Stevanato Group Spa (STVN) Beta and Market Comparison: S&P500 vs STVN

After finishing at $31.42 in the prior trading day, Stevanato Group Spa (NYSE: STVN) closed at $31.79, up 1.18%. In other words, the price has increased by $+0.37 from its previous closing price. On the day, 842466 shares were traded.

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Ratios:

Our goal is to gain a better understanding of STVN by taking a closer look at its different ratios. 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.

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, Jefferies on November 01, 2023, Downgraded its rating to Hold and sets its target price to $29 from $39 previously.

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

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 8.64B and an Enterprise Value of 8.99B. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.56, and their Forward P/E ratio for the next fiscal year is 40.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.19 while its Price-to-Book (P/B) ratio in mrq is 6.75. Its current Enterprise Value per Revenue stands at 8.29 whereas that against EBITDA is 33.03.

Stock Price History:

Over the past 52 weeks, STVN has reached a high of $36.30, while it has fallen to a 52-week low of $22.49. The 50-Day Moving Average of the stock is 31.04, while the 200-Day Moving Average is calculated to be 30.26.

Shares Statistics:

The stock has traded on average 318.05K shares per day over the past 3-months and 733.59k shares per day over the last 10 days, according to various share statistics. A total of 265.47M shares are outstanding, with a floating share count of 34.87M. Insiders hold about 86.86% of the company’s shares, while institutions hold 13.17% stake in the company. Shares short for STVN as of Feb 29, 2024 were 2.47M with a Short Ratio of 7.77, compared to 3.08M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.93% and a Short% of Float of 7.30%.

Dividends & Splits

In the trailing 12 months, STVN’s forward annual dividend rate was 0.00, compared to 0.06 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 0.19%.

Earnings Estimates

Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.15 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 $0.16 and low estimates of $0.14.

Analysts are recommending an EPS of between $0.7 and $0.65 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $0.79, with 8 analysts recommending between $0.83 and $0.76.

Revenue Estimates

8 analysts predict $263.07M in revenue for the current quarter. It ranges from a high estimate of $298.42M to a low estimate of $256.32M. As of the current estimate, Stevanato Group Spa’s year-ago sales were $256.45M, an estimated increase of 2.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $303.34M, an increase of 13.70% over than the figure of $2.60% in the same quarter last year. There is a high estimate of $321.15M for the next quarter, whereas the lowest estimate is $294.6M.

A total of 9 analysts have provided revenue estimates for STVN’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.29B. In the same quarter a year ago, actual revenue was $1.18B, up 9.30% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.49B and the low estimate is $1.42B. The average revenue growth estimate for next year is up 12.10% from the average revenue estimate for this year.

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