Stericycle (NASDAQ:SRCL) a Buy or a Sell? What does Oppenheimer Think?

February 15, 2018 - By Henry Gaston

 Stericycle (NASDAQ:SRCL) a Buy or a Sell? What does Oppenheimer Think?

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.05, from 0.94 in 2017Q2. It worsened, as 42 investors sold Stericycle, Inc. shares while 185 reduced holdings. 54 funds opened positions while 148 raised stakes. 78.02 million shares or 2.16% more from 76.38 million shares in 2017Q2 were reported.

Bankshares Of America De has 0.01% invested in Stericycle, Inc. (NASDAQ:SRCL) for 507,105 shares. The Connecticut-based Cubist Systematic Strategies has invested 0.01% in Stericycle, Inc. (NASDAQ:SRCL). Barrett Asset Mgmt Ltd Com stated it has 100 shares. Rampart Mngmt Company Ltd Limited Liability Company has 1,081 shares. 45,718 are held by Stratos Wealth Prtnrs Ltd. Moreover, Nomura has 0% invested in Stericycle, Inc. (NASDAQ:SRCL) for 4,369 shares. The Quebec – Canada-based Addenda Capital Inc has invested 0.16% in Stericycle, Inc. (NASDAQ:SRCL). 51,500 were accumulated by Sheets Smith Wealth Management. De Burlo has invested 0.09% in Stericycle, Inc. (NASDAQ:SRCL). Rice Hall James Associates Ltd Limited Liability Company invested in 0.14% or 43,898 shares. Wedgewood Investors Pa holds 0.21% of its portfolio in Stericycle, Inc. (NASDAQ:SRCL) for 3,525 shares. Cambiar Llc holds 49,147 shares. Banque Pictet & Cie owns 6,329 shares or 0.01% of their US portfolio. Kj Harrison & Prns Inc owns 11,600 shares or 0.29% of their US portfolio. Argi Inv Service has 0.01% invested in Stericycle, Inc. (NASDAQ:SRCL).

Since October 30, 2017, it had 0 insider buys, and 1 insider sale for $1.39 million activity.

How Oppenheimer Currently Rates Stericycle (NASDAQ:SRCL)

In analysts report sent to investors and clients on 9 November, research professionals at Oppenheimer started coverage on Stericycle (NASDAQ:SRCL) shares. The company issued a key “Hold” rating for SRCL stock.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.05, from 0.94 in 2017Q2. It worsened, as 42 investors sold Stericycle, Inc. shares while 185 reduced holdings. 54 funds opened positions while 148 raised stakes. 78.02 million shares or 2.16% more from 76.38 million shares in 2017Q2 were reported.

Bankshares Of America De has 0.01% invested in Stericycle, Inc. (NASDAQ:SRCL) for 507,105 shares. The Connecticut-based Cubist Systematic Strategies has invested 0.01% in Stericycle, Inc. (NASDAQ:SRCL). Barrett Asset Mgmt Ltd Com stated it has 100 shares. Rampart Mngmt Company Ltd Limited Liability Company has 1,081 shares. 45,718 are held by Stratos Wealth Prtnrs Ltd. Moreover, Nomura has 0% invested in Stericycle, Inc. (NASDAQ:SRCL) for 4,369 shares. The Quebec – Canada-based Addenda Capital Inc has invested 0.16% in Stericycle, Inc. (NASDAQ:SRCL). 51,500 were accumulated by Sheets Smith Wealth Management. De Burlo has invested 0.09% in Stericycle, Inc. (NASDAQ:SRCL). Rice Hall James Associates Ltd Limited Liability Company invested in 0.14% or 43,898 shares. Wedgewood Investors Pa holds 0.21% of its portfolio in Stericycle, Inc. (NASDAQ:SRCL) for 3,525 shares. Cambiar Llc holds 49,147 shares. Banque Pictet & Cie owns 6,329 shares or 0.01% of their US portfolio. Kj Harrison & Prns Inc owns 11,600 shares or 0.29% of their US portfolio. Argi Inv Service has 0.01% invested in Stericycle, Inc. (NASDAQ:SRCL).

Since October 30, 2017, it had 0 insider buys, and 1 insider sale for $1.39 million activity.

Stericycle, Inc. (NASDAQ:SRCL) Ratings Coverage

Among 15 analysts covering Stericycle (NASDAQ:SRCL), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. Stericycle has $160 highest and $62 lowest target. $84.27’s average target is 11.82% above currents $75.36 stock price. Stericycle had 54 analyst reports since August 14, 2015 according to SRatingsIntel. Barrington Research maintained the stock with “Outperform” rating in Wednesday, February 22 report. The rating was maintained by RBC Capital Markets on Monday, June 26 with “Sell”. The firm earned “Hold” rating on Thursday, August 3 by Oppenheimer. The stock of Stericycle, Inc. (NASDAQ:SRCL) has “Underperform” rating given on Monday, September 19 by RBC Capital Markets. The company was maintained on Wednesday, January 31 by Jefferies. The firm earned “Buy” rating on Friday, November 10 by Jefferies. Robert W. Baird downgraded it to “Underperform” rating and $73 target in Friday, May 5 report. The firm has “Outperform” rating given on Friday, October 23 by Macquarie Research. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, November 30. The stock of Stericycle, Inc. (NASDAQ:SRCL) earned “Buy” rating by Stifel Nicolaus on Sunday, August 13.

The stock increased 1.44% or $1.07 during the last trading session, reaching $75.36. About 235,952 shares traded. Stericycle, Inc. (NASDAQ:SRCL) has declined 14.12% since February 15, 2017 and is downtrending. It has underperformed by 30.82% the S&P500.

Analysts await Stericycle, Inc. (NASDAQ:SRCL) to report earnings on February, 21. They expect $1.14 earnings per share, up 14.00 % or $0.14 from last year’s $1 per share. SRCL’s profit will be $97.33 million for 16.53 P/E if the $1.14 EPS becomes a reality. After $1.10 actual earnings per share reported by Stericycle, Inc. for the previous quarter, Wall Street now forecasts 3.64 % EPS growth.

Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. The company has market cap of $6.43 billion. The firm collects and processes regulated and specialized waste for disposal services; and collects personal and confidential information for secure destruction, as well as offers training, consulting, recall/return, communication, and compliance services. It currently has negative earnings. The Company’s services and products include medical waste management, reusable sharps disposal management, pharmaceutical waste, and hazardous waste management services; integrated waste stream solutions program; sustainability and recycling services for expired or unused inventory; secure information destruction and hard drive destruction services; and regulated recall and returns management communication, logistics, and data management services for expired, withdrawn, or recalled products.

More recent Stericycle, Inc. (NASDAQ:SRCL) news were published by: Globenewswire.com which released: “Stericycle to Participate in Two Investor Events in March” on February 07, 2018. Also Nasdaq.com published the news titled: “Stericycle (SRCL) Shares Cross Above 200 DMA” on January 31, 2018. Nasdaq.com‘s news article titled: “Is Stericycle (SRCL) a Great Stock for Value Investors?” with publication date: January 22, 2018 was also an interesting one.

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