STERIS (STE) Stock Forecast & Price Target

$207.49 +3.15 (+1.54%)

(As of 12/20/2024 05:16 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

Moderate Buy

Based on 5 Analyst Ratings

Sell
0

Hold
1

Buy
4

Based on 5 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 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for STE.

Consensus Price Target

$262.50
26.51% Upside

According to the 5 analysts' twelve-month price targets for STERIS, the average price target is $262.50. The highest price target for STE is $265.00, while the lowest price target for STE is $260.00. The average price target represents a forecasted upside of 26.51% from the current price of $207.49.

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STE Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
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	1 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	$262.50	$253.00	$246.00	$240.60
Forecasted Upside	26.51% Upside	18.04% Upside	2.77% Upside	9.47% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

STERIS Stock vs. The Competition

Type	STERIS	Medical Companies	S&P 500
Consensus Rating Score	2.80	2.81	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	26.51% Upside	25,827.51% Upside	14.53% Upside
News Sentiment Rating	Very Positive News See Recent STE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/18/2024	JMP Securities 2 of 5 stars		Reiterated Rating	Market Outperform ➝ Market Outperform	$265.00 ➝ $265.00	+20.53%
11/8/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Hold
11/7/2024	Stephens 4 of 5 stars		Reiterated Rating	Overweight ➝ Overweight	$260.00 ➝ $260.00	+21.88%
10/24/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Bednar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$230.00 ➝ $260.00	+17.57%
9/3/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$255.00 ➝ $265.00	+9.11%
12/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$225.00 ➝ $215.00	+5.65%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:18 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 Thursday, December 12, 2024. Please send any questions or comments about these STERIS pros and cons to contact@marketbeat.com.

STERIS
Bull Case

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

STERIS plc recently reported earnings per share of $2.14, exceeding the consensus estimate of $2.12, indicating strong financial performance and effective management.
The company has shown a revenue increase of 7.3% compared to the same quarter last year, reflecting growth in its market and demand for its infection prevention products and services.
With a current stock price of $215.71, STERIS plc is positioned within a 52-week range of $197.82 to $248.24, suggesting potential for price appreciation as it approaches its high.
STERIS plc has a solid financial foundation, evidenced by a quick ratio of 1.55 and a current ratio of 2.41, indicating good short-term liquidity and the ability to cover its liabilities.
The company has declared a quarterly dividend of $0.57 per share, translating to an annualized dividend yield of approximately 1.04%, providing a return on investment for shareholders.

STERIS
Bear Case

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

The stock has experienced significant insider selling, with the CFO selling 23,332 shares at an average price of $247.00, which may indicate a lack of confidence in the stock's future performance.
Despite a positive earnings report, the company's price-to-earnings (P/E) ratio stands at 49.29, which is relatively high and may suggest that the stock is overvalued compared to its earnings.
STERIS plc has a net margin of 8.02%, which, while positive, may be lower than industry peers, indicating potential challenges in maintaining profitability.
The company has a debt-to-equity ratio of 0.33, which is relatively low, but any increase in debt could impact financial stability and investor confidence.
Market volatility and economic uncertainties could adversely affect STERIS plc's stock performance, especially in the healthcare sector, which is sensitive to regulatory changes and market dynamics.

STE Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for STERIS is $262.50, with a high forecast of $265.00 and a low forecast of $260.00.
: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STERIS in the last twelve months. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STE shares.
: According to analysts, STERIS's stock has a predicted upside of 26.51% 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 2.80 while the average consensus rating score for "medical" companies is 2.81. Learn more on how STE compares to other companies.

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This page (NYSE:STE) was last updated on 12/22/2024 by MarketBeat.com Staff

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STERIS (STE) Stock Forecast & Price Target