Fintel reports that on April 12, 2023, Goldman Sachs maintained coverage of Sterling Check (NASDAQ:STER) with a Buy recommendation.
Analyst Price Forecast Suggests 53.72% Upside
As of April 6, 2023, the average one-year price target for Sterling Check is $17.34. The forecasts range from a low of $14.14 to a high of $19.95. The average price target represents an increase of 53.72% from its latest reported closing price of $11.28.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Sterling Check is $804MM, an increase of 4.85%. The projected annual non-GAAP EPS is $1.20.
What are Other Shareholders Doing?
ESML - iShares ESG MSCI USA Small-Cap ETF holds 43K shares representing 0.04% ownership of the company.
Clearbridge Investments holds 729K shares representing 0.76% ownership of the company. In it's prior filing, the firm reported owning 733K shares, representing a decrease of 0.62%. The firm decreased its portfolio allocation in STER by 14.63% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 567K shares representing 0.59% ownership of the company. No change in the last quarter.
Geode Capital Management holds 502K shares representing 0.52% ownership of the company. In it's prior filing, the firm reported owning 486K shares, representing an increase of 3.21%. The firm decreased its portfolio allocation in STER by 16.17% over the last quarter.
Interval Partners holds 38K shares representing 0.04% ownership of the company. In it's prior filing, the firm reported owning 65K shares, representing a decrease of 72.73%. The firm decreased its portfolio allocation in STER by 32.21% over the last quarter.
What is the Fund Sentiment?
There are 225 funds or institutions reporting positions in Sterling Check.
This is an increase
of
13
owner(s) or 6.13% in the last quarter.
Average portfolio weight of all funds dedicated to STER is 0.21%,
an increase
of 56.68%.
Total shares owned by institutions decreased
in the last three months by 1.52% to 85,197K shares.
The put/call ratio of STER is 0.78, indicating a
bullish
outlook.
Sterling Check Background Information
(This description is provided by the company.)
Sterling is a world-class global provider of technology-enabled background and identity verification services, powered by robust cloud platforms and differentiated by both deep market knowledge and exceptional client service. Sterling provides the foundation of trust and safety to help organizations create great environments for their most essential resource, people. Sterling believes everyone has the right to feel safe. Sterling empowers over 40,000 clients, including over half of the Fortune 100, to make more informed hiring decisions, enhance workplace safety, protect their brand, and mitigate risk. Headquartered in New York City with operations around the world, Sterling conducts more than 75 million background checks annually.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
