Yahoo Finance Here's Why Stericycle (SRCL) is a Strong Value Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and 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 21.6X for the current fiscal year compared to the Waste Removal Services industry's P/E of 27.3X. Additionally, SRCL has a PEG Ratio of 2.7 and a Price/Cash Flow ratio of 11.8X. Value investors should also note SRCL's Price/Sales ratio of 1.7X.
A company's earnings performance is important for value investors as well. For fiscal 2024, four analysts revised their earnings estimate higher in the last 60 days for SRCL, while the Zacks Consensus Estimate has increased $0.10 to $2.31 per share. SRCL also holds an average earnings surprise of 4.2%.
SRCL should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Stericycle, Inc. (SRCL) : Free Stock Analysis Report
