Stericycle (NASDAQ:SRCL) : The consensus on Stericycle (NASDAQ:SRCL) based on 13 analyst recommendation on the company stock is 2.23, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 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. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Stericycle (NASDAQ:SRCL) : Currently there are 9 street experts covering Stericycle (NASDAQ:SRCL) stock. The most bullish and bearish price target for the stock is $158 and $96 respectively for the short term. The average price target of all the analysts comes to $122.33. The estimated standard deviation from the target is $22.67.
For the current week, the company shares have a recommendation consensus of Buy.
Stericycle (NASDAQ:SRCL): stock turned positive on Tuesday. Though the stock opened at $99.43, the bulls momentum made the stock top out at $99.99 level for the day. The stock recorded a low of $98.92 and closed the trading day at $99.95, in the green by 0.79%. The total traded volume for the day was 654,812. The stock had closed at $99.17 in the previous days trading.
In an insider trading activity, Miller Mark C, director of Stericycle Inc, unloaded 25,000 shares at an average price of $101.12 on June 15, 2016. The total amount of the transaction was worth $2,528,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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).