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.

Many analysts weighed in on price targets for STE. The most optimistic price target was 94, implying a possible profit of 13.93 percent. The most pessimistic price target was 75.17, which equates to a potential downside of -8.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of STE to grow at a rate of 214.99 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. STE has a PEG ratio of 0.3.

STE has a 52-week high of 83.54 and a 52-week low of 63.80. The current market price is above the trailing year's low by 29.33 percent, and below the high by 1.23 percent. STE has a P/E 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.