Steris Plc Stock Today

STE Stock  USD 200.81  0.57  0.28%   

Performance

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Odds Of Distress

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STERIS Plc is trading at 200.81 as of the 19th of April 2024, a 0.28 percent increase since the beginning of the trading day. The stock's lowest day price was 198.22. STERIS Plc has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for STERIS plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
1st of June 1992
Category
Healthcare
Classification
Health Care
STERIS plc provides infection prevention and other procedural products and services worldwide. The company was founded in 1985 and is based in Dublin, Ireland. Steris Corp operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 98.81 M outstanding shares of which 2.68 M shares are at this time shorted by investors with about 6.27 days to cover. More on STERIS plc

Moving against STERIS Stock

  0.57GCTK GlucoTrackPairCorr

STERIS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. STERIS Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding STERIS Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOWalter Rosebrough
Thematic Ideas
(View all Themes)
Old NameStewart & Wight plc
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Medical Equipment, Obamacare Repeal, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering STERIS Plc report their recommendations after researching STERIS Plc's financial statements, talking to executives and customers, or listening in on STERIS Plc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering STERIS plc. The STERIS consensus assessment is calculated by taking the average forecast from all of the analysts covering STERIS Plc.
Financial Strength
Based on the measurements of operating efficiency obtained from STERIS Plc's historical financial statements, STERIS plc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of STERIS plc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01080.0114
Notably Down
Slightly volatile
Asset Turnover0.970.53
Way Up
Slightly volatile
Gross Profit Margin0.510.5
Fairly Up
Very volatile
Net Debt3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Current LiabilitiesB991.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.7 B4.5 B
Sufficiently Up
Slightly volatile
Total Assets13.1 B12.4 B
Sufficiently Up
Slightly volatile
Total Current Assets2.4 B2.3 B
Sufficiently Up
Slightly volatile
STERIS Plc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to STERIS Plc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand STERIS Plc's financial leverage. It provides some insight into what part of STERIS Plc's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on STERIS Plc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how STERIS Plc deploys its capital and how much of that capital is borrowed.
Liquidity
STERIS Plc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.02 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. STERIS plc has a current ratio of 1.99, which is typical for the industry and considered as normal. Debt can assist STERIS Plc until it has trouble settling it off, either with new capital or with free cash flow. So, STERIS Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like STERIS plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for STERIS to invest in growth at high rates of return. When we think about STERIS Plc's use of debt, we should always consider it together with cash and equity.

Change In Cash

(152.91 Million)
STERIS plc (STE) is traded on New York Stock Exchange in USA. It is located in 70 Sir John Rogerson?s Quay, Dublin, Ireland, D02 R296 and employs 17,000 people. STERIS Plc is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 19.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate STERIS Plc's market, we take the total number of its shares issued and multiply it by STERIS Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. STERIS plc runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 98.81 M outstanding shares of which 2.68 M shares are at this time shorted by investors with about 6.27 days to cover. STERIS plc has about 208.36 M in cash with 756.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.16.
Check STERIS Plc Probability Of Bankruptcy
Ownership Allocation
STERIS Plc maintains a total of 98.81 Million outstanding shares. The majority of STERIS plc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in STERIS Plc to benefit from reduced commissions. Therefore, institutions are subject to a different set of regulations than regular investors in STERIS plc. Please pay attention to any change in the institutional holdings of STERIS plc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check STERIS Ownership Details

STERIS Stock Price Odds Analysis

What are STERIS Plc's target price odds to finish over the current price? Based on a normal probability distribution, the odds of STERIS Plc jumping above the current price in 90 days from now is about 99.0%. The STERIS plc probability density function shows the probability of STERIS Plc stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2116. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, STERIS Plc will likely underperform. Additionally, sTERIS plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 200.81HorizonTargetOdds Above 200.81
1.09%90 days
 200.81 
98.89%
Based on a normal probability distribution, the odds of STERIS Plc to move above the current price in 90 days from now is about 99.0 (This STERIS plc probability density function shows the probability of STERIS Stock to fall within a particular range of prices over 90 days) .

STERIS Stock Institutional Holders

Institutional Holdings refers to the ownership stake in STERIS Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of STERIS Plc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing STERIS Plc's value.
InstituionRecorded OnShares
Alliancebernstein L.p.2023-12-31
1.3 M
Goldman Sachs Group Inc2023-12-31
1.2 M
Sustainable Growth Advisers, Lp2023-12-31
1.2 M
Northern Trust Corp2023-12-31
1.2 M
Generation Investment Management Llp2023-12-31
1.1 M
Champlain Investment Partners, Llc2023-12-31
1.1 M
Principal Financial Group Inc2023-12-31
1.1 M
Norges Bank2023-12-31
M
Mitsubishi Ufj Asset Management Co.,ltd2023-12-31
976.4 K
Vanguard Group Inc2023-12-31
11.9 M
Blackrock Inc2023-12-31
10.1 M
View STERIS Plc Diagnostics

STERIS Plc Historical Income Statement

STERIS plc Income Statement is one of the three primary financial statements used for reporting STERIS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of STERIS plc revenue and expense. STERIS Plc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, STERIS Plc's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 2.6 B, whereas Total Other Income Expense Net is projected to grow to (514.6 M). View More Fundamentals

STERIS Stock Against Markets

Picking the right benchmark for STERIS Plc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in STERIS Plc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for STERIS Plc is critical whether you are bullish or bearish towards STERIS plc at a given time. Please also check how STERIS Plc's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in STERIS Plc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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STERIS Plc Corporate Directors

STERIS Plc corporate directors refer to members of a STERIS Plc board of directors. The board of directors generally takes responsibility for the STERIS Plc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of STERIS Plc's board members must vote for the resolution. The STERIS Plc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard BreedenIndependent DirectorProfile
Kevin McMullenIndependent DirectorProfile
Michael WoodIndependent DirectorProfile
Paul MartinIndependent DirectorProfile

How to buy STERIS Stock?

Before investing in STERIS Plc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in STERIS Plc. To buy STERIS Plc stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of STERIS Plc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase STERIS Plc stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located STERIS plc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased STERIS plc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as STERIS plc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy STERIS Stock please use our How to Invest in STERIS Plc guide.

Already Invested in STERIS plc?

The danger of trading STERIS plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of STERIS Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than STERIS Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile STERIS plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether STERIS plc is a strong investment it is important to analyze STERIS Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact STERIS Plc's future performance. For an informed investment choice regarding STERIS Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running STERIS Plc's price analysis, check to measure STERIS Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STERIS Plc is operating at the current time. Most of STERIS Plc's value examination focuses on studying past and present price action to predict the probability of STERIS Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STERIS Plc's price. Additionally, you may evaluate how the addition of STERIS Plc to your portfolios can decrease your overall portfolio volatility.
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Is STERIS Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STERIS Plc. If investors know STERIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STERIS Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.145
Dividend Share
1.98
Earnings Share
5.69
Revenue Per Share
54.709
Quarterly Revenue Growth
0.148
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.