Market Highlights: Stevanato Group Spa (STVN) Ends on a Low Note at 26.91

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The price of Stevanato Group Spa (NYSE: STVN) closed at $26.91 in the last session, down -2.64% from day before closing price of $27.64. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 0.58 million shares were traded. STVN stock price reached its highest trading level at $27.61 during the session, while it also had its lowest trading level at $26.39.

Ratios:

We take a closer look at STVN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.23.

On November 01, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $39 to $29.

On September 26, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $33.Stephens initiated its Overweight rating on September 26, 2023, with a $33 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STVN now has a Market Capitalization of 7340213760 and an Enterprise Value of 7664183296. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.34, and their Forward P/E ratio for the next fiscal year is 34.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.97 while its Price-to-Book (P/B) ratio in mrq is 5.71. Its current Enterprise Value per Revenue stands at 7.061 whereas that against EBITDA is 28.37.

Stock Price History:

The Beta on a monthly basis for STVN is 0.74, which has changed by 0.0025390387 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, STVN has reached a high of $36.30, while it has fallen to a 52-week low of $23.00. The 50-Day Moving Average of the stock is -8.52%, while the 200-Day Moving Average is calculated to be -9.73%.

Shares Statistics:

According to the various share statistics, STVN traded on average about 393.92K shares per day over the past 3-months and 332340 shares per day over the past 10 days. A total of 303.80M shares are outstanding, with a floating share count of 49.48M. Insiders hold about 83.71% of the company’s shares, while institutions hold 12.64% stake in the company. Shares short for STVN as of 1713139200 were 2368996 with a Short Ratio of 6.01, compared to 1710460800 on 2208473. Therefore, it implies a Short% of Shares Outstanding of 2368996 and a Short% of Float of 4.8899997.

Earnings Estimates

Stevanato Group Spa (STVN) is presently subject to a detailed evaluation by 9.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.11, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.15, with high estimates of $0.15 and low estimates of $0.14.

Analysts are recommending an EPS of between $0.69 and $0.65 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $0.78, with 10.0 analysts recommending between $0.82 and $0.75.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $255.36M. It ranges from a high estimate of $256.84M to a low estimate of $251.09M. As of the current estimate, Stevanato Group Spa’s year-ago sales were $256.45MFor the next quarter, 8 analysts are estimating revenue of $297.74M. There is a high estimate of $307.37M for the next quarter, whereas the lowest estimate is $292.05M.

A total of 10 analysts have provided revenue estimates for STVN’s current fiscal year. The highest revenue estimate was $1.29B, while the lowest revenue estimate was $1.27B, resulting in an average revenue estimate of $1.28B. In the same quarter a year ago, actual revenue was $1.17BBased on 10 analysts’ estimates, the company’s revenue will be $1.43B in the next fiscal year. The high estimate is $1.48B and the low estimate is $1.41B.

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