Steris Plc (STE): Street Finally Waking Up

Currently, there are 98.63M common shares owned by the public and among those 98.52M shares have been available to trade.

Insiders at the company have transacted a total of 43 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 13 of these insider trades were purchases, accounting for 39,428 shares. Insider sales of the common stock occurred on 30 occasions, with total insider shares sold totaling 34,421 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 235.22, down -0.78%. The company’s stock has a 5-day price change of 3.10% and 13.61% over the past three months. STE shares are trading 5.18% year to date (YTD), with the 12-month market performance up to 16.71% higher. It has a 12-month low price of $173.21 and touched a high of $254.00 over the same period. STE has an average intraday trading volume of 468.97K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.35%, 6.31%, and 6.88% respectively.

Institutional ownership of Steris Plc (NYSE: STE) shares accounts for 96.41% of the company’s 98.63M shares outstanding.

It has a market capitalization of $22.85B and a beta (3y monthly) value of 0.80. The stock’s trailing 12-month PE ratio is 40.55, while the earnings-per-share (ttm) stands at $5.70. The company has a PEG of 4.06 and a Quick Ratio of 1.49 with the debt-to-equity ratio at 0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.72% over the week and 2.10% over the month.

Analysts forecast that Steris Plc (STE) will achieve an EPS of $2.42 for the current quarter, $2.21 for the next quarter and $9.53 for 2025. The lowest estimate earnings-per-share for the quarter is $2.36 while analysts give the company a high EPS estimate of $2.52. Comparatively, EPS for the current quarter was $2.3 a year ago. Earnings per share for the fiscal year are expected to increase by 5.63%, and 10.04% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to -20.65% over the past 5-year period.

Looking at the support for the STE, a number of firms have released research notes about the stock. KeyBanc Capital Markets stated their Overweight rating for the stock in a research note on February 06, 2024, with the firm’s price target at $253.

Most Popular

Related Posts