Steris Plc Stock Analysis

STE Stock  USD 224.82  0.70  0.31%   
STERIS Plc is fairly valued with Real Value of 224.68 and Target Price of 242.0. The main objective of STERIS Plc stock analysis is to determine its intrinsic value, which is an estimate of what STERIS Plc is worth, separate from its market price. There are two main types of STERIS Plc's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect STERIS Plc's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of STERIS Plc's stock to identify patterns and trends that may indicate its future price movements.
The STERIS Plc stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. STERIS Plc is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. STERIS Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and STERIS Plc's ongoing operational relationships across important fundamental and technical indicators.
  
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.

STERIS Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of STERIS Plc was at this time reported as 64.93. The company recorded earning per share (EPS) of 5.68. STERIS Plc last dividend was issued on the 22nd of February 2024. The entity had 2:1 split on the 25th of August 1998. 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. It employs 16000 people. To find out more about STERIS Plc contact Walter Rosebrough at 353 1 232 2000 or learn more at https://www.steris.com.

STERIS Plc Quarterly Total Revenue

1.4 Billion

STERIS Plc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. STERIS Plc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding STERIS Plc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 98.0% of the company shares are owned by institutional investors
On 22nd of March 2024 STERIS Plc paid $ 0.52 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Heres Why Investors Should Retain STERIS Stock for Now

STERIS Plc Upcoming and Recent Events

Earnings reports are used by STERIS Plc to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to STERIS Plc previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

STERIS Largest EPS Surprises

Earnings surprises can significantly impact STERIS Plc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-07-26
2000-06-30-0.010.010.02200 
1996-10-30
1996-09-300.150.170.0213 
2006-11-07
2006-09-300.220.250.0313 
View All Earnings Estimates

STERIS Plc Thematic Classifications

In addition to having STERIS Plc stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Obamacare Repeal Idea
Obamacare Repeal
Large healthcare related equities associated with Obamacare

STERIS Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as STERIS Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading STERIS Plc backward and forwards among themselves. STERIS Plc's institutional investor refers to the entity that pools money to purchase STERIS Plc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although STERIS Plc's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

STERIS Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 22.22 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 Profitablity

STERIS Plc's profitability indicators refer to fundamental financial ratios that showcase STERIS Plc's ability to generate income relative to its revenue or operating costs. If, let's say, STERIS Plc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, STERIS Plc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of STERIS Plc's profitability requires more research than a typical breakdown of STERIS Plc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated $0.16 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.03  0.03 
Return On Assets 0.01  0.01 
Return On Equity 0.02  0.02 

Management Efficiency

STERIS Plc has Return on Asset of 0.0477 % which means that on every $100 spent on assets, it made $0.0477 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0911 %, implying that it generated $0.0911 on every 100 dollars invested. STERIS Plc's management efficiency ratios could be used to measure how well STERIS Plc manages its routine affairs as well as how well it operates its assets and liabilities. As of March 28, 2024, Return On Capital Employed is expected to decline to 0.03. In addition to that, Return On Assets is expected to decline to 0.01. At present, STERIS Plc's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 216.5 M, whereas Return On Assets are forecasted to decline to 0.01.
Last ReportedProjected for 2024
Price Book Value Ratio 3.60  4.50 
Enterprise Value Multiple 20.13  22.43 
Price Fair Value 3.60  4.50 
The analysis of STERIS Plc's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze STERIS Plc's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of STERIS Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0092
Forward Dividend Yield
0.0092
Forward Dividend Rate
2.08
Beta
0.796

Technical Drivers

As of the 28th of March, STERIS Plc has the risk adjusted performance of 0.026, and Coefficient Of Variation of 2707.6. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of STERIS Plc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for STERIS Plc, which can be compared to its competition. Please validate STERIS Plc information ratio, as well as the relationship between the potential upside and kurtosis to decide if STERIS Plc is priced adequately, providing market reflects its prevalent price of 224.82 per share. Given that STERIS Plc has jensen alpha of (0.11), we advise you to double-check STERIS Plc's current market performance to make sure the company can sustain itself at some point in the future.

STERIS Plc Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. STERIS Plc middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for STERIS Plc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

STERIS Plc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific STERIS Plc insiders, such as employees or executives, is commonly permitted as long as it does not rely on STERIS Plc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases STERIS Plc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

STERIS Plc Predictive Daily Indicators

STERIS Plc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of STERIS Plc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

STERIS Plc Corporate Filings

F3
23rd of February 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
8th of February 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
7th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
30th of January 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
6th of December 2023
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
7th of November 2023
An amendment to a previously filed Form 8-K
ViewVerify

STERIS Plc Forecast Models

STERIS Plc's time-series forecasting models are one of many STERIS Plc's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary STERIS Plc's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About STERIS Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how STERIS Plc prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling STERIS shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as STERIS Plc. By using and applying STERIS Stock analysis, traders can create a robust methodology for identifying STERIS entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.04  0.03 
Operating Profit Margin 0.06  0.06 
Net Profit Margin 0.02  0.02 
Gross Profit Margin 0.50  0.51 

Current STERIS Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. STERIS analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. STERIS analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
242.0Strong Buy8Odds
STERIS Plc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most STERIS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand STERIS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of STERIS Plc, talking to its executives and customers, or listening to STERIS conference calls.
STERIS Analyst Advice Details

STERIS Stock Analysis Indicators

STERIS Plc stock analysis indicators help investors evaluate how STERIS Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading STERIS Plc shares will generate the highest return on investment. By understating and applying STERIS Plc stock analysis, traders can identify STERIS Plc position entry and exit signals to maximize returns.
Begin Period Cash Flow348.3 M
Long Term DebtB
Common Stock Shares Outstanding100.2 M
Total Stockholder Equity6.1 B
Total Cashflows From Investing Activities-383.3 M
Tax Provision51.5 M
Quarterly Earnings Growth Y O Y0.145
Property Plant And Equipment Net1.9 B
Cash And Short Term Investments208.4 M
Cash208.4 M
Accounts Payable279.6 M
Net Debt2.8 B
50 Day M A226.866
Total Current Liabilities861.8 M
Other Operating Expenses4.2 B
Non Current Assets Total8.8 B
Forward Price Earnings23.2558
Common Stock Total Equity4.5 B
Non Currrent Assets Other78.1 M
Stock Based Compensation39 M
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.
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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
5.68
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.