NASDAQ:STER

Sterling Check (STER) Stock Forecast, Price & News

$11.82

+0.09 (+0.77%)

(As of 06/9/2023 ET)

Compare

Today's Range: $11.65
▼
$12.02
50-Day Range: $10.80
▼
$15.13
52-Week Range: $10.57
▼
$23.36

Volume: 666,896 shs
Average Volume: 404,429 shs
Market Capitalization: $1.14 billion

P/E Ratio: 84.43
Dividend Yield: N/A
Price Target: $16.86

Sterling Check MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 42.6% Upside
$16.86 Price Target
Short Interest: Healthy
1.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.66
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.12%
From $0.86 to $0.99 Per Share

Overall MarketRank^™

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

2.61 out of 5 stars

Business Services Sector

63rd out of 329 stocks

Data Processing & Preparation Industry

7th out of 61 stocks

3.3

Analyst's Opinion

Consensus Rating
Sterling Check has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.86, Sterling Check has a forecasted upside of 42.6% from its current price of $11.82.
Amount of Analyst Coverage
Sterling Check has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.54% of the float of Sterling Check has been sold short.
Short Interest Ratio / Days to Cover
Sterling Check has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in Sterling Check has recently decreased by 2.29%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STER.

2.6

News and Social Media Coverage

News Sentiment
Sterling Check has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Sterling Check this week, compared to 8 articles on an average week.
MarketBeat Follows
4 people have added Sterling Check to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sterling Check insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.20% of the stock of Sterling Check is held by insiders.
Percentage Held by Institutions
85.45% of the stock of Sterling Check 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 Sterling Check are expected to grow by 15.12% in the coming year, from $0.86 to $0.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sterling Check is 84.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sterling Check is 84.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 231.89.
Price to Book Value per Share Ratio
Sterling Check has a P/B Ratio of 1.55. 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 Sterling Check (NASDAQ:STER) Stock

Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and live video chat identification proofing; fingerprinting; background checks, including criminal record checks, sex offender registries, civil court records, motor vehicle and driving license records, executive investigations, credit reports, social media searches, and contingent workforce solutions; liens, judgments, and bankruptcies; and sanctions, risk, and compliance checks. It also provides credential verification services, which include employment verification, education verification, credential verification, professional reference checks, and department of transportation; drug and health screening; onboarding solutions, including Sterling I-9 that integrates a suite of screening and onboarding services and onboarding forms; and workforce, medical license, and motor vehicle records monitoring solutions. The company's services are delivered through its cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs. It serves a client base in a range of industries, such as healthcare, gig economy, financial and business services, industrials, retail, contingent, technology, media and entertainment, transportation and logistics, hospitality, education, and government. The company was formerly known as Sterling Ultimate Parent Corp. and changed its name to Sterling Check Corp. in August 2021. Sterling Check Corp. was founded in 1975 and is headquartered in New York, New York.

Receive STER Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sterling Check and its competitors with MarketBeat's FREE daily newsletter.

STER Stock News Headlines

June 10, 2023 | msn.com

Brittany Mahomes’ Daughter Sterling’s Sporty Moment Shows Which Parents’ Footsteps She’s Already Following In

June 10, 2023 | wsj.com

Sterling Check Corp.

June 10, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.

June 10, 2023 | americanbankingnews.com

Sterling Check (NASDAQ:STER) Sees Large Volume Increase

June 7, 2023 | finance.yahoo.com

Sterling Announces Pricing of Secondary Public Offering

June 6, 2023 | msn.com

Sterling Check launches secondary public offering of 8M shares

June 6, 2023 | finance.yahoo.com

Sterling Announces Launch of Secondary Public Offering and Concurrent Share Repurchase

June 6, 2023 | msn.com

Check out which Oakland County athletes earned all-state honors in track at the 2023 finals

June 10, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

June 3, 2023 | americanbankingnews.com

Analysts Set Sterling Check Corp. (NASDAQ:STER) Target Price at $16.33

May 31, 2023 | msn.com

Sterling K. Brown & Mark Duplass Are The Last Men On Earth In New Sci-Fi Film ‘Biosphere’

May 31, 2023 | uk.movies.yahoo.com

‘Biosphere’ Trailer: Mark Duplass and Sterling K. Brown Star in a Post-Apocalyptic Buddy Comedy

May 30, 2023 | msn.com

Logan County Sheriff's Deputies make arrests for flight to avoid, possession of dangerous weapons

May 30, 2023 | finance.yahoo.com

Are Investors Undervaluing Sterling Check Corp. (NASDAQ:STER) By 49%?

May 29, 2023 | markets.businessinsider.com

HireRight Holdings Corp (HRT) Gets a Hold from Stifel Nicolaus

May 27, 2023 | forbes.com

Convert British Pound Sterling To Mongolian Tugrik

May 26, 2023 | msn.com

Sterling Shepard Running Routes

May 25, 2023 | msn.com

Aljamain Sterling responds to ‘moron’ Sean O’Malley: ‘How many times did you fight in the last year?’

May 25, 2023 | americanbankingnews.com

Financial Analysis: Sterling Check (NASDAQ:STER) & Agent Information Software (OTCMKTS:AIFS)

May 24, 2023 | markets.businessinsider.com

Stifel Nicolaus Keeps Their Buy Rating on Sterling Check (STER)

May 24, 2023 | reuters.com

Allen & Overy and Shearman & Sterling eye mid-July for merger vote

May 24, 2023 | finance.yahoo.com

Sterling Named HR Tech Award Winner for Third Consecutive Year

May 24, 2023 | theguardian.com

Southgate to assess Sterling’s need for rest before naming England squad

May 24, 2023 | msn.com

Raheem Sterling facing England break as Gareth Southgate left with dilemma

May 23, 2023 | mirror.co.uk

Raheem Sterling facing England axe as Gareth Southgate left with dilemma

May 23, 2023 | finance.yahoo.com

Sterling to Attend Upcoming Investor Conferences in Boston, Chicago, and New York City

May 23, 2023 | forbes.com

Convert Palladium Ounce To British Pound Sterling

See More Headlines

STER Price History

30 days | 90 days | 365 days | Advanced Chart

STER Company Calendar

Today: 6/10/2023
Next Earnings (Confirmed): 8/08/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:STER
CUSIP: N/A
CIK: 1645070
Web: www.sterlingcheck.com
Phone: 800-853-3228
Fax: N/A
Employees: 6,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $16.86
High Stock Price Forecast: $20.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +42.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.14
Trailing P/E Ratio: 84.43
Forward P/E Ratio: 13.74
P/E Growth: N/A
Net Income: $19.41 million
Net Margins: 1.83%
Pretax Margin: 2.58%
Return on Equity: 11.17%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: 0.67
Current Ratio: 1.74
Quick Ratio: 1.74

Sales & Book Value

Annual Sales: $754.08 million
Price / Sales: 1.52
Cash Flow: $1.70 per share
Price / Cash Flow: 6.96
Book Value: $7.62 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 96,819,000
Free Float: 88,880,000
Market Cap: $1.14 billion
Optionable: Not Optionable
Beta: 0.25

Key Executives

Mr. Joshua L. Peirez (Age 52)
CEO & Director
Comp: $2.66M

Mr. Lou Paglia (Age 49)
Pres & COO
Comp: $1.51M

Mr. Peter Walker (Age 49)
Exec. VP & CFO
Comp: $1.51M

Ms. Theresa Neri Strong
Chief Accounting Officer

Mr. Scott Thompson
Chief Technology Officer

Mr. Judah Efram Sokel C.F.A.
CPA, VP of Investor Relations

Mr. Steven L. Barnett (Age 58)
Exec. VP, Sec. and Chief Legal & Risk Officer

Ms. Angela Stelle
Chief Marketing Officer & Head of Client Experience

Ms. Robyn H. Price Stonehill (Age 51)
Exec. VP & Chief People Officer

Mr. Peter Lehmann
Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STER Stock - Frequently Asked Questions

Should I buy or sell Sterling Check stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sterling Check in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STER shares.
View STER analyst ratings or view top-rated stocks.
What is Sterling Check's stock price forecast for 2023?: 6 brokers have issued 12-month price objectives for Sterling Check's shares. Their STER share price forecasts range from $14.00 to $20.00. On average, they expect the company's stock price to reach $16.86 in the next year. This suggests a possible upside of 42.6% from the stock's current price.
View analysts price targets for STER or view top-rated stocks among Wall Street analysts.
How have STER shares performed in 2023?: Sterling Check's stock was trading at $15.47 at the beginning of the year. Since then, STER shares have decreased by 23.6% and is now trading at $11.82.
View the best growth stocks for 2023 here.
When is Sterling Check's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our STER earnings forecast.
How can I listen to Sterling Check's earnings call?: Sterling Check will be holding an earnings conference call on Tuesday, August 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "698314".
What ETFs hold Sterling Check's stock?: ETFs with the largest weight of Sterling Check (NASDAQ:STER) stock in their portfolio include AOT Growth & Innovation ETF (AOTG).IQ Chaikin U.S. Small Cap ETF (CSML).
What guidance has Sterling Check issued on next quarter's earnings?: Sterling Check updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $760.00 million-$800.00 million, compared to the consensus revenue estimate of $776.86 million.

When did Sterling Check IPO?: (STER) raised $300 million in an initial public offering on Thursday, September 23rd 2021. The company issued 14,300,000 shares at $20.00-$22.00 per share. Goldman Sachs, J.P. Morgan, Morgan Stanley, Baird, William Blair, KeyBanc Capital Markets, Nomura and Stifel served as the underwriters for the IPO and ING and R. Seelaus & Co., LLC were co-managers.
What is Sterling Check's stock symbol?: Sterling Check trades on the NASDAQ under the ticker symbol "STER."
Who are Sterling Check's major shareholders?: Sterling Check's stock is owned by a number of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (5.99%), BlackRock Inc. (2.80%), Clearbridge Investments LLC (0.76%), State Street Corp (0.54%), Geode Capital Management LLC (0.53%) and Royce & Associates LP (0.34%). Insiders that own company stock include L Frederick Sutherland and Steven L Barnett.
View institutional ownership trends.
How do I buy shares of Sterling Check?: Shares of STER 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 Sterling Check's stock price today?: One share of STER stock can currently be purchased for approximately $11.82.
How much money does Sterling Check make?: Sterling Check (NASDAQ:STER) has a market capitalization of $1.14 billion and generates $754.08 million in revenue each year. The company earns $19.41 million in net income (profit) each year or $0.14 on an earnings per share basis.
How many employees does Sterling Check have?: The company employs 6,000 workers across the globe.
How can I contact Sterling Check?: Sterling Check's mailing address is 1 STATE STREET PLAZA 24TH FLOOR, NEW YORK NY, 10004. The official website for the company is www.sterlingcheck.com. The company can be reached via phone at 800-853-3228 or via email at ir@sterlingcheck.com.

This page (NASDAQ:STER) was last updated on 6/10/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial