Stock Performance Spotlight: Stevanato Group Spa (STVN) Ends the Day at 22.59, Up by 3.53

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

As of close of business last night, Stevanato Group Spa’s stock clocked out at $22.59, up 3.53% from its previous closing price of $21.82. In other words, the price has increased by $3.53 from its previous closing price. On the day, 0.95 million shares were traded. STVN stock price reached its highest trading level at $23.96 during the session, while it also had its lowest trading level at $22.21.

Ratios:

To gain a deeper understanding of STVN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.21.

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 6161851392 and an Enterprise Value of 7470392320. As of this moment, Stevanato’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.63, and their Forward P/E ratio for the next fiscal year is 33.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.25 while its Price-to-Book (P/B) ratio in mrq is 4.29. Its current Enterprise Value per Revenue stands at 6.883 whereas that against EBITDA is 27.653.

Stock Price History:

The Beta on a monthly basis for STVN is 0.67, which has changed by -0.17494524 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, STVN has reached a high of $36.30, while it has fallen to a 52-week low of $20.01. The 50-Day Moving Average of the stock is -21.88%, while the 200-Day Moving Average is calculated to be -23.87%.

Shares Statistics:

It appears that STVN traded 503.51K shares on average per day over the past three months and 1044810 shares per day over the past ten days. A total of 272.77M shares are outstanding, with a floating share count of 49.48M. Insiders hold about 81.86% of the company’s shares, while institutions hold 14.82% stake in the company. Shares short for STVN as of 1713139200 were 2368996 with a Short Ratio of 5.52, compared to 1710460800 on 2208473. Therefore, it implies a Short% of Shares Outstanding of 2368996 and a Short% of Float of 4.8899997.

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