STER - Sterling Check Corp. Stock Price, Fair Value and News

15.48USD+0.20 (+1.31%)Market Closed

Market Summary

USD15.48+0.20

Market Closed

1.31%

STER Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

STER Stock Price

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STER RSI Chart

STER Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

-174.69

Price/Sales (Trailing)

2.08

EV/EBITDA

103.79

Price/Free Cashflow

17.56

STER Price/Sales (Trailing)

STER Profitability

EBT Margin

-0.88%

Return on Equity

-1.19%

Return on Assets

-0.6%

Free Cashflow Yield

5.69%

STER Fundamentals

STER Revenue

Revenue (TTM)

726.4M

Rev. Growth (Yr)

3.75%

Rev. Growth (Qtr)

9.79%

STER Earnings

Earnings (TTM)

-8.7M

Earnings Growth (Yr)

-1.4K%

Earnings Growth (Qtr)

-135.08%

Breaking Down STER Revenue

Last 7 days

0.3%

Last 30 days

-0.1%

Last 90 days

21.1%

Trailing 12 Months

31.0%

How does STER drawdown profile look like?

STER Financial Health

Current Ratio

1.54

Debt/Equity

0.74

Debt/Cashflow

0.16

STER Investor Care

Buy Backs (1Y)

0.28%

Diluted EPS (TTM)

-0.1

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	726.4M	0	0	0
2023	754.1M	738.9M	720.1M	719.6M
2022	694.5M	740.7M	770.5M	766.8M
2021	501.0M	548.0M	594.9M	641.9M
2020	0	0	475.6M	454.1M
2019	0	0	0	497.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Sterling Check Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	kapoor mohit	acquired	-	-	1,011	-
Apr 01, 2024	jennings mark e	acquired	-	-	972	-
Mar 15, 2024	paglia lou	acquired	-	-	209,206	see remarks
Mar 15, 2024	stonehill price robyn	acquired	-	-	209,206	see remarks
Mar 15, 2024	barnett steven l	acquired	-	-	149,433	see remarks
Mar 15, 2024	peirez joshua l	acquired	-	-	597,729	see remarks
Mar 15, 2024	strong theresa	acquired	-	-	27,744	see remarks
Mar 06, 2024	strong theresa	sold (taxes)	-30,880	16.00	-1,930	see remarks
Mar 06, 2024	stonehill price robyn	sold (taxes)	-176,272	16.00	-11,017	see remarks
Mar 06, 2024	peirez joshua l	sold (taxes)	-1,060,780	16.00	-66,299	see remarks

Which funds bought or sold STER recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	Skandinaviska Enskilda Banken AB (publ)	new	-	2,296,080	2,296,080	0.01%
May 13, 2024	Nuveen Asset Management, LLC	reduced	-21.39	-132,144	1,306,200	-%
May 13, 2024	Boston Partners	sold off	-100	-20,068,500	-	-%
May 13, 2024	Clearbridge Investments, LLC	reduced	-95.08	-10,670,100	642,444	-%
May 13, 2024	NATIXIS	new	-	1,006,370	1,006,370	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	added	0.5	1,592,310	11,485,800	-%
May 13, 2024	FIRST TRUST ADVISORS LP	added	3.03	102,619	642,186	-%
May 13, 2024	Ameritas Investment Partners, Inc.	unchanged	-	6,796	50,588	-%
May 13, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-3.44	25,065	242,245	-%
May 13, 2024	RENAISSANCE TECHNOLOGIES LLC	new	-	2,068,000	2,068,000	-%

Are Funds Buying or Selling STER?

Are funds buying STER calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own STER

No. of Funds

Unveiling Sterling Check Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	goldman sachs group inc	52.8%	49,809,136	SC 13G/A
Feb 09, 2024	wellington management group llp	9.56%	9,011,966	SC 13G/A
Feb 14, 2023	goldman sachs group inc	61.8%	59,956,520	SC 13G/A
Feb 06, 2023	wellington management group llp	6.07%	5,890,392	SC 13G
Feb 14, 2022	goldman sachs group inc	62.6%	59,953,727	SC 13G
Feb 14, 2022	cummings ross m	11.6%	11,071,854	SC 13G

Recent SEC filings of Sterling Check Corp.

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Sterling Check Corp.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.1T	236.6B	-1.30%	34.86%	35.91	13.08	13.97%	24.86%
ADBE	213.2B	19.9B	0.36%	37.64%	44.4	10.69	10.76%	1.35%
CRWD	78.7B	3.1B	6.65%	143.16%	880.55	25.74	36.33%	148.75%
SQ	43.9B	22.9B	-7.59%	25.11%	88.03	1.92	23.28%	240.37%
AKAM	14.2B	3.9B	-10.00%	8.38%	22.66	3.65	7.01%	28.42%
FFIV	10.1B	2.8B	-8.61%	22.77%	20.2	3.62	0.20%	52.82%
MID-CAP
ALTR	7.2B	619.6M	5.65%	27.41%	747.77	11.56	7.11%	116.83%
HCP	6.4B	583.1M	33.69%	5.39%	-33.36	10.91	22.54%	30.49%
ACIW	3.9B	1.5B	14.28%	46.34%	26.4	2.61	6.51%	54.77%
APPN	2.5B	560.0M	-12.71%	-6.88%	-22.89	4.4	14.52%	34.67%
SMALL-CAP
CSGS	1.3B	1.2B	-10.23%	-12.38%	19.99	1.1	3.70%	18.24%
ATEN	1.2B	254.7M	20.38%	12.56%	25.67	4.61	-7.51%	2.74%
BAND	579.7M	634.3M	26.18%	94.49%	-19.86	0.91	9.43%	-197.31%
DTSS	21.7M	23.3M	-15.41%	-58.96%	-1.89	0.93	336.57%	-92.79%
BLIN	13.1M	15.6M	-2.33%	34.04%	-1.32	0.84	-6.37%	-5256.07%

Sterling Check Corp. News

Latest updates

Sterling Check Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	9.8%	185,999,000	169,416,000	180,566,000	190,384,000	179,274,000	169,920,000	199,299,000	205,591,000	191,972,000	173,629,000	169,557,000	159,328,000	139,370,000	128,486,000	117,602,000	-
Costs and Expenses	23.3%	193,083,000	156,593,000	165,516,000	181,553,000	169,385,000	169,984,000	179,311,000	182,485,000	175,997,000	165,956,000	200,066,000	144,531,000	130,963,000	-	-	-
S&GA Expenses	53.5%	59,890,000	39,012,000	42,382,000	44,910,000	47,451,000	48,829,000	42,411,000	41,886,000	42,333,000	45,506,000	84,983,000	38,605,000	29,606,000	-	25,391,000	-
EBITDA Margin	-51.2%	0.03	0.05	0.03	0.04	0.07	0.09	0.12	0.06	0.05	0.03	-0.01	-0.01	-0.01	-	-	-
Interest Expenses	-10.5%	-10,312,000	-9,330,000	-9,305,000	-8,990,000	-8,608,000	-8,828,000	-7,764,000	-6,619,000	-6,336,000	-8,016,000	-7,668,000	-7,603,000	-7,570,000	-	7,817,000	-
Income Taxes	-221.5%	-9,000,000	7,406,500	3,952,000	-100,000	1,100,000	-4,277,000	3,481,000	5,400,000	4,085,000	-2,344,500	-12,633,000	4,000,000	500,000	-	5,727,000	-
Earnings Before Taxes	-522.8%	-16,973,000	4,014,000	6,306,000	238,000	1,693,000	-11,952,000	12,784,000	16,963,000	10,321,000	323,500	-37,889,000	7,423,000	1,154,000	-	-4,659,000	-
EBT Margin	-151.9%	-0.01	0.02	-0.01	0.00	0.03	0.04	0.05	-0.01	-0.03	-0.05	-0.11	-0.12	-0.13	-	-	-
Net Income	-135.1%	-7,955,000	-3,384,000	2,354,000	323,000	591,000	-7,700,000	9,303,000	11,571,000	6,236,000	2,704,000	-25,256,000	3,397,000	628,000	-1,060,000	-10,386,000	-
Net Income Margin	-7306.8%	-0.01	0.00	-0.01	0.00	0.02	0.03	0.04	-0.01	-0.02	-0.03	-0.04	-0.01	-0.07	-	-	-
Free Cashflow	-90.0%	3,001,000	30,002,000	31,994,000	21,163,000	11,142,000	30,145,000	39,607,000	28,063,000	1,950,000	29,064,000	-7,723,000	22,393,000	21,637,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Assets	6.4%	1,451	1,363	1,387	1,401	1,412	1,407	1,425	1,416	1,395	1,372	1,430	1,316
Current Assets	13.8%	256	225	239	240	227	271	282	259	222	200	328	163
Cash Equivalents	23.6%	67.00	54.00	50.00	49.00	51.00	103	99.00	66.00	44.00	48.00	192	67.00
Net PPE	-4.8%	7.00	8.00	7.00	7.00	10.00	10.00	11.00	12.00	12.00	11.00	10.00	14.00
Goodwill	2.7%	903	879	878	879	27.00	850	849	850	852	853	831	832
Liabilities	9.3%	723	661	666	670	680	671	677	680	674	663	729	733
Current Liabilities	12.4%	167	148	139	133	130	134	127	130	124	130	106	86.00
Long Term Debt	12.8%	541	480	483	487	490	494	496	497	498	499	599	602
LT Debt, Current	0%	15.00	15.00	13.00	11.00	9.00	8.00	6.00	6.00	6.00	6.00	-	13.00
LT Debt, Non Current	-100.0%	-	480	483	487	490	494	496	497	498	499	599	602
Shareholder's Equity	3.7%	728	702	721	731	733	737	748	736	721	710	701	583
Retained Earnings	-4.3%	-194	-186	-183	-185	-185	-186	-179	-188	-200	-206	-208	-187
Additional Paid-In Capital	4.5%	1,027	983	972	961	951	943	936	928	922	917	911	771
Shares Outstanding	5.0%	98.00	93.00	95.00	97.00	98.00	97.00	94.00	94.00	94.00	96.00	89.00	-
Float	-	-	-	-	530	-	-	-	563	-	704	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	-88.2%	3,674	31,185	32,778	21,616	11,282	30,665	40,319	29,834	3,445	29,679	-6,364	23,307	21,983	-	-	-
Share Based Compensation	25.1%	9,342	7,466	9,783	9,358	8,043	6,381	6,293	6,023	5,108	5,344	25,583	755	898	-	-	-
Cashflow From Investing	-1254.1%	-76,099	-5,620	-6,132	-4,643	-53,055	-4,464	-4,799	-5,640	-5,233	-70,777	-5,304	-5,110	-4,185	-	-	-
Cashflow From Financing	483.6%	85,667	-22,331	-24,214	-18,980	-10,378	-22,930	-151	-1,087	-1,771	-103,387	110,534	-8,107	-127	-	-	-
Buy Backs	-68.5%	6,832	21,719	20,701	17,631	7,711	13,962	-	-	-	-	-	-	-	-	-	-

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STER Income Statement

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
REVENUES	$ 185,999	$ 179,274
OPERATING EXPENSES:
Cost of revenues (exclusive of depreciation and amortization below)	104,041	94,754
Corporate technology and production systems	13,214	11,952
Selling, general and administrative	59,890	47,451
Depreciation and amortization	15,770	15,122
Impairments and disposals of long-lived assets	168	106
Total operating expenses	193,083	169,385
OPERATING (LOSS) INCOME	(7,084)	9,889
OTHER EXPENSE (INCOME):
Interest expense, net	10,312	8,608
Other income	(423)	(412)
Total other expense, net	9,889	8,196
(LOSS) INCOME BEFORE INCOME TAXES	(16,973)	1,693
Income tax (benefit) provision	(9,018)	1,102
NET (LOSS) INCOME	(7,955)	591
Unrealized gain (loss) on hedged transactions, net of tax expense (benefit) of $1,041 and $(1,815), respectively	3,020	(5,159)
Foreign currency translation adjustments, net of tax expense of $0 and $0, respectively	(2,251)	682
Total other comprehensive income (loss)	769	(4,477)
COMPREHENSIVE LOSS	$ (7,186)	$ (3,886)
Net (loss) income per share attributable to stockholders
Basic (in USD per share)	$ (0.09)	$ 0.01
Diluted (in USD per share)	$ (0.09)	$ 0.01
Weighted average number of shares outstanding
Basic (in shares)	90,274,094	92,877,506
Diluted (in shares)	90,274,094	95,350,342

STER Balance Sheet

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 66,979	$ 54,224
Accounts receivable (net of allowance for credit losses of $2,933 and $2,816 at March 31, 2024 and December 31, 2023, respectively)	157,392	142,179
Insurance receivable	2,895	2,937
Prepaid expenses	11,382	9,651
Other current assets	17,276	15,800
Total current assets	255,924	224,791
Property and equipment, net	7,329	7,695
Goodwill	902,862	879,408
Intangible assets, net	264,558	230,212
Deferred tax assets	4,748	4,818
Operating leases right-of-use asset	5,872	6,452
Other noncurrent assets, net	9,733	10,067
TOTAL ASSETS	1,451,026	1,363,443
CURRENT LIABILITIES:
Accounts payable	47,486	38,879
Litigation settlement obligation	5,224	5,279
Accrued expenses	73,605	63,987
Current portion of long-term debt	15,000	15,000
Operating leases liability, current portion	3,879	4,219
Income tax payable, current portion	3,523	8,933
Other current liabilities	17,832	11,839
Total current liabilities	166,549	148,136
Long-term debt, net	541,242	479,788
Deferred tax liabilities	900	14,239
Long-term operating leases liability, net of current portion	6,606	7,278
Other liabilities	7,717	12,058
Total liabilities	723,014	661,499
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS’ EQUITY:
Preferred stock ($0.00 par value; 100,000 shares authorized; no shares issued or outstanding)	0	0
Common stock ($0.00 par value; 1,000,000 shares authorized; 105,320 shares issued and 97,812 shares outstanding at March 31, 2024; 99,966 shares issued and 93,194 shares outstanding at December 31, 2023)	156	98
Additional paid-in capital	1,027,214	983,283
Common stock held in treasury (7,509 and 6,772 shares at March 31, 2024 and December 31, 2023, respectively)	(99,653)	(88,918)
Accumulated deficit	(194,519)	(186,564)
Accumulated other comprehensive loss	(5,186)	(5,955)
Total stockholders’ equity	728,012	701,944
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,451,026	$ 1,363,443

About Sterling Check Corp.

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. It also 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. 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.

CEO	Mr. Joshua L. Peirez
WEBSITE	sterlingcheck.com
INDUSTRY	Software - Infra
EMPLOYEES	6000

Sterling Check Corp. Frequently Asked Questions

What is the ticker symbol for Sterling Check Corp.? What does STER stand for in stocks?

STER is the stock ticker symbol of Sterling Check Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sterling Check Corp. (STER)?

As of Tue May 14 2024, market cap of Sterling Check Corp. is 1.51 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STER stock?

You can check STER's fair value in chart for subscribers.

What is the fair value of STER stock?

You can check STER's fair value in chart for subscribers. The fair value of Sterling Check Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sterling Check Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STER so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sterling Check Corp. a good stock to buy?

The fair value guage provides a quick view whether STER is over valued or under valued. Whether Sterling Check Corp. is cheap or expensive depends on the assumptions which impact Sterling Check Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STER.

What is Sterling Check Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 14 2024, STER's PE ratio (Price to Earnings) is -174.69 and Price to Sales (PS) ratio is 2.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STER PE ratio will change depending on the future growth rate expectations of investors.