StericycleSRCL
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
71% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 12 (+5) [Q2]
53% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 72
11% more funds holding
Funds holding: 343 [Q1] → 381 (+38) [Q2]
5% less capital invested
Capital invested by funds: $5.07B [Q1] → $4.83B (-$237M) [Q2]
14.26% less ownership
Funds ownership: 103.91% [Q1] → 89.64% (-14.26%) [Q2]
46% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 140
56% less call options, than puts
Call options by funds: $8.65M | Put options by funds: $19.5M
Research analyst outlook
We haven’t received any recent analyst ratings for SRCL.
