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

StockNews.com began coverage on shares of Stericycle (NASDAQ:SRCL) in a research report released on Monday morning. The firm issued a hold rating on the business services provider’s stock.

Stericycle Stock Performance

NASDAQ SRCL opened at $61.98 on Monday. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 163.11, a PEG ratio of 3.38 and a beta of 1.10. The business’s fifty day moving average is $61.07 and its 200-day moving average is $57.07. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.20 and a quick ratio of 1.13. Stericycle has a one year low of $37.78 and a one year high of $61.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SRCL. OneDigital Investment Advisors LLC lifted its stake in Stericycle by 1.3% in the third quarter. OneDigital Investment Advisors LLC now owns 13,723 shares of the business services provider’s stock valued at $837,000 after purchasing an additional 171 shares during the last quarter. Mirova lifted its position in shares of Stericycle by 0.9% during the 1st quarter. Mirova now owns 47,345 shares of the business services provider’s stock valued at $2,497,000 after buying an additional 428 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Stericycle by 6.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,447 shares of the business services provider’s stock valued at $433,000 after buying an additional 449 shares during the last quarter. Clearstead Trust LLC bought a new position in shares of Stericycle during the 1st quarter worth $25,000. Finally, Arizona State Retirement System increased its holdings in Stericycle by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 25,915 shares of the business services provider’s stock worth $1,506,000 after acquiring an additional 487 shares during the last quarter. 98.82% of the stock is owned by institutional investors.

Stericycle Company Profile

Stericycle, Inc, together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, healthcare hazardous waste, and integrated waste stream solutions; specialty services, such as MedDrop medication collection kiosks, safe community solutions, SafeDrop sharps mailback solutions, and airport and maritime waste services; medical supply store services, that includes sharps and disposable biohazardous waste containers, infection control supplies, and seal&send medication mail back; and compliance solutions including Steri-Safe compliance solutions.