Stericycle Reaches New 52-Week High (SRCL)

NEW YORK ( TheStreet) -- Stericycle Incorporated (Nasdaq: SRCL) hit a new 52-week high Monday as it is currently trading at $93.65, above its previous 52-week high of $93.59 with 99,306 shares traded as of 11:34 a.m. ET. Average volume has been 457,100 shares over the past 30 days.

Stericycle has a market cap of $7.87 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 18.8% year to date as of the close of trading on Friday.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. The company has a P/E ratio of 33, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Stericycle as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, robust revenue growth, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Stericycle Ratings Report.

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