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STERIS (STE) Stock Forecast & Price Target

STERIS logo
$218.20 -0.66 (-0.30%)
(As of 12:30 PM ET)

STERIS - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
4

Based on 6 Wall Street analysts who have issued ratings for STERIS in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for STE.

Consensus Price Target

$253.00
15.95% Upside
According to the 6 analysts' twelve-month price targets for STERIS, the average price target is $253.00. The highest price target for STE is $265.00, while the lowest price target for STE is $215.00. The average price target represents a forecasted upside of 15.95% from the current price of $218.20.
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STE Analyst Ratings Over Time

TypeCurrent Forecast
12/4/23 to 12/3/24
1 Month Ago
11/4/23 to 11/3/24
3 Months Ago
9/5/23 to 9/4/24
1 Year Ago
12/4/22 to 12/4/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$253.00$253.00$246.00$240.60
Forecasted Upside15.95% Upside12.35% Upside2.33% Upside20.74% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

STE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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STE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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STERIS Stock vs. The Competition

TypeSTERISMedical CompaniesS&P 500
Consensus Rating Score
2.67
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside15.59% Upside25,883.65% Upside6.71% Upside
News Sentiment Rating
Positive News

See Recent STE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform$265.00 ➝ $265.00+20.53%
11/8/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingHold
11/7/2024Stephens
4 of 5 stars
 Reiterated RatingOverweight ➝ Overweight$260.00 ➝ $260.00+21.88%
10/24/2024Piper Sandler
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J. Bednar
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UpgradeNeutral ➝ Overweight$230.00 ➝ $260.00+17.57%
9/3/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$255.00 ➝ $265.00+9.11%
12/4/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$225.00 ➝ $215.00+5.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:50 PM ET.


Should I Buy STERIS Stock? STE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 1, 2024. Please send any questions or comments about these STERIS pros and cons to contact@marketbeat.com.

STERIS
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in STERIS plc:

  • STERIS plc reported earnings per share (EPS) of $2.14 for the latest quarter, exceeding the consensus estimate of $2.12, indicating strong financial performance and effective management.
  • The company has shown a year-over-year revenue growth of 7.3%, reaching $1.33 billion, which reflects its ability to expand and capture market share in the medical equipment sector.
  • STERIS plc has declared a quarterly dividend of $0.57, with a dividend yield of 1.08%. This consistent dividend payment can provide a steady income stream for investors.
  • Analysts have set a consensus price target of $253.00 for STERIS plc, with several firms issuing buy ratings, suggesting potential for stock price appreciation.
  • The company maintains a return on equity of 13.78%, which indicates efficient use of shareholders' equity to generate profits, a positive sign for investors looking for solid returns.

STERIS
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in STERIS plc for these reasons:

  • Insider selling has been observed, with the CFO selling 23,332 shares, which may raise concerns about the company's future prospects and insider confidence.
  • The stock has experienced fluctuations, with recent price targets ranging from $260.00 to $265.00, indicating uncertainty in market sentiment.
  • Despite the positive revenue growth, the net margin stands at 8.02%, which may suggest that the company faces challenges in controlling costs and maximizing profitability.
  • With a dividend payout ratio of 52.05%, there is a risk that future dividends could be reduced if the company faces financial difficulties or if it needs to reinvest profits for growth.
  • Market analysts have mixed ratings, with some firms maintaining a hold rating, which may indicate a lack of strong bullish sentiment among experts.

STE Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for STERIS is $253.00, with a high forecast of $265.00 and a low forecast of $215.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for STERIS in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STE shares.

According to analysts, STERIS's stock has a predicted upside of 15.95% based on their 12-month stock forecasts.

Over the previous 90 days, STERIS's stock had 1 upgrade by analysts.

STERIS has been rated by research analysts at JMP Securities, Needham & Company LLC, Piper Sandler, and Stephens in the past 90 days.

Analysts like STERIS less than other "medical" companies. The consensus rating score for STERIS is 2.67 while the average consensus rating score for "medical" companies is 2.81. Learn more on how STE compares to other companies.


This page (NYSE:STE) was last updated on 12/3/2024 by MarketBeat.com Staff
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