Stericycle (SRCL) : The consensus on Stericycle (SRCL) based on 13 analyst recommendation on the company stock is 2.54, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Stericycle (SRCL) : 9 investment research analysts covering Stericycle (SRCL) have an average price target of $116.28 for the near short term. The highest target price given by the Brokerage Firm to the stock is $158 and the lowest target is $94 for the short term. Analysts expect the variance to be within $24.85 of the average price.
Company shares have received an average consensus rating of Hold for the current week Stericycle (NASDAQ:SRCL): The stock opened at $88.68 on Thursday but the bulls could not build on the opening and the stock topped out at $88.68 for the day. The stock traded down to $86.76 during the day, due to lack of any buying support eventually closed down at $86.96 with a loss of -1.01% for the day. The stock had closed at $87.85 on the previous day. The total traded volume was 1,160,878 shares.
In a related news, The Securities and Exchange Commission has divulged that Miller Mark C, director of Stericycle Inc, had unloaded 34,835 shares at an average price of $104.52 in a transaction dated on July 8, 2016. The total value of the transaction was worth $3,640,954.
Stericycle, Inc. is engaged in the business of providing regulated and compliance solutions to healthcare and commercial businesses. The Companys solutions include the collection and processing of specialized waste for disposal, and a variety of training, consulting, recall/return, communication, and compliance services, which include training, consulting, inbound/outbound communications, data reporting, and other regulatory compliance services. The Company operates regulated waste management networks in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, South Korea, Spain, and the United Kingdom. The Company operates through two segments: United States and International. The Companys networks include a total of 181 processing facilities, 214 transfer sites, and 97 other service facilities. Its regulated waste processing technology is primarily autoclaving. The Company also uses incineration and electro-thermal-deactivation system (ETD).