Is STERIS Plc Stock a Good Investment?
STERIS Plc Investment Advice | STE |
- Examine STERIS Plc's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research STERIS Plc's leadership team and their track record. Good management can help STERIS Plc navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact STERIS Plc's business and its evolving consumer preferences.
- Compare STERIS Plc's performance and market position to its competitors. Analyze how STERIS Plc is positioned in terms of product offerings, innovation, and market share.
- Check if STERIS Plc pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about STERIS Plc's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in STERIS plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if STERIS plc is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine STERIS Plc Stock
Researching STERIS Plc's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of STERIS Plc was at this time reported as 66.8. The company has Price/Earnings To Growth (PEG) ratio of 1.25. STERIS plc recorded earning per share (EPS) of 5.96. The entity last dividend was issued on the 19th of November 2024. The firm had 2:1 split on the 25th of August 1998.
To determine if STERIS Plc is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding STERIS Plc's research are outlined below:
| STERIS plc generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: LMR Partners LLP Makes New Investment in STERIS plc |
STERIS Plc uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in STERIS plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to STERIS Plc's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact STERIS Plc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises STERIS Plc's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-07-26 | 2000-06-30 | -0.01 | 0.01 | 0.02 | 200 | ||
1996-10-30 | 1996-09-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2006-11-07 | 2006-09-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2005-11-09 | 2005-09-30 | 0.21 | 0.24 | 0.03 | 14 | ||
2002-04-25 | 2002-03-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2001-07-19 | 2001-06-30 | 0.05 | 0.08 | 0.03 | 60 | ||
1997-04-30 | 1997-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2002-07-23 | 2002-06-30 | 0.14 | 0.18 | 0.04 | 28 |
Know STERIS Plc's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as STERIS Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading STERIS plc backward and forwards among themselves. STERIS Plc's institutional investor refers to the entity that pools money to purchase STERIS Plc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Sustainable Growth Advisers, Lp | 2024-09-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.2 M | Impax Asset Management Group Plc | 2024-06-30 | 1.2 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Pictet Asset Manangement Sa | 2024-06-30 | 1.1 M | Bessemer Group Inc | 2024-06-30 | 1.1 M | Principal Financial Group Inc | 2024-09-30 | 1.1 M | Mitsubishi Ufj Asset Management Co.,ltd | 2024-09-30 | 1.1 M | Bank Of America Corp | 2024-06-30 | 1 M | Vanguard Group Inc | 2024-09-30 | 12 M | Blackrock Inc | 2024-06-30 | 9.2 M |
STERIS Plc's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 21.16 B.Market Cap |
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STERIS Plc's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.08 | 0.14 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.11 |
Determining STERIS Plc's profitability involves analyzing its financial statements and using various financial metrics to determine if STERIS Plc is a good buy. For example, gross profit margin measures STERIS Plc's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of STERIS Plc's profitability and make more informed investment decisions.
STERIS Plc's Earnings Breakdown by Geography
Please note, the presentation of STERIS Plc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, STERIS Plc's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of STERIS Plc's management manipulating its earnings.
Evaluate STERIS Plc's management efficiency
STERIS plc has Return on Asset of 0.0545 % which means that on every $100 spent on assets, it made $0.0545 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0927 %, implying that it generated $0.0927 on every 100 dollars invested. STERIS Plc's management efficiency ratios could be used to measure how well STERIS Plc manages its routine affairs as well as how well it operates its assets and liabilities. At present, STERIS Plc's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, STERIS Plc's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1 B, whereas Return On Tangible Assets are forecasted to decline to 0.08.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 63.93 | 67.13 | |
| Tangible Book Value Per Share | 1.27 | 1.21 | |
| Enterprise Value Over EBITDA | 17.71 | 17.29 | |
| Price Book Value Ratio | 3.46 | 4.48 | |
| Enterprise Value Multiple | 17.71 | 17.29 | |
| Price Fair Value | 3.46 | 4.48 | |
| Enterprise Value | 6.4 B | 6.7 B |
Understanding the operational decisions made by STERIS Plc management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0106 | Forward Dividend Yield 0.0106 | Forward Dividend Rate 2.28 | Beta 0.851 |
Basic technical analysis of STERIS Stock
As of the 25th of November, STERIS Plc has the risk adjusted performance of (0.07), and Variance of 1.56. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of STERIS plc, as well as the relationship between them. Please validate STERIS plc coefficient of variation and maximum drawdown to decide if STERIS Plc is priced adequately, providing market reflects its prevalent price of 214.34 per share. Given that STERIS plc has information ratio of (0.20), we advise you to double-check STERIS plc's current market performance to make sure the company can sustain itself at some point in the future.STERIS Plc's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific STERIS Plc insiders, such as employees or executives, is commonly permitted as long as it does not rely on STERIS Plc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases STERIS Plc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
STERIS Plc's Outstanding Corporate Bonds
STERIS Plc issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. STERIS plc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most STERIS bonds can be classified according to their maturity, which is the date when STERIS plc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand STERIS Plc's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing STERIS Plc's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 0.8988 | |||
| Coefficient Of Variation | (1,054) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.71 | |||
| Skewness | (0.92) | |||
| Kurtosis | 3.74 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 0.8988 | |||
| Coefficient Of Variation | (1,054) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.71 | |||
| Skewness | (0.92) | |||
| Kurtosis | 3.74 |
Consider STERIS Plc's intraday indicators
STERIS Plc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of STERIS Plc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
STERIS Plc Corporate Filings
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 2nd of October 2024 Other Reports | ViewVerify |
STERIS Stock media impact
Far too much social signal, news, headlines, and media speculation about STERIS Plc that are available to investors today. That information is available publicly through STERIS media outlets and privately through word of mouth or via STERIS internal channels. However, regardless of the origin, that massive amount of STERIS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of STERIS Plc news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of STERIS Plc relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to STERIS Plc's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive STERIS Plc alpha.
STERIS Plc Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards STERIS Plc can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
STERIS Plc Corporate Directors
| Richard Breeden | Independent Director | Profile | |
| Michael Wood | Independent Director | Profile | |
| Paul Martin | Independent Director | Profile | |
| Jacqueline Kosecoff | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STERIS Plc. If investors know STERIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STERIS Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.305 | Dividend Share 2.13 | Earnings Share 5.96 | Revenue Per Share 53.903 | Quarterly Revenue Growth 0.073 |
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between STERIS Plc's value and its price, as these two are different measures arrived at by various means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.