Lapides Asset Management Raised By $947,100 Its Stericycle (SRCL) Holding; Cyberoptics Has 1.88 Sentiment

June 23, 2017 - By Vivian Park

Lapides Asset Management Llc increased Stericycle Inc (SRCL) stake by 66.85% reported in 2016Q4 SEC filing. Lapides Asset Management Llc acquired 12,300 shares as Stericycle Inc (SRCL)’s stock declined 1.87%. The Lapides Asset Management Llc holds 30,700 shares with $2.37M value, up from 18,400 last quarter. Stericycle Inc now has $6.66 billion valuation. It closed at $77.21 lastly. It is down 14.12% since June 23, 2016 and is downtrending. It has underperformed by 30.82% the S&P500.

Cyberoptics Corporation is a developer and maker of sensing technology solutions. The company has market cap of $153.14 million. The Company’s services and products are used in the surface mount technology , semiconductor and three dimensional (3D) scanning solutions and services markets. It has a 17.63 P/E ratio. The Company’s products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets.

Ratings analysis reveals 100% of CyberOptics’s analysts are positive. Out of 2 Wall Street analysts rating CyberOptics, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $20.0 while the high is $27.0. The stock’s average target of $23.50 is 4.68% above today’s ($22.45) share price. CYBE was included in 2 notes of analysts from August 26, 2016. Lake Street initiated the stock with “Buy” rating in Friday, August 26 report. Dougherty & Company initiated it with “Buy” rating and $27.0 target in Wednesday, September 7 report.

Granite Point Capital Management L.P. holds 0.83% of its portfolio in CyberOptics Corporation for 40,000 shares. Eam Investors Llc owns 126,557 shares or 0.44% of their US portfolio. Moreover, White Pine Capital Llc has 0.31% invested in the company for 27,575 shares. The Illinois-based Oberweis Asset Management Inc has invested 0.29% in the stock. Hillsdale Investment Management Inc., a Ontario – Canada-based fund reported 36,400 shares.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $169,896 activity.

Analysts await CyberOptics Corporation (NASDAQ:CYBE) to report earnings on July, 27. They expect $0.17 earnings per share, down 41.38% or $0.12 from last year’s $0.29 per share. CYBE’s profit will be $1.16M for 33.01 P/E if the $0.17 EPS becomes a reality. After $-0.03 actual earnings per share reported by CyberOptics Corporation for the previous quarter, Wall Street now forecasts -666.67% EPS growth.

It closed at $22.45 lastly. It is down 33.75% since June 23, 2016 and is uptrending. It has outperformed by 17.05% the S&P500.

Among 13 analysts covering Stericycle (NASDAQ:SRCL), 4 have Buy rating, 3 Sell and 6 Hold. Therefore 31% are positive. Stericycle had 35 analyst reports since August 14, 2015 according to SRatingsIntel. Wedbush maintained the shares of SRCL in report on Monday, May 2 with “Neutral” rating. Raymond James upgraded the stock to “Outperform” rating in Tuesday, September 8 report. Wedbush maintained the shares of SRCL in report on Thursday, September 22 with “Neutral” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 23 report. The rating was maintained by Barrington Research on Wednesday, February 22 with “Outperform”. The rating was initiated by Sterne Agee CRT on Tuesday, March 22 with “Buy”. RBC Capital Markets downgraded Stericycle Inc (NASDAQ:SRCL) on Friday, April 29 to “Underperform” rating. The firm has “Neutral” rating by Northcoast given on Tuesday, September 20. The firm has “Buy” rating given on Friday, August 14 by Zacks. The rating was maintained by Imperial Capital with “In-Line” on Thursday, May 26.

Investors sentiment increased to 0.85 in Q4 2016. Its up 0.08, from 0.77 in 2016Q3. It is positive, as 81 investors sold SRCL shares while 187 reduced holdings. 82 funds opened positions while 147 raised stakes. 78.81 million shares or 2.60% more from 76.82 million shares in 2016Q3 were reported. Montecito Bancorp And Trust accumulated 2,467 shares. Investor holds 0.06% or 10,000 shares in its portfolio. Earnest Prtnrs Limited Liability Company holds 43 shares or 0% of its portfolio. Papp L Roy And Associates holds 12,360 shares. Farr Miller Washington Lc Dc invested in 0.04% or 4,991 shares. Obermeyer Wood Inv Counsel Lllp has invested 0.11% in Stericycle Inc (NASDAQ:SRCL). Advantus Cap Mngmt holds 0.02% in Stericycle Inc (NASDAQ:SRCL) or 8,373 shares. Gofen And Glossberg Il reported 51,202 shares stake. Ironwood Invest Counsel Ltd Llc holds 0.1% in Stericycle Inc (NASDAQ:SRCL) or 2,910 shares. A D Beadell Counsel has invested 0.74% in Stericycle Inc (NASDAQ:SRCL). Tiaa Cref Investment Llc invested 0.07% in Stericycle Inc (NASDAQ:SRCL). Eagle Asset Mngmt holds 0.02% in Stericycle Inc (NASDAQ:SRCL) or 31,774 shares. Alecta Pensionsforsakring Omsesidigt stated it has 0.5% in Stericycle Inc (NASDAQ:SRCL). Gyroscope Capital Mgmt Ltd Co reported 3,232 shares. Blackrock Japan Com Ltd owns 118,759 shares or 0.03% of their US portfolio.

Lapides Asset Management Llc decreased Tetra Tech Inc (NASDAQ:TTEK) stake by 23,400 shares to 128,500 valued at $5.55M in 2016Q4. It also reduced Celanese Corp Ser A (NYSE:CE) stake by 28,500 shares and now owns 86,100 shares. Westrock Co was reduced too.

Since February 1, 2017, it had 2 insider purchases, and 0 insider sales for $326,368 activity. 1,000 shares were bought by Murley Robert S, worth $76,218 on Wednesday, February 1. On Thursday, February 23 the insider ZAFIROVSKI MIKE S bought $250,150.