Yahoo Finance Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Stericycle (SRCL)
Incorporated in 1989 and headquartered in Illinois, Stericycle, Inc. provides regulated business-to-business services in relation to the collection, disposal and processing of regulated and specialized waste.
SRCL is a Zacks Rank #2 (Buy) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 19.9X for the current fiscal year compared to the Waste Removal Services industry's P/E of 26.2X. Additionally, SRCL has a PEG Ratio of 2.5 and a Price/Cash Flow ratio of 10.9X. Value investors should also note SRCL's Price/Sales ratio of 1.6X.
Many value investors pay close attention to a company's earnings as well. For SRCL, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $2.32 per share for 2024. Per share SRCL boasts an average earnings surprise of 2.1%.
Investors should take the time to consider SRCL for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Stericycle, Inc. (SRCL) : Free Stock Analysis Report
