May. 22 at 1:26 AM
Heads up alert! Only one day until Upcoming earnings on Thursday, 5/22/2025 for
$STEP
Neutral (5.5)
StepStone Group (STEP) has maintained a steady trajectory amidst a backdrop of mixed financial indicators and market sentiment.
The company is gearing up for its upcoming earnings report, with analysts expecting a modest growth in earnings per share (EPS), although there are concerns regarding the strength of this growth given the lack of favorable conditions previously observed.
The P/E ratio for StepStone currently stands at approximately 18, which is competitive relative to its industry peers, suggesting that the stock is fairly valued.
Additionally, revenue forecasts indicate a slight uptick, yet the projected growth rate remains below the industry average of around 10%.
This could raise caution among investors regarding the sustainability of top-line growth.
Recent capital raises, including the record-breaking
$3.77 billion for its secondaries fund and over
$700 million in its tactical growth fund, reflect a robust demand for its investment strategies but may not translate into immediate financial performance improvements.
In terms of the upcoming earnings report scheduled for May 22, 2025, expectations are tempered.
Analysts have indicated that StepStone may not possess the right combination of factors to exceed earnings expectations, which could lead to volatility in the stock price post-announcement.
Historical performance shows that the company has had an inconsistent track record regarding meeting or beating earnings estimates in past quarters, creating a cautious outlook.
Analyst consensus estimates suggest a slight increase in EPS, but this is accompanied by a wary sentiment regarding the overall market conditions that StepStone operates within.
The private equity sector, where StepStone predominantly operates, has exhibited mixed performance, influenced by macroeconomic factors such as interest rates and inflation.
While some firms in the sector are experiencing growth, the overall sentiment remains cautious, as investors weigh the potential for future returns against prevailing economic uncertainties.
This sector analysis indicates that while StepStone has potential, external conditions may play a significant role in shaping its future performance.
- Funds were net buyers of
$STEP during the previous reporting quarter.
- Top 2 funds with large holdings in
$STEP:
* Granahan Investment Management Inc
$27MM. CGMFundRank: 73%, Fund Website: www.granahan.com
* PDT Partners LLC
$2MM. CGMFundRank: 89%, Fund Website: www.pdtpartners.com
- Last 10 days performance: 8%
- Last 30 days performance: 26%
- Last 90 days performance: -5%
Some of the latest news articles:
- Title: StepStone Group Opens New Office in Ireland, Publication Date: 5/21/2025 12:05:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/stepstone-group-opens-office-ireland-120500139.html?.tsrc=rss
- Title: Canaan (CAN) Reports Q1 Loss, Lags Revenue Estimates, Publication Date: 5/20/2025 11:05:02 AM, Source: yahoo
URL: https://finance.yahoo.com/news/canaan-reports-q1-loss-lags-110502454.html?.tsrc=rss
- Title: StepStone Group Inc. (STEP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release, Publication Date: 5/15/2025 2:00:11 PM, Source: yahoo
URL: https://finance.yahoo.com/news/stepstone-group-inc-step-earnings-140011892.html?.tsrc=rss
- Title: Ares Management Stock Scores Relative Strength Rating Upgrade, Publication Date: 5/13/2025 7:08:00 PM, Source: yahoo
URL: https://finance.yahoo.com/m/3915d3fb-8bb6-3e8a-8e91-4c4dc1f7ad54/ares-management-stock-scores.html?.tsrc=rss
- Title: StepStone Group to Announce Fourth Quarter and Fiscal 2025 Results on May 22, 2025, Publication Date: 5/8/2025 12:05:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/stepstone-group-announce-fourth-quarter-120500023.html?.tsrc=rss
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