Stericycle Stock Hits New 52-Week High (SRCL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Stericycle Incorporated (Nasdaq: SRCL) hit a new 52-week high Thursday as it is currently trading at $95.56, above its previous 52-week high of $95.44 with 298,948 shares traded as of 12:14 p.m. ET. Average volume has been 392,500 shares over the past 30 days.

Stericycle has a market cap of $8.1 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 21.6% year to date as of the close of trading on Wednesday.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Stericycle as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. 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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