WIKIFX REPORT: Analyzing Sterling Check (STER) and Its Rivals

The company was formerly known as Sterling Ultimate Parent Corp. and changed its name to Sterling Check Corp. in August 2021. Sterling Check Corp. was founded in 1975 and is headquartered in New York, New York.

As of August 22, 2022, Sterling Check Corp had a $2.1 billion market capitalization, putting it in the 72nd percentile of companies in the Employment Services industry.

Currently, Sterling Check Corp‘s price-earnings ratio is . Sterling Check Corp’s trailing 12-month revenue is $740.7 million with a -0.6% profit margin. Year-over-year quarterly sales growth most recently was -31.2%. Analysts expect adjusted earnings to reach $1.179 per share for the current fiscal year. Sterling Check Corp does not currently pay a dividend.

Sterling Check (NASDAQ:STER – Get Rating) is one of 145 public companies in the “Data processing & preparation” industry, but how does it weigh in compared to its peers？ We will compare Sterling Check to similarAnalyzing Sterling Check (STER) and Its Rivals

companies based on the strength of its analyst recommendations, risk, valuation, earnings, institutional ownership, profitability and dividends. 85.5% of Sterling Check shares are held by institutional investors.

Comparatively, 50.7% of shares of all “Data processing & preparation” companies are held by institutional investors. 6.8% of Sterling Check shares are held by company insiders. Comparatively, 19.8% of shares of all “Data processing & preparation” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

This table compares Sterling Check and its peers top-line revenue, earnings per share (EPS) and valuation. This is a breakdown of current ratings and recommmendations for Sterling Check and its peers, as provided by MarketBeat. Sterling Check currently has a consensus target price of $28.63, indicating a potential upside of 32.52%.

As a group, “Data processing & preparation” companies have a potential upside of 52.42%. Given Sterling Check‘s peers higher possible upside, analysts plainly believe Sterling Check has less favorable growth aspects than its peers. This table compares Sterling Check and its peers’ net margins, return on equity and return on assets. 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.

Additionally, it provides credential verification services, which include employment verification, education verification, credential verification, professional reference checks, and department of transportation; drug and health screening; onboarding solutions, including Sterling I-9 that integrates a suite of screening and onboarding services and onboarding forms; and workforce, medical license, and motor vehicle records monitoring solutions.

The company's services are delivered through its cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs. It serves a client base in a range of industries, such as healthcare, gig economy, financial and business services, industrials, retail, contingent, technology, media and entertainment, transportation and logistics, hospitality, education, and government.