Stericycle Incorporated Deposit Shs Repr 1/10th 5 1/4 % Mand Conv Pfd Shs Series A

Stericycle, Inc. engages in the provision of waste management services. It operates through the following segments: North America and International. The North America and International segments offer the following services: Regulated Waste and Compliance Services (RWCS), Secure Information Destruction Services (SID), Communication and Related Services (CRS). The RWCS provides collection and processing of regulated and specialized waste, including medical (including reusable sharps disposal management services), pharmaceutical and hazardous waste, for disposal and compliance programs. The SID provides a collection of personal and confidential information for secure destruction and recycling of shredded paper. The CRS includes communication services such as appointment reminders, secure messaging, event registration and other communications for hospitals and IDN’s. The company was founded by James W. Sharp in March 1989 and is headquartered in Lake Forest, IL.

Stericycle

Waste Management

Waste Management will acquire Stericycle in a $7.2 billion deal, the companies said Monday. WM will acquire all outstanding shares of Stericycle for $62 per share in cash, representing the deal's total value when including Stericycle's net debt of around $1.4 billion.

Waste Management to acquire Stericycle in $7.2 billion deal

SRCL's Q1 2024 operating margins beat expectations, and the company's EBITDA margin is expected to improve significantly for full-year 2024. I anticipate that Stericycle's Secure Information Destruction segment can realize a turnaround due to a more favorable base for YoY comparison in 2H and the introduction of a subscription service. My Buy rating for SRCL stays intact following an assessment of its outlook and valuations.

Stericycle: Watch Potential Revenue Recovery And Margin Improvement

SRCL is targeting to deliver an impressive +13%-17% EBITDA expansion on an annual basis for the FY 2023-2027 time frame. Stericycle might be ready to embark on accretive acquisitions, after having completed 19 asset or business sales in the last five years. I retain a Buy rating for SRCL, as I have a positive view of the company's prospects for the long run.

Stericycle: Consider Long-Term Outlook And Potential M&A

SRCL has left its full-year guidance intact, even though its Q1 2023 headline sales and organic revenue growth rates were above expectations. Stericycle appears to have the intention of executing on more value-accretive divestments and acquisitions in the future. I maintain my Buy rating for SRCL, as there are more potential positive surprises ahead for investors relating to its financial performance and portfolio optimization activities.

Stericycle: More Positive Surprises Ahead

A significant earnings miss and talk of a challenging business environment drove investors away from the shares.

Why Stericycle Stock Tanked This Week

Shares of Stericycle Inc. SRCL, +1.06% rose 1.1% in midday trading Wednesday, after the waste management services company agreed to pay $90 million to resolve anti-corruption investigations with U.S. and Brazilian regulators. The investigations, by the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange Commission and Brazil's Comptroller General's Office (CGU) and Attorney General's Office (AGU), began in 2017 and were focused on conduct by employees in its Latin America businesses, including those in Argentina, Mexico and Brazil; the company has since sold its operations in Argentina and Mexico.

Stericycle to pay $90 million to resolve anti-corruption investigations with U.S., Brazil authorities

Stericycle's (SRCL) fourth-quarter 2021 earnings decline year over year.

Stericycle (SRCL) Gains 3.2% Despite Missing on Q4 Earnings

Stericycle, Inc. (SRCL) CEO Cindy Miller on Q4 2021 Results - Earnings Call Transcript

Stericycle (SRCL) delivered earnings and revenue surprises of -13.64% and 0.37%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Stericycle (SRCL) Misses Q4 Earnings and Revenue Estimates

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The Good And Bad: Zions And Stericycle

Lower operating performance hurts Stericycle's (SRCL) third-quarter 2021 bottom line.

Stericycle (SRCL) Q3 Earnings Miss Estimates, Stock Drops 5%

Stericycle, Inc. (SRCL) CEO Cindy Miller on Q3 2021 Results - Earnings Call Transcript

Stericycle (SRCL) delivered earnings and revenue surprises of -22.81% and -2.83%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Stericycle (SRCL) Misses Q3 Earnings and Revenue Estimates

Stericycle: A Successful Turnaround Is Likely

Stericycle, Inc. (SRCL) CEO Cindy Miller on Q2 2021 Results - Earnings Call Transcript

Shares of Stericycle (NASDAQ:SRCL) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 45.65% year over year to $0.67, which missed the estimate of $0.69.

Stericycle: Q2 Earnings Insights

Stericycle (SRCL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Stericycle (SRCL)

Higher adjusted income from operations, lower interest expenses and favorable impact from foreign exchange rates drive Stericycle's (SRCL) March-end financials.

Stericycle (SRCL) Stock Up 4.6% Owing to Q1 Earnings Beat

Stericycle, Inc. (SRCL) CEO Cindy Miller on Q1 2021 Results - Earnings Call Transcript

Stericycle (SRCL) delivered earnings and revenue surprises of 20.34% and 2.12%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Stericycle (SRCL) Q1 Earnings and Revenues Top Estimates

Stericycle (SRCL) reported earnings 30 days ago. What's next for the stock?

Why Is Stericycle (SRCL) Up 1.3% Since Last Earnings Report?

Stericycle (SRCL) fourth-quarter results are hurt by the impact of divestitures and COVID-19 pandemic-related business disruption.

Stericycle (SRCL) Misses Q4 Earnings Estimates, Down Y/Y

Stericycle, Inc.'s (SRCL) CEO Cindy Miller on Q4 2020 Results - Earnings Call Transcript

Company will pay civil penalty and provide funds to local school district to purchase new, efficient school buses to reduce pollution and protect the environment BANNOCKBURN, Ill., Jan. 29, 2021 /PRNewswire/ - Stericycle, Inc. today announced it has entered into a settlement agreement...

News for Stericycle Incorporated Deposit Shs Repr 1/10th 5 1/4 % Mand Conv Pfd Shs Series A Stock (SRCLP)