NASDAQ:SRCL

Stericycle (SRCL) Stock Forecast, Price & News

$43.09

+0.94 (+2.23%)

(As of 03:10 PM ET)

Compare

Today's Range: $41.88
▼
$43.17
50-Day Range: $40.98
▼
$46.08
52-Week Range: $39.63
▼
$56.12

Volume: 232,965 shs
Average Volume: 388,021 shs
Market Capitalization: $3.98 billion

P/E Ratio: 48.97
Dividend Yield: N/A
Price Target: $49.00

Stericycle MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 14.8% Upside
$49.00 Price Target
Short Interest: Healthy
1.29% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.10
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 21.69%
From $1.89 to $2.30 Per Share

Overall MarketRank^™

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

2.46 out of 5 stars

Business Services Sector

187th out of 684 stocks

Sanitary Services Industry

3rd out of 10 stocks

2.0

Analyst's Opinion

Consensus Rating
Stericycle has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.00, Stericycle has a forecasted upside of 14.8% from its current price of $42.70.
Amount of Analyst Coverage
Stericycle has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.29% of the outstanding shares of Stericycle have been sold short.
Short Interest Ratio / Days to Cover
Stericycle has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Stericycle has recently decreased by 2.46%, indicating that investor sentiment is improving.

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.

3.0

News and Social Media Coverage

News Sentiment
Stericycle has a news sentiment score of 1.40. 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 higher news sentiment than the 0.54 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Stericycle this week, compared to 4 articles on an average week.
MarketBeat Follows
1 people have added Stericycle to their MarketBeat watchlist in the last 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 0.63% of the stock of Stericycle is held by insiders.
Percentage Held by Institutions
98.06% of the stock of Stericycle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Stericycle are expected to grow by 21.69% in the coming year, from $1.89 to $2.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stericycle is 48.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stericycle is 48.52, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 280.85.
Price to Earnings Growth Ratio
Stericycle has a PEG Ratio of 2.83. 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 1.61. 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. engages in the provision of waste management services. It operates through the following segments: North America and International. The North America and International segments offer the following services: Regulated Waste and Compliance Services (RWCS), Secure Information Destruction Services (SID), Communication and Related Services (CRS). The RWCS provides collection and processing of regulated and specialized waste, including medical (including reusable sharps disposal management services), pharmaceutical and hazardous waste, for disposal and compliance programs. The SID provides a collection of personal and confidential information for secure destruction and recycling of shredded paper. The CRS includes communication services such as appointment reminders, secure messaging, event registration and other communications for hospitals and IDN's. The company was founded by James W. Sharp in March 1989 and is headquartered in Lake Forest, IL.

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SRCL Stock News Headlines

May 21, 2023 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) Earns Buy Rating from Analysts at StockNews.com

May 18, 2023 | finance.yahoo.com

Stericycle to Present at Baird 2023 Global Consumer, Technology and Services Conference in June

June 1, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

May 17, 2023 | finance.yahoo.com

Stericycle to Participate in Stifel 2023 Cross Sector Insight Conference in June

May 14, 2023 | americanbankingnews.com

Q2 2023 Earnings Forecast for Stericycle, Inc. Issued By Zacks Research (NASDAQ:SRCL)

May 7, 2023 | americanbankingnews.com

Barrington Research Weighs in on Stericycle, Inc.'s FY2023 Earnings (NASDAQ:SRCL)

May 4, 2023 | americanbankingnews.com

Barrington Research Weighs in on Stericycle, Inc.'s Q2 2023 Earnings (NASDAQ:SRCL)

May 4, 2023 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) Lifted to Buy at StockNews.com

June 1, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

May 2, 2023 | americanbankingnews.com

Stericycle, Inc. to Post Q2 2023 Earnings of $0.47 Per Share, Oppenheimer Forecasts (NASDAQ:SRCL)

May 1, 2023 | finance.yahoo.com

Stericycle's (SRCL) Q1 Earnings Beat Estimates, Surge Y/Y

April 29, 2023 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) Shares Gap Up Following Better-Than-Expected Earnings

April 28, 2023 | finance.yahoo.com

Q1 2023 Stericycle Inc Earnings Call

April 28, 2023 | finance.yahoo.com

Stericycle Partnership with the Arbor Day Foundation Plants Over 80,000 Trees Across the United States, Canada and the United Kingdom

April 27, 2023 | seekingalpha.com

Stericycle, Inc. 2023 Q1 - Results - Earnings Call Presentation

April 27, 2023 | finance.yahoo.com

Stericycle, Inc. Reports Results For the First Quarter 2023

April 27, 2023 | finance.yahoo.com

Stericycle (SRCL) Beats Q1 Earnings and Revenue Estimates

April 27, 2023 | americanbankingnews.com

Stericycle, Inc. (NASDAQ:SRCL) Short Interest Up 31.4% in April

April 25, 2023 | americanbankingnews.com

Stericycle (SRCL) to Release Quarterly Earnings on Thursday

April 24, 2023 | americanbankingnews.com

Stericycle, Inc. (NASDAQ:SRCL) Receives $49.50 Average PT from Analysts

April 21, 2023 | americanbankingnews.com

Stericycle (NASDAQ:SRCL) Downgraded to Hold at StockNews.com

April 20, 2023 | americanbankingnews.com

Truist Financial Begins Coverage on Stericycle (NASDAQ:SRCL)

April 18, 2023 | finance.yahoo.com

Stericycle Joins the 2023 Drug Takeback Day Call-to-Action

April 18, 2023 | finance.yahoo.com

Stericycle Shares Sustainability Best Practices for Healthcare Organizations Ahead of Earth Day 2023

April 12, 2023 | markets.businessinsider.com

Barrington Reaffirms Their Hold Rating on Stericycle (SRCL)

April 11, 2023 | finance.yahoo.com

Is There An Opportunity With Stericycle, Inc.'s (NASDAQ:SRCL) 42% Undervaluation?

April 11, 2023 | americanbankingnews.com

Stericycle, Inc. Forecasted to Post Q1 2023 Earnings of $0.40 Per Share (NASDAQ:SRCL)

See More Headlines

SRCL Price History

30 days | 90 days | 365 days | Advanced Chart

SRCL Company Calendar

Last Earnings: 4/27/2023
Today: 6/01/2023
Next Earnings (Estimated): 8/04/2023
Fiscal Year End: 12/31/2023

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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: $49.00
High Stock Price Forecast: $53.00
Low Stock Price Forecast: $45.00
Forecasted Upside/Downside: +16.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.88
Trailing P/E Ratio: 47.90
Forward P/E Ratio: 22.30
P/E Growth: 2.83
Net Income: $56 million
Net Margins: 2.99%
Pretax Margin: 4.03%
Return on Equity: 8.58%
Return on Assets: 3.83%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.97
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $2.70 billion
Price / Sales: 1.44
Cash Flow: $4.49 per share
Price / Cash Flow: 9.38
Book Value: $26.46 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 92,440,000
Free Float: 91,863,000
Market Cap: $3.90 billion
Optionable: Optionable
Beta: 1.23

Social Links

Key Executives

Cindy Jayne Miller
President, CEO, COO & Director

Janet H. Zelenka
EVP, Chief Financial & Information Officer

Michael S. Weisman
Chief Ethics & Compliance Office & Executive VP

Kurt M. Rogers
Executive Vice President & General Counsel

Joseph A. Reuter
Chief People Officer & Executive Vice President

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?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stericycle in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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 2023?: 2 Wall Street analysts have issued 1-year price targets for Stericycle's shares. Their SRCL share price forecasts range from $45.00 to $53.00. On average, they expect the company's stock price to reach $49.00 in the next year. This suggests a possible upside of 16.3% 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 2023?: Stericycle's stock was trading at $49.89 at the beginning of the year. Since then, SRCL stock has decreased by 15.5% and is now trading at $42.15.
View the best growth stocks for 2023 here.
When is Stericycle's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our SRCL earnings forecast.
How were Stericycle's earnings last quarter?: Stericycle, Inc. (NASDAQ:SRCL) released its quarterly earnings results on Thursday, April, 27th. The business services provider reported $0.49 EPS for the quarter, topping the consensus estimate of $0.43 by $0.06. The business services provider earned $684.30 million during the quarter, compared to analyst estimates of $670.61 million. Stericycle had a net margin of 2.99% and a trailing twelve-month return on equity of 8.58%. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.32 EPS.
What ETFs hold Stericycle's stock?: ETFs with the largest weight of Stericycle (NASDAQ:SRCL) stock in their portfolio include VanEck Environmental Services ETF (EVX), Schwab Ariel ESG ETF (SAEF), iShares Environmental Infrastructure and Industrials ETF (EFRA), VanEck Green Infrastructure ETF (RNEW), Hypatia Women CEO ETF (WCEO), T. Rowe Price Equity Income ETF (TEQI), VanEck Morningstar SMID Moat ETF (SMOT) and Strategy Shares Halt Climate Change ETF (NZRO).
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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.45%), Black Creek Investment Management Inc. (5.96%), Price T Rowe Associates Inc. MD (4.04%), Impax Asset Management Group plc (3.18%), JPMorgan Chase & Co. (3.04%) and State Street Corp (2.81%). Insiders that own company stock include Daniel Ginnetti, David W Stahl, Naren K Gursahaney 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 $42.15.
How much money does Stericycle make?: Stericycle (NASDAQ:SRCL) has a market capitalization of $3.90 billion and generates $2.70 billion in revenue each year. The business services provider earns $56 million in net income (profit) each year or $0.88 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
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 6/1/2023 by MarketBeat.com Staff

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