SRCL stock icon

Stericycle
SRCL

$58.13
0.03%

Market Cap: 5.39B

 

About: Stericycle is the largest provider of medical waste disposal and data destruction (primarily paper shredding) services in the United States. Its next-closest national competitor in medical waste disposal is Sharps Compliance, which generated $76 million of sales in fiscal 2021 before its 2022 acquisition (about 4% of Stericycle's global regulated waste and compliance revenue). Stericycle's data destruction business, Shred-It, is about twice the size of its closest competitor (Iron Mountain's information destruction segment). Stericycle has a global presence, with about 20% of its revenue earned outside North America.

Employees: 13,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

40% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 7 (+2) [Q1 2024]

5% more capital invested

Capital invested by funds: $4.78B [Q4 2023] → $5.03B (+$250M) [Q1 2024]

5% more funds holding

Funds holding: 323 [Q4 2023] → 339 (+16) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 111

1.18% less ownership

Funds ownership: 104.26% [Q4 2023] → 103.07% (-1.18%) [Q1 2024]

48% less call options, than puts

Call options by funds: $5.74M | Put options by funds: $11M

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$48
17%
downside
Avg. target
$69
19%
upside
High target
$142
144%
upside

10 analyst ratings

positive
40%
neutral
50%
negative
10%
Keefe, Bruyette & Woods
Jade Rahmani
144%upside
$142
Outperform
Maintained
4 Jun 2024
RBC Capital
Sean Dodge
7%upside
$62
Sector Perform
Downgraded
4 Jun 2024
Truist Securities
Tobey Sommer
7%upside
$62
Hold
Maintained
4 Jun 2024
Truist Securities
Tobey Sommer
14%downside
$50
Hold
Maintained
29 Apr 2024
Baird
David Manthey
5%downside
$55
Neutral
Maintained
26 Apr 2024

Financial journalist opinion