May. 8 at 8:27 PM
$STE Heads up alert! Upcoming earnings on Wednesday, 5/14/2025 for
$STE Bullish (7.5)
In the recent analysis of STERIS plc (NYSE: STE), key financial metrics indicate a positive outlook for the company.
The announced quarterly dividend of
$0.57 per share reflects STERIS's commitment to returning value to shareholders, which is a crucial indicator of financial stability and confidence in future earnings.
The company has observed a share price increase of 6% over the past month, likely driven by this dividend announcement and overall market conditions.
Financially, STERIS is positioned well within the surgical equipment and consumables industry, where it has consistently reported strong performance metrics.
The company’s price-to-earnings (P/E) ratio currently stands at 28, which, while slightly above the industry average of 25, suggests that investors are willing to pay a premium for anticipated growth.
Furthermore, the expected earnings per share (EPS) growth rate of approximately 8% for the next fiscal year aligns with market expectations, positioning STERIS favorably compared to its peers, such as Hologic and Zimmer Biomet, both of which have faced headwinds recently.
Revenue forecasts also point to a robust pipeline in bioprocessing demand, indicating a strong rebound potential that could further bolster STERIS's market position.
In terms of the upcoming earnings report, STERIS is scheduled to release its fiscal 2025 fourth quarter and full year financial results on May 15, 2025.
Analyst consensus estimates are optimistic, projecting a revenue increase driven by the recovery in the Applied Sterilization Technologies (AST) segment.
Historical performance suggests that STERIS has successfully met or exceeded earnings estimates in recent quarters, which could lead to a positive market reaction if this trend continues.
Investors will be keen to observe management's commentary on growth strategies and market conditions, especially in light of industry challenges such as inventory destocking.
The anticipated results and insights from the upcoming conference call will be critical in shaping investor sentiment and could potentially reinforce the stock's bullish trajectory.
- Funds were net buyers of
$STE during the previous reporting quarter.
- Top 5 funds with large holdings in
$STE:
* Generation Investment Management LLP
$655MM. CGMFundRank: 58%, Fund Website: www.generationim.com
* Select Equity Group LP
$534MM. CGMFundRank: 77%, Fund Website: www.selectequity.com
* GW&K Investment Management LLC
$37MM. CGMFundRank: 80%
* Balyasny Asset Management LLC
$24MM. New position. CGMFundRank: 91%, Fund Website: www.bamfunds.com
* Adage Capital P
$9MM. CGMFundRank: 72%, Fund Website: www.adagecapital.com
- Last 10 days performance: 0%
- Last 30 days performance: 8%
- Last 90 days performance: 1%
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