Stevanato Group Spa (NYSE:STVN)’s traded shares stood at 0.63 million during the last session, with the company’s beta value hitting 0.58. At the close of trading, the stock’s price was $18.97, to imply a decrease of -3.51% or -$0.69 in intraday trading. The STVN share’s 52-week high remains $35.56, putting it -87.45% down since that peak but still an impressive 12.7% since price per share fell to its 52-week low of $16.56. The company has a valuation of $5.17B, with an average of 0.57 million shares in intraday trading volume over the past 10 days and average of 542.31K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Stevanato Group Spa (STVN), translating to a mean rating of 1.55. Of 2 analyst(s) looking at the stock, 0 analyst(s) give STVN a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.14.
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Stevanato Group Spa (NYSE:STVN) trade information
After registering a -3.51% downside in the last session, Stevanato Group Spa (STVN) has traded red over the past five days. The 5-day price performance for the stock is -11.06%, and -11.31% over 30 days. With these gigs, the year-to-date price performance is -30.49%. Short interest in Stevanato Group Spa (NYSE:STVN) saw shorts transact 3.68 million shares and set a 8.82 days time to cover.
The extremes give us $19 and $33 for target low and target high price respectively. As such, STVN has been trading -73.96% off suggested target high and -0.16% from its likely low.
Stevanato Group Spa (STVN) estimates and forecasts
Looking at statistics comparing Stevanato Group Spa share performance against respective industry, we note that the company has underperformed competitors. Stevanato Group Spa (STVN) shares are -34.54% down over the last 6 months, with its year-to-date growth rate lower than industry average at -20.63% against 19.40%. Revenue is forecast to shrink -12.50% this quarter before jumping 5.00% for the next one. The rating firms project that company’s revenue will grow 2.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 302.77M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 357.41M.Earnings reports from the last fiscal year show that sales brought in 296.18M and 347.75M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.20% before jumping 2.80% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 37.59% for the past 5-year period. While 2024 is set for a -16.64% return in earnings, projections for the next 5 years are at 4.18% annually.
STVN Dividends
Stevanato Group Spa has its next earnings report out on 2024-Aug-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Stevanato Group Spa has a forward dividend ratio of 0.06, with the share yield ticking at 0.30% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is NEUBERGER BERMAN GROUP LLC with 4.55 million shares, or about 1.711% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $83.46 million.
We also have Conestoga Small Cap Fund and Neuberger & Berman Genesis Fund as the top two Mutual Funds with the largest holdings of the Stevanato Group Spa (STVN) shares. Going by data provided on Jun 30, 2024 , Conestoga Small Cap Fund holds roughly 4.36 shares. This is just over 1.47% of the total shares, with a market valuation of $82.69 million. Data from the same date shows that the other fund manager holds a little less at 2.53, or 0.86% of the shares, all valued at about 47.96 million.
