In the past week, STER stock has gone down by -5.08%, with a monthly decline of -7.40% and a quarterly surge of 10.22%. The volatility ratio for the week is 2.30%, and the volatility levels for the last 30 days are 1.60% for Sterling Check Corp The simple moving average for the last 20 days is -6.65% for STER stock, with a simple moving average of 10.18% for the last 200 days.
Is It Worth Investing in Sterling Check Corp (NASDAQ: STER) Right Now?
The 36-month beta value for STER is at 0.49. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for STER is 81.36M, and currently, shorts hold a 1.85% of that float. The average trading volume for STER on April 19, 2024 was 661.19K shares.
STER) stock’s latest price update
Sterling Check Corp (NASDAQ: STER)’s stock price has decreased by -1.93 compared to its previous closing price of 15.06. However, the company has seen a -5.08% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-19 that Sterling Check is a digital identity services firm that specializes in background checks and employment verifications. The company has agreed to be acquired by First Advantage Corporation in a cash and shares deal. The deal is expected to close in the third quarter of 2024 and offers a potential 9.3% internal rate of return for investors.
Analysts’ Opinion of STER
Many brokerage firms have already submitted their reports for STER stocks, with Citigroup repeating the rating for STER by listing it as a “Neutral.” The predicted price for STER in the upcoming period, according to Citigroup is $13 based on the research report published on November 16, 2023 of the previous year 2023.
STER Trading at -1.18% from the 50-Day Moving Average
After a stumble in the market that brought STER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.45% of loss for the given period.
Volatility was left at 1.60%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares sank -9.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.41% upper at present.
During the last 5 trading sessions, STER fell by -5.08%, which changed the moving average for the period of 200-days by +21.07% in comparison to the 20-day moving average, which settled at $15.75. In addition, Sterling Check Corp saw 6.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STER starting from Jones Adrian M, who purchase 157 shares at the price of $13.44 back on Dec 22 ’23. After this action, Jones Adrian M now owns 49,808,542 shares of Sterling Check Corp, valued at $2,110 using the latest closing price.
GOLDMAN SACHS GROUP INC, the 10% Owner of Sterling Check Corp, purchase 157 shares at $13.44 during a trade that took place back on Dec 22 ’23, which means that GOLDMAN SACHS GROUP INC is holding 49,808,542 shares at $2,110 based on the most recent closing price.
Stock Fundamentals for STER
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.43 for the gross margin
The net margin for Sterling Check Corp stands at -0.0. The total capital return value is set at 0.04. Equity return is now at value -0.02, with -0.01 for asset returns.
Based on Sterling Check Corp (STER), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 1.69.
Currently, EBITDA for the company is 153.75 million with net debt to EBITDA at 3.64. When we switch over and look at the enterprise to sales, we see a ratio of 2.64. The receivables turnover for the company is 4.96for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Sterling Check Corp (STER) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
