Stepstone Group Stock Today
| STEP Stock | USD 35.79 0.44 1.21% |
Performance5 of 100
| Odds Of DistressLess than 21
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Stepstone is selling at 35.79 as of the 24th of April 2024; that is -1.21 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 35.75. Stepstone has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Stepstone Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 16th of September 2020 | Classification Financials |
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia. The company has 65.61 M outstanding shares of which 1.33 M shares are at this time shorted by private and institutional investors with about 3.39 trading days to cover. More on Stepstone Group
Moving together with Stepstone Stock
| 0.69 | FCFS | FirstCash Earnings Call Tomorrow | PairCorr |
Moving against Stepstone Stock
| 0.56 | AC | Associated Capital | PairCorr |
| 0.44 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 22nd of May 2024
Stepstone 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. Stepstone's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stepstone or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CoFounder Chairman | Monte JD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Investing (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, NASDAQ Financial 100, Investing, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Stepstone report their recommendations after researching Stepstone's financial statements, talking to executives and customers, or listening in on Stepstone's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Stepstone Group. The Stepstone consensus assessment is calculated by taking the average forecast from all of the analysts covering Stepstone. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Stepstone's historical financial statements, Stepstone Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Stepstone Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Stepstone's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Stepstone'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 Stepstone's financial leverage. It provides some insight into what part of Stepstone's total assets is financed by creditors.
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Stepstone Group (STEP) is traded on NASDAQ Exchange in USA. It is located in 4225 Executive Square, La Jolla, CA, United States, 92037 and employs 980 people. Stepstone is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stepstone's market, we take the total number of its shares issued and multiply it by Stepstone'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. Stepstone Group conducts business under Capital Markets sector and is part of Financials industry. The entity has 65.61 M outstanding shares of which 1.33 M shares are at this time shorted by private and institutional investors with about 3.39 trading days to cover.
Stepstone Group currently holds about 106.35 M in cash with 151.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.73.
Check Stepstone Probability Of Bankruptcy
Ownership AllocationStepstone Group shows a total of 65.61 Million outstanding shares. The majority of Stepstone Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stepstone to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stepstone Group. Please pay attention to any change in the institutional holdings of Stepstone Group as this could imply that something significant has changed or is about to change at the company. Also note that roughly six hundred fifty-six thousand one hundred fourty-nine invesors are currently shorting Stepstone expressing very little confidence in its future performance.
Check Stepstone Ownership Details
Stepstone Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Stepstone jumping above the current price in 90 days from now is about 12.23%. The Stepstone Group probability density function shows the probability of Stepstone stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7404. 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, Stepstone will likely underperform. Additionally, stepstone Group has an alpha of 0.0721, implying that it can generate a 0.0721 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Stepstone to move above the current price in 90 days from now is about 12.23 (This Stepstone Group probability density function shows the probability of Stepstone Stock to fall within a particular range of prices over 90 days) .
Stepstone Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Stepstone that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stepstone'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 Stepstone's value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 1.3 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1.2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 816.4 K | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 649.7 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 634.8 K | |
| Capital Research Global Investors | 2023-12-31 | 628.5 K | |
| William Blair Investment Management, Llc | 2023-12-31 | 602.8 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 563.6 K | |
| Northern Trust Corp | 2023-12-31 | 494.1 K | |
| Wellington Management Company Llp | 2023-12-31 | 7 M | |
| Vanguard Group Inc | 2023-12-31 | 5.3 M |
Stepstone Historical Income Statement
Stepstone Group Income Statement is one of the three primary financial statements used for reporting Stepstone's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Stepstone Group revenue and expense. Stepstone Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Stepstone's Interest Expense is relatively stable compared to the past year. As of 04/24/2024, Interest Income is likely to grow to about 2.3 M, while Income Tax Expense is likely to drop slightly above 4.2 M. View More FundamentalsStepstone Stock Against Markets
Picking the right benchmark for Stepstone 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 Stepstone 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 Stepstone is critical whether you are bullish or bearish towards Stepstone Group at a given time. Please also check how Stepstone'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 Stepstone 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.Did you try this?
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Stepstone Corporate Management
Elected by the shareholders, the Stepstone's board of directors comprises two types of representatives: Stepstone inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Stepstone. The board's role is to monitor Stepstone's management team and ensure that shareholders' interests are well served. Stepstone's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Stepstone's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Jeffrey | Head Bus | Profile | |
| Johnny Randel | Chief Officer | Profile | |
| Maribel Yoo | Vice Marketing | Profile | |
| John CFA | Partner | Profile |
How to buy Stepstone Stock?
Before investing in Stepstone, 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 Stepstone. To buy Stepstone stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Stepstone. 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 Stepstone stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Stepstone Group 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 Stepstone Group 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 Stepstone Group, 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 Stepstone Stock please use our How to Invest in Stepstone guide.
Already Invested in Stepstone Group?
The danger of trading Stepstone Group 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 Stepstone 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 Stepstone. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stepstone Group 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 Stepstone Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stepstone Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stepstone Group Stock. Highlighted below are key reports to facilitate an investment decision about Stepstone Group Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Stepstone Group information on this page should be used as a complementary analysis to other Stepstone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Stepstone Stock analysis
When running Stepstone's price analysis, check to measure Stepstone'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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.
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| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Stepstone'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 Stepstone. If investors know Stepstone 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 Stepstone 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 (0.36) | Dividend Share 0.82 | Earnings Share 0.9 | Revenue Per Share 8.35 | Quarterly Revenue Growth (0.53) |
The market value of Stepstone Group is measured differently than its book value, which is the value of Stepstone that is recorded on the company's balance sheet. Investors also form their own opinion of Stepstone's value that differs from its market value or its book value, called intrinsic value, which is Stepstone'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 Stepstone's market value can be influenced by many factors that don't directly affect Stepstone'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 Stepstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stepstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stepstone'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.