Barrington analyst Kevin Steinke assigned a Buy rating to Stericycle (NASDAQ: SRCL) today. The company’s shares opened today at $63.75.
According to TipRanks.com, Steinke is a 3-star analyst with an average return of 6.0% and a 55.4% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.
Stericycle has an analyst consensus of Moderate Buy, with a price target consensus of $71.
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Based on Stericycle’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $895 million and net profit of $22.5 million. In comparison, last year the company had a net profit of $58.19 million.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SRCL in relation to earlier this year. Last month, Mark C. Miller, a Director at SRCL bought 4,074 shares for a total of $199,938.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Stericycle, Inc. engages in the provision of waste management services. It operates through the following segments: Domestic and Canada Regulated Waste and Compliance Services (RCS); International RCS; and Domestic CRS. The Domestic and Canada RCS segment manages medical and pharmaceutical waste disposal, hazardous wastes, and unused and expired inventory.
