Robert W. Baird analyst Mark Marcon maintained a Buy rating on Sterling Check (STER – Research Report) on August 8 and set a price target of $17.00. The company’s shares opened today at $13.47.
Marcon covers the Industrials sector, focusing on stocks such as Insperity, ManpowerGroup, and ASGN. According to TipRanks, Marcon has an average return of 11.8% and a 56.70% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sterling Check with a $15.50 average price target, implying a 15.07% upside from current levels. In a report released on August 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $16.00 price target.
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The company has a one-year high of $23.36 and a one-year low of $10.58. Currently, Sterling Check has an average volume of 379.9K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STER in relation to earlier this year.
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Sterling Check Corp is a global provider of technology-enabled background and identity verification services. It offers a hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding, and ongoing risk monitoring. Its services are delivered through a purpose-built, proprietary, cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs.
Read More on STER:
- Sterling Check sees 2023 revenue $760M-$780M, consensus $774.85M
- Sterling Check reports Q2 adjusted EPS 28c, consensus 27c
- Sterling Reports Second Quarter 2023 Results
- Sterling Check launching virtual I-9 document review service
- ID.me and Sterling Extend Exclusive Partnership through 2028, Continuing Their Focus on Expanding Identity Verification Solutions
