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After finishing at $43.58 in the prior trading day, StepStone Group Inc (NASDAQ: STEP) closed at $42.46, down -2.57%. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 1.05 million shares were traded. STEP stock price reached its highest trading level at $46.39 during the session, while it also had its lowest trading level at $41.58.
Ratios:
Our goal is to gain a better understanding of STEP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.15. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.32.
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, JP Morgan on April 11, 2024, Upgraded its rating to Overweight and sets its target price to $49 from $40 previously.
On March 20, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $48.
On September 07, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $42.BofA Securities initiated its Buy rating on September 07, 2022, with a $42 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when Hart Scott W sold 10,000 shares for $61.43 per share. The transaction valued at 614,270 led to the insider holds 110,000 shares of the business.
Keathley Anthony sold 538 shares of STEP for $33,894 on Feb 19 ’25. The Chief Accounting Officer now owns 1,386 shares after completing the transaction at $63.00 per share. On Feb 20 ’25, another insider, HART FAMILY TRUST U/T/A DTD 10, who serves as the Director of the company, bought 30,000 shares for $63.07 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STEP now has a Market Capitalization of 5063694336 and an Enterprise Value of 4865720320. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.25 while its Price-to-Book (P/B) ratio in mrq is 15.35. Its current Enterprise Value per Revenue stands at 4.217 whereas that against EBITDA is -48.432.
Stock Price History:
The Beta on a monthly basis for STEP is 1.40, which has changed by 0.21383643 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, STEP has reached a high of $70.38, while it has fallen to a 52-week low of $34.52. The 50-Day Moving Average of the stock is -25.31%, while the 200-Day Moving Average is calculated to be -24.94%.
Shares Statistics:
The stock has traded on average 602.52K shares per day over the past 3-months and 820390 shares per day over the last 10 days, according to various share statistics. A total of 75.84M shares are outstanding, with a floating share count of 65.68M. Insiders hold about 13.41% of the company’s shares, while institutions hold 90.14% stake in the company. Shares short for STEP as of 1741910400 were 2339323 with a Short Ratio of 3.88, compared to 1739491200 on 2193514. Therefore, it implies a Short% of Shares Outstanding of 2339323 and a Short% of Float of 3.8699999999999997.
Dividends & Splits
In the trailing 12 months, STEP’s forward annual dividend rate was 0.9, compared to 0.93 this year. Against a Trailing Annual Dividend Yield of 0.020651674
