Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
StepStone Group Inc (NASDAQ: STEP) closed the day trading at $53.79 down -5.88% from the previous closing price of $57.15. In other words, the price has decreased by -$5.88 from its previous closing price. On the day, 0.95 million shares were traded.
Ratios:
For a better understanding of STEP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.93. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on April 11, 2024, Upgraded its rating to Overweight and sets its target price to $49 from $40 previously.
On March 20, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $48.
On September 07, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $42.BofA Securities initiated its Buy rating on September 07, 2022, with a $42 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when Hart Scott W sold 10,000 shares for $61.43 per share. The transaction valued at 614,270 led to the insider holds 110,000 shares of the business.
Keathley Anthony sold 538 shares of STEP for $33,894 on Feb 19 ’25. The Chief Accounting Officer now owns 1,386 shares after completing the transaction at $63.00 per share. On Feb 20 ’25, another insider, HART FAMILY TRUST U/T/A DTD 10, who serves as the Director of the company, bought 30,000 shares for $63.07 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.38 while its Price-to-Book (P/B) ratio in mrq is 19.44.
Stock Price History:
Over the past 52 weeks, STEP has reached a high of $70.38, while it has fallen to a 52-week low of $32.46. The 50-Day Moving Average of the stock is -11.40%, while the 200-Day Moving Average is calculated to be -2.95%.
Shares Statistics:
A total of 75.84M shares are outstanding, with a floating share count of 65.35M. Insiders hold about 13.84% of the company’s shares, while institutions hold 90.18% stake in the company.
