiental Lda., Healthcare Waste Solutions, InQuicker, LiveAnswer, MedServe, Metalchem/DRS BVBA, PSC Environmental Service, SRCL Consenur S.L.U., SRCL Cyprus Ltd , SRCL Ireland Limited , SRCL Korea Co. Ltd., Shred-it, Shred-it GmbH, Shred-it Singapore Pte. Ltd., SteriVentures LLC, Stericycle Australia Pty Ltd, Stericycle B.V. , Stericycle Communication Solutions Inc., Stericycle Europe S.a.r.l., Stericycle Gestao Ambiental Ltda., Stericycle Hokkaido GK, Stericycle International Holdings Limited , Stericycle International LLC, Stericycle Management LLC, Stericycle Romania SRL , Stericycle ULC , Stericycle of Puerto Rico Inc., Stericycle of Washington Inc., Stroud Properties Inc., and The MPB Group LLC.
Read More
When was Stericycle founded?: Stericycle was founded in 1989.
How can I contact Stericycle?: Stericycle's mailing address is 2355 WAUKEGAN ROAD, BANNOCKBURN IL, 60015. The official website for the company is www.stericycle.com. The business services provider can be reached via phone at (847) 367-5910, via email at investor@stericycle.com, or via fax at 847-367-9493.

This page (NASDAQ:SRCL) was last updated on 8/16/2022 by MarketBeat.com Staff

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Stericycle - SRCL Stock Forecast, Price & News

Stericycle MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month