share_log

Roberts Wealth Advisors LLC Has $1.24 Million Position in Stericycle, Inc. (NASDAQ:SRCL)

Financial News Live ·  Sep 18, 2022 12:21

Roberts Wealth Advisors LLC boosted its holdings in Stericycle, Inc. (NASDAQ:SRCL – Get Rating) by 2.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,852 shares of the business services provider's stock after buying an additional 775 shares during the period. Roberts Wealth Advisors LLC's holdings in Stericycle were worth $1,242,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ancora Advisors LLC acquired a new position in Stericycle in the first quarter valued at approximately $34,000. Quent Capital LLC acquired a new position in Stericycle in the fourth quarter valued at approximately $33,000. Covestor Ltd acquired a new position in Stericycle in the fourth quarter valued at approximately $43,000. First Bank & Trust lifted its holdings in Stericycle by 13.4% in the first quarter. First Bank & Trust now owns 1,756 shares of the business services provider's stock valued at $103,000 after buying an additional 208 shares during the period. Finally, North Star Investment Management Corp. lifted its holdings in Stericycle by 38.5% in the first quarter. North Star Investment Management Corp. now owns 1,800 shares of the business services provider's stock valued at $106,000 after buying an additional 500 shares during the period. 98.05% of the stock is currently owned by institutional investors and hedge funds.

Get Stericycle alerts:

Stericycle Trading Down 2.1 %

NASDAQ SRCL traded down $1.08 during trading hours on Friday, hitting $49.41. The company's stock had a trading volume of 1,063,632 shares, compared to its average volume of 307,531. Stericycle, Inc. has a twelve month low of $40.35 and a twelve month high of $70.91. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $4.55 billion, a P/E ratio of -52.01, a PEG ratio of 3.06 and a beta of 1.25. The stock has a fifty day moving average of $49.14 and a 200 day moving average of $50.31.

Stericycle (NASDAQ:SRCL – Get Rating) last issued its earnings results on Friday, August 5th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.44 by $0.04. Stericycle had a negative net margin of 3.28% and a positive return on equity of 6.22%. The firm had revenue of $679.80 million during the quarter, compared to the consensus estimate of $678.27 million. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The business's quarterly revenue was up 1.1% on a year-over-year basis. Equities research analysts forecast that Stericycle, Inc. will post 2.02 earnings per share for the current fiscal year.

About Stericycle

(Get Rating)

Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including sharps disposable and management solutions; pharmaceutical waste services; hazardous waste disposal; maritime waste services, such as seaport and airport waste; and compliance programs under the Steri-Safe, Clinical Services, First Practice Management, SeguriMed, and EnviroAssure brand names.

Further Reading

  • Get a free copy of the StockNews.com research report on Stericycle (SRCL)
  • Stock Market: 3 Islands Of Strength In A Sea Of Red
  • 3 Banks Worth Considering For Q4
  • MarketBeat: Week in Review 9/12 – 9/16
  • Is There a Cure for What is Ailing Teladoc Stock?
  • No One Told These 3 Stocks It's a Down Week

Want to see what other hedge funds are holding SRCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stericycle, Inc. (NASDAQ:SRCL – Get Rating).

Receive News & Ratings for Stericycle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stericycle and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment