Analyst Ratings for Steris PLC (STE)

Updated: 2017-07-26

Steris PLC (NYSE:STE) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for STE last month.

5 analysts declared STE a buy, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

STE was given price targets by several analysts. The most optimistic price target was 94, implying a possible profit of 13.93 percent. The most pessimistic price target was 75.17, implying a possible loss of -8.9 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.62 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.19 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -1.58 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

The growth rate of STE's earnings is estimated by analysts to be 214.99 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. STE has a PEG ratio of 0.3.

In the last 52-weeks, STE has achieved a high of 83.54 and a low of 63.80. The current market price is above the trailing year's low by 29.33 percent, and 1.23 percent lower than its 52-week high. STE has a price/earnings ratio of 64.51. Investors typically compare the P/E ratio to a company's peers in the industry. The STE value stock report compares STE to some of its peers using value stock charts. The market cap of STE is $7.06 billion. STE's next earnings release will be on 0000-00-00, which is days away.