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After finishing at $27.31 in the prior trading day, Stevanato Group Spa (NYSE: STVN) closed at $27.52, up 0.77%. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.59 million shares were traded. STVN stock price reached its highest trading level at $27.54 during the session, while it also had its lowest trading level at $26.4708.
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.
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 7449333760 and an Enterprise Value of 7632327168. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.37, and their Forward P/E ratio for the next fiscal year is 35.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.13 while its Price-to-Book (P/B) ratio in mrq is 5.84. Its current Enterprise Value per Revenue stands at 7.032 whereas that against EBITDA is 28.252.
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 $23.00. The 50-Day Moving Average of the stock is -8.89%, while the 200-Day Moving Average is calculated to be -8.35%.
Shares Statistics:
The stock has traded on average 372.76K shares per day over the past 3-months and 378030 shares per day over the last 10 days, according to various share statistics. 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 11.62% stake in the company. Shares short for STVN as of 1713139200 were 2368996 with a Short Ratio of 6.36, compared to 1710460800 on 2208473. Therefore, it implies a Short% of Shares Outstanding of 2368996 and a Short% of Float of 4.8899997.
