At the time of writing, Stericycle Inc. [SRCL] stock is trading at $50.94, up 2.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRCL shares have gain 3.33% over the last week, with a monthly amount drifted -3.65%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Stericycle Inc. [NASDAQ: SRCL] stock has seen the most recent analyst activity on December 08, 2023, when Wells Fargo initiated its Underweight rating and assigned the stock a price target of $40. Previously, Truist started tracking the stock with Hold rating on April 18, 2023, and set its price target to $45. On February 24, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $53 on the stock. Berenberg downgraded its rating to a Hold. Berenberg initiated its recommendation with a Buy and recommended $76 as its price target on October 15, 2020. Barrington Research downgraded its rating to Mkt Perform for this stock on May 15, 2020. In a note dated March 30, 2020, Robert W. Baird upgraded an Outperform rating on this stock.
For the past year, the stock price of Stericycle Inc. fluctuated between $37.78 and $57.06. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Stericycle Inc. [NASDAQ: SRCL] shares were valued at $50.94 at the most recent close of the market. An investor can expect a potential drop of -11.66% based on the average SRCL price forecast.
Analyzing the SRCL fundamentals
According to Stericycle Inc. [NASDAQ:SRCL], the company’s sales were 2.66B for trailing twelve months, which represents an -2.74% plunge. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.17 points at the first support level, and at 49.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.44, and for the 2nd resistance point, it is at 51.94.
Ratios To Look Out For
It is important to note that Stericycle Inc. [NASDAQ:SRCL] has a current ratio of 0.91. As well, the Quick Ratio is 0.91, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 1.86.
Transactions by insiders
Recent insider trading involved Reuter Joseph Anthony, EVP & Chief People Officer, that happened on Jun 07 ’23 when 7000.0 shares were purchased.
