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The price of Stevanato Group Spa (NYSE: STVN) closed at $20.00 in the last session, down -6.24% from day before closing price of $21.33. In other words, the price has decreased by -$6.24 from its previous closing price. On the day, 1.43 million shares were traded. STVN stock price reached its highest trading level at $21.2719 during the session, while it also had its lowest trading level at $19.81.
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 1.13 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 5457100288 and an Enterprise Value of 5695979520. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.25, and their Forward P/E ratio for the next fiscal year is 31.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.64 while its Price-to-Book (P/B) ratio in mrq is 3.84. Its current Enterprise Value per Revenue stands at 5.237 whereas that against EBITDA is 23.717.
Stock Price History:
Over the past 52 weeks, STVN has reached a high of $35.56, while it has fallen to a 52-week low of $16.56. The 50-Day Moving Average of the stock is -0.85%, while the 200-Day Moving Average is calculated to be -19.23%.
Shares Statistics:
According to the various share statistics, STVN traded on average about 527.04K shares per day over the past 3-months and 537350 shares per day over the past 10 days. A total of 272.68M shares are outstanding, with a floating share count of 49.48M. Insiders hold about 81.86% of the company’s shares, while institutions hold 19.40% stake in the company. Shares short for STVN as of 1726185600 were 3677623 with a Short Ratio of 6.98, compared to 1723680000 on 4823762. Therefore, it implies a Short% of Shares Outstanding of 3677623 and a Short% of Float of 7.580000000000001.
Dividends & Splits
The forward annual dividend rate for STVN is 0.06, which was 0.053 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0024847633
