Stericycle Maintains Core Focus Despite Prevailing Risks
Zacks Investment Research | Jun 04, 2017 09:30PM ET
On Jun 5, we issued an updated research report on waste management firm Stericycle, Inc. (NASDAQ:SRCL) .
Headquartered in Lake Forest, IL, Stericycle is a leading provider of regulated medical waste management and product recall and return services in the U.S. It operates a national medical waste management network that caters to medical schools, hospitals and other healthcare providers. Medical waste includes single-use disposables like needles, syringes, gloves, and other supplies that have been in contact with blood or other body fluids, blood products and other items that can spread infection. The company operates in about 22 countries across the globe, with a network of over 650 facilities worldwide.
Stericycle’s network is the largest in the industry and provides it with routing efficiencies for its vehicles from the customer sites to the collection and processing facilities. This network is difficult to replicate and the lower costs further allow Stericycle to compete effectively on both service and price. Collection and transportation of medical waste account for the largest percentage of Stericycle’s operating costs and thus, gaining efficiencies in these is critical.
With a diligent execution of operational plans, Stericycle’s shares have performed relatively better than the Zacks categorized Original post
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