Stericycle Inc (NASDAQ: SRCL) stock enjoyed a major increase of 15.4% on 5/24/24. The shares closed at $51.65. Moreover, trading volume in this advance was exceptionally high at 344% of normal. The stock has risen 10.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SRCL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Stericycle has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Stericycle has a slightly negative Appreciation Score of 32 but a good Power Rating of 74, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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