Stericycle Inc (SRCL) Retains Consistent Earnings Growth with Niche Business

March 19, 2014

Chief Investment Officer Ryan Crane of Stephens Investment Management says Stericycle Inc (SRCL) is one of his firm’s core growth stocks, as the waste management company has offered consistent, solid earnings for the past decade.

Stericycle is a very consistent, very, very predictable company. In fact, if you were to pull up a history of Stericycle’s quarterly earnings or quarterly revenues over the last five or 10 years or something like that, it’s been incredibly stable,” Crane said.

FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE.

Stericycle Inc has flown under the radar of other waste disposal companies, Crane says, and with its specialized business has seen consistent and predictable growth.

“[Stericycle has] carved out a niche business of very profitable, very high recurring revenues, with very sticky customer relationships,” Crane said. “It’s as consistent as I have ever seen a company in terms of their ability to grow revenues quarter in and quarter out.”