Market Recap: Sotera Health Co (SHC)’s Negative Momentum, Closing at 16.13

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The closing price of Sotera Health Co (NASDAQ: SHC) was $16.13 for the day, down -3.99% from the previous closing price of $16.80. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 2.76 million shares were traded. SHC stock price reached its highest trading level at $16.835 during the session, while it also had its lowest trading level at $16.07.

Ratios:

Our analysis of SHC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4007.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.57 and its Current Ratio is at 2.93. In the meantime, Its Debt-to-Equity ratio is 5.55 whereas as Long-Term Debt/Eq ratio is at 5.51.

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 this company, Piper Sandler on May 21, 2024, initiated with a Neutral rating and assigned the stock a target price of $13.

On April 03, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $18 to $16.

Jefferies Upgraded its Hold to Buy on March 25, 2024, whereas the target price for the stock was revised from $15 to $15.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 06 ’24 when WARBURG PINCUS & CO. sold 15,000,000 shares for $15.03 per share. The transaction valued at 225,450,000 led to the insider holds 73,822,952 shares of the business.

WARBURG PINCUS & CO. sold 15,000,000 shares of SHC for $225,450,000 on Sep 06 ’24. The Director now owns 73,822,952 shares after completing the transaction at $15.03 per share. On Sep 06 ’24, another insider, GTCR INVESTMENT XI LLC, who serves as the Director of the company, sold 10,000,000 shares for $15.03 each. As a result, the insider received 150,300,000 and left with 49,215,301 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHC now has a Market Capitalization of 4757994496 and an Enterprise Value of 6668745216. As of this moment, Sotera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 115.13, and their Forward P/E ratio for the next fiscal year is 19.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.16 while its Price-to-Book (P/B) ratio in mrq is 10.81. Its current Enterprise Value per Revenue stands at 6.073 whereas that against EBITDA is 12.405.

Stock Price History:

Over the past 52 weeks, SHC has reached a high of $17.44, while it has fallen to a 52-week low of $10.71. The 50-Day Moving Average of the stock is 15.62%, while the 200-Day Moving Average is calculated to be 18.64%.

Shares Statistics:

SHC traded an average of 1.27M shares per day over the past three months and 2654250 shares per day over the past ten days. A total of 282.83M shares are outstanding, with a floating share count of 126.59M. Insiders hold about 55.30% of the company’s shares, while institutions hold 41.11% stake in the company. Shares short for SHC as of 1723680000 were 10358376 with a Short Ratio of 8.15, compared to 1721001600 on 11216684. Therefore, it implies a Short% of Shares Outstanding of 10358376 and a Short% of Float of 8.06.

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