In the last trading session, 1.43 million Stevanato Group Spa (NYSE:STVN) shares changed hands as the company’s beta touched 0.58. With the company’s per share price at $20.00 changed hands at -$1.33 or -6.24% during last session, the market valuation stood at $5.45B. STVN’s last price was a discount, traded about -77.8% off its 52-week high of $35.56. The share price had its 52-week low at $16.56, which suggests the last value was 17.2% up since then. When we look at Stevanato Group Spa’s average trading volume, we note the 10-day average is 0.54 million shares, with the 3-month average coming to 527.04K.

Analysts gave the Stevanato Group Spa (STVN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.55. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended STVN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Stevanato Group Spa’s EPS for the current quarter is expected to be 0.14.

Stevanato Group Spa (NYSE:STVN) trade information

Instantly STVN was in red as seen at the end of in last trading. With action 2.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -26.71%, with the 5-day performance at 2.30% in the green. However, in the 30-day time frame, Stevanato Group Spa (NYSE:STVN) is -7.32% down. Looking at the short shares, we see there were 3.68 million shares sold at short interest cover period of 8.82 days.

The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 20.0% from its current market value. According to analyst projections, STVN’s forecast low is 19 with 33 as the target high. To hit the forecast high, the stock’s price needs a -65.0% plunge from its current level, while the stock would need to tank 5.0% for it to hit the projected low.

Stevanato Group Spa (STVN) estimates and forecasts

Data shows that the Stevanato Group Spa share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -36.16% over the past 6 months, a -20.63% in annual growth rate that is considerably lower than the industry average of 20.30%. Year-over-year growth is forecast to reach 3.80% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 306.44M. 8 analysts are of the opinion that Stevanato Group Spa’s revenue for the current quarter will be 361.78M. The company’s revenue for the corresponding quarters a year ago was 296.18M and 347.75M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.50%. The estimates for the next quarter sales put growth at 4.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 37.59%. The 2024 estimates are for Stevanato Group Spa earnings to decrease by -18.15%, but the outlook for the next 5-year period is at 4.18% per year.

STVN Dividends

Stevanato Group Spa is expected to release its next quarterly earnings report in November. The 0.29% annual yield figure for the share gives it an annual dividend of 0.06. It is important to note, however, that the 0.29% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

NEUBERGER BERMAN GROUP LLC holds the second largest percentage of outstanding shares, with 1.711% or 4.55 million shares worth $83.46 million as of 2024-06-30.