In last trading session, Stevanato Group Spa (NYSE:STVN) saw 0.82 million shares changing hands with its beta currently measuring 0.65. Company’s recent per share price level of $21.78 trading at -$0.94 or -4.14% at ring of the bell on the day assigns it a market valuation of $5.94B. That closing price of STVN’s stock is at a discount of -59.46% from its 52-week high price of $34.73 and is indicating a premium of 23.97% from its 52-week low price of $16.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.65 million shares which gives us an average trading volume of 496.66K if we extend that period to 3-months.

For Stevanato Group Spa (STVN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.55. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.2 in the current quarter.

Stevanato Group Spa (NYSE:STVN) trade information

Upright in the red during last session for losing -4.14%, in the last five days STVN remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $21.78 price level, adding 7.59% to its value on the day. Stevanato Group Spa’s shares saw a change of -20.19% in year-to-date performance and have moved 11.18% in past 5-day. Stevanato Group Spa (NYSE:STVN) showed a performance of 18.89% in past 30-days. Number of shares sold short was 4.1 million shares which calculate 7.76 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a rise of 12.88% to its current value. Analysts have been projecting 19 as a low price target for the stock while placing it at a high target of 33. It follows that stock’s current price would jump 12.76% in reaching the projected high whereas dropping to the targeted low would mean a gain of 12.76% for stock’s current value.

Stevanato Group Spa (STVN) estimates and forecasts

Statistics highlight that Stevanato Group Spa is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -0.18% of value to its shares in past 6 months, showing an annual growth rate of -20.63% while that of industry is 18.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -0.10% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 345.24M for the same. And 4 analysts are in estimates of company making revenue of 268.75M in the next quarter. Company posted 347.75M and 254.58M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 37.59% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -17.13% while estimates for its earnings growth in next 5 years are of 17.50%.

Stevanato Group Spa (NYSE:STVN)’s Major holders

CONESTOGA CAPITAL ADVISORS, LLC is the top institutional holder at STVN for having 7.28 million shares of worth $133.44 million. And as of 2024-06-30, it was holding 2.7358 of the company’s outstanding shares.

The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 4.55 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.711 of outstanding shares, having a total worth of $83.46 million.