In the latest trading session,, 1.7 million Stericycle Inc. (NASDAQ:SRCL) shares changed hands as the company’s beta touched 1.08. With the company’s most recent per share price at $61.65 changing hands around $0.03 or 0.05% at last look, the market valuation stands at $5.72B. SRCL’s current price is a discount, trading about -0.1% off its 52-week high of $61.71. The share price had its 52-week low at $37.78, which suggests the last value was 38.72% up since then. When we look at Stericycle Inc.’s average trading volume, we note the 10-day average is 2.4 million shares, with the 3-month average coming to 1.49 million.

Analysts gave the Stericycle Inc. (SRCL) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SRCL as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Stericycle Inc.’s EPS for the current quarter is expected to be 0.55.

Stericycle Inc. (NASDAQ:SRCL) trade information

Instantly SRCL is in green as seen in intraday trades today. With action 4.40%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.40%, with the 5-day performance at 4.40% in the green. However, in the 30-day time frame, Stericycle Inc. (NASDAQ:SRCL) is 4.94% up. Looking at the short shares, we see there were 4.11 million shares sold at short interest cover period of 3.88 days.

The consensus price target for the stock as assigned by Wall Street analysts is 62, meaning bulls need an upside of 0.56% from its recent market value. According to analyst projections, SRCL’s forecast low is 45 with 62 as the target high. To hit the forecast high, the stock’s price needs a -0.57% plunge from its current level, while the stock would need to tank 27.01% for it to hit the projected low.

Stericycle Inc. (SRCL) estimates and forecasts

Data shows that the Stericycle Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 18.61% over the past 6 months, a 21.16% in annual growth rate that is considerably higher than the industry average of 5.80%. Year-over-year growth is forecast to reach 1.00% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 669.4M. 2 analysts are of the opinion that Stericycle Inc.’s revenue for the current quarter will be 672.1M. The company’s revenue for the corresponding quarters a year ago was 653.5M and 652M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.40%. The estimates for the next quarter sales put growth at 3.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.71%. The 2024 estimates are for Stericycle Inc. earnings to increase by 19.30%, but the outlook for the next 5-year period is at 11.00% per year.

Stericycle Inc. (NASDAQ:SRCL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.37% of Stericycle Inc. shares while 92.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 92.82%. There are 92.48% institutions holding the Stericycle Inc. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.6298% of the shares, roughly 8.93 million SRCL shares worth $518.91 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.3856% or 7.77 million shares worth $451.87 million as of 2024-06-30.