Sterling Check (STER) Set to Announce Earnings on Tuesday

Sterling Check (NASDAQ:STERGet Rating) will be releasing its earnings data before the market opens on Tuesday, May 10th. Analysts expect Sterling Check to post earnings of $0.21 per share for the quarter. Sterling Check has set its FY 2022 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Sterling Check (NASDAQ:STERGet Rating) last posted its quarterly earnings data on Wednesday, March 2nd. The company reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.06. The company had revenue of $173.60 million for the quarter, compared to analyst estimates of $152.50 million. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. On average, analysts expect Sterling Check to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ STER opened at $26.95 on Tuesday. Sterling Check has a 12 month low of $17.27 and a 12 month high of $28.99. The company has a 50-day moving average of $23.95 and a 200-day moving average of $22.71. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.70.

Institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG purchased a new stake in shares of Sterling Check during the third quarter valued at approximately $34,000. Legal & General Group Plc raised its stake in shares of Sterling Check by 49.0% during the fourth quarter. Legal & General Group Plc now owns 1,490 shares of the company’s stock valued at $31,000 after purchasing an additional 490 shares during the period. Citigroup Inc. raised its stake in shares of Sterling Check by 255.2% during the fourth quarter. Citigroup Inc. now owns 4,540 shares of the company’s stock valued at $93,000 after purchasing an additional 3,262 shares during the period. Metropolitan Life Insurance Co NY purchased a new stake in shares of Sterling Check during the fourth quarter valued at approximately $111,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Sterling Check during the third quarter valued at approximately $146,000. Institutional investors own 85.46% of the company’s stock.

Several research analysts recently commented on STER shares. Morgan Stanley lowered shares of Sterling Check from an “overweight” rating to an “equal weight” rating and set a $26.00 price target on the stock. in a report on Monday, April 11th. KeyCorp raised their price target on shares of Sterling Check from $25.00 to $29.00 and gave the company an “overweight” rating in a report on Friday, April 1st. Barclays cut their price target on shares of Sterling Check from $28.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 16th. Robert W. Baird cut their price target on shares of Sterling Check from $34.00 to $31.00 in a report on Thursday, March 3rd. Finally, Zacks Investment Research lowered shares of Sterling Check from a “buy” rating to a “sell” rating in a report on Friday, April 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $28.78.

About Sterling Check (Get Rating)

Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and live video chat identification proofing; fingerprinting; background checks, including criminal record checks, sex offender registries, civil court records, motor vehicle and driving license records, executive investigations, credit reports, social media searches, and contingent workforce solutions; liens, judgments, and bankruptcies; and sanctions, risk, and compliance checks.

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