Stock Rating Downgrade
The Value Trend Rating for Stericycle Inc (NASDAQ: SRCL) weakened during the last several trading days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Stericycle Inc (NASDAQ: SRCL) stock closed at $43.04 on 11/10/23 after a large increase of 2.7%. The stock has risen 3.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
SRCL is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Stericycle has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Stericycle has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 52, resulting in the Negative Value Trend Rating.
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