StepStone Group Inc (STEP) concluded trading on Wednesday at a closing price of $60.69, with 0.42 million shares of worth about $25.43 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.57% during that period and on January 08, 2025 the price saw a gain of about 2.90%. Currently the company’s common shares owned by public are about 72.68M shares, out of which, 62.58M shares are available for trading.
Stock saw a price change of 4.85% in past 5 days and over the past one month there was a price change of 0.80%. Year-to-date (YTD), STEP shares are showing a performance of 4.85% which increased to 87.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.45 but also hit the highest price of $70.38 during that period. The average intraday trading volume for StepStone Group Inc shares is 585.17K. The stock is currently trading 0.97% above its 20-day simple moving average (SMA20), while that difference is down -2.82% for SMA50 and it goes to 19.77% higher than SMA200.
StepStone Group Inc (NASDAQ: STEP) currently have 72.68M outstanding shares and institutions hold larger chunk of about 91.86% of that.
The stock has a current market capitalization of $6.99B and its 3Y-monthly beta is at 1.31. PE ratio of stock for trailing 12 months is 97.86, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 6.00 while making debt-to-equity ratio of 0.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STEP, volatility over the week remained 3.42% while standing at 3.20% over the month.
Analysts are in expectations that StepStone Group Inc (STEP) stock would likely to be making an EPS of 0.48 in the current quarter, while forecast for next quarter EPS is 0.48 and it is 2.23 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.45 which is 0.52 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.37 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 52.58% while it is estimated to increase by 15.47% in next year. EPS is likely to grow at an annualized rate of 16.30% for next 5-years, compared to annual growth of -13.21% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on April 11, 2024 offering an Overweight rating for the stock and assigned a target price range of between $40 and $49 to it. Coverage by Oppenheimer stated StepStone Group Inc (STEP) stock as an Outperform in their note to investors on March 20, 2024, suggesting a price target of $48 for the stock. On September 07, 2022, BofA Securities Initiated their recommendations, while on August 31, 2022, Barclays Initiated their ratings for the stock with a price target of $33. Stock get an Equal-weight rating from Morgan Stanley on July 19, 2022.
