Stericycle Inc (SRCL) : Capital Investment Services Of America scooped up 975 additional shares in Stericycle Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 100,563 shares of Stericycle Inc which is valued at $7,552,281.Stericycle Inc makes up approximately 1.45% of Capital Investment Services Of America’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in SRCL in the latest quarter, The investment management firm added 29,763 additional shares and now holds a total of 36,426 shares of Stericycle Inc which is valued at $2,789,503. Stericycle Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Chevy Chase Trust Holdings reduced its stake in SRCL by selling 1,823 shares or 2.42% in the most recent quarter. The Hedge Fund company now holds 73,536 shares of SRCL which is valued at $5,631,387. Stericycle Inc makes up approx 0.03% of Chevy Chase Trust Holdings’s portfolio.Independent Portfolio Consultants boosted its stake in SRCL in the latest quarter, The investment management firm added 412 additional shares and now holds a total of 10,485 shares of Stericycle Inc which is valued at $802,941. Stericycle Inc makes up approx 0.25% of Independent Portfolio Consultants’s portfolio.Eqis Capital Management boosted its stake in SRCL in the latest quarter, The investment management firm added 2,595 additional shares and now holds a total of 9,245 shares of Stericycle Inc which is valued at $707,982. Stericycle Inc makes up approx 0.04% of Eqis Capital Management’s portfolio.
Stericycle Inc closed down -1.3 points or -1.70% at $75.1 with 15,74,872 shares getting traded on Friday. Post opening the session at $76.52, the shares hit an intraday low of $74.9501 and an intraday high of $76.52 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Stericycle Inc reported $1.18 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $1.18. The company had revenue of $891.60 million for the quarter, compared to analysts expectations of $911.39 million. The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.
Many Wall Street Analysts have commented on Stericycle Inc. Shares were Reiterated by Barrington Research on Oct 5, 2016 to “Outperform” and Lowered the Price Target to $ 88 from a previous price target of $100 .Shares were Reiterated by Wedbush on Sep 22, 2016 to “Neutral” and Lowered the Price Target to $ 85 from a previous price target of $95 .Stericycle Inc was Downgraded by Northcoast to ” Neutral” on Sep 20, 2016.
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).