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In the latest session, Stevanato Group Spa (NYSE: STVN) closed at $17.77 down -6.47% from its previous closing price of $19.00. In other words, the price has decreased by -$6.47 from its previous closing price. On the day, 0.84 million shares were traded. STVN stock price reached its highest trading level at $19.1 during the session, while it also had its lowest trading level at $17.49.
Ratios:
For a deeper understanding of Stevanato Group Spa’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 5185072640 and an Enterprise Value of 5134954496. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.45, and their Forward P/E ratio for the next fiscal year is 29.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 4.693 whereas that against EBITDA is 22.286.
Stock Price History:
The Beta on a monthly basis for STVN is 0.58, which has changed by -0.29315478 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, STVN has reached a high of $34.73, while it has fallen to a 52-week low of $16.56. The 50-Day Moving Average of the stock is -8.87%, while the 200-Day Moving Average is calculated to be -23.12%.
Shares Statistics:
For the past three months, STVN has traded an average of 522.63K shares per day and 691860 over the past ten days. A total of 272.64M shares are outstanding, with a floating share count of 49.48M. Insiders hold about 81.85% of the company’s shares, while institutions hold 20.12% stake in the company. Shares short for STVN as of 1730332800 were 4490496 with a Short Ratio of 8.59, compared to 1727654400 on 4020407. Therefore, it implies a Short% of Shares Outstanding of 4490496 and a Short% of Float of 9.24.
Dividends & Splits
According to the company, the forward annual dividend rate for STVN is 0.06, from 0.053 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0027894736
