Stock Updates

Is this Large Market Cap Stock target price reasonable for Steris Plc (NYSE:STE)?

The company in question is, Steris Plc (NYSE:STE) currently with a stock price of 69.97 (0.24% today). The market cap for Steris Plc is 6074, and is in the sector Healthcare, and Medical Appliances & Equipment industry. The target price for Steris Plc is 87.33. Currently Steris Plc is trading with a P/E of 42.82, and a forward P/E of 16. Average volume for Steris Plc is 498.33 and so far today it is 111166.

Performance in the last year for Steris Plc has been 8.63%. For EPS growth, Steris Plc has seen a growth of -30.80%, and is looking to grow in the next year to 11.90%. More long term stats show that EPS growth has been 12.80% over the last five years and could be 10.00% for the next five years. Steris Plc has seen sales growth quarter over quarter at 45.10%, with EPS growth quarter over quarter at 38.80%. The 20-day simple moving average is -1.85%, with the 200-day simple moving average coming to 1.10%.

Since the IPO date for Steris Plc on the 06/01/1992, Steris Plc has seen performance year to date to be -6.29%. With Steris Plc trading at 69.97, the dividend yield is 1.60%, and the EPS is 1.63.

So could Steris Plc, be undervalued? Well as said before P/E is 42.82. The PEG is 4.28, P/S is 2.49 and the P/B is at 1.98. The P/cash is 25.06, with P/free cash flow at 77.08.

Steris Plc ability to deal with debt shows that the current ratio is 2.6, and the quick ratio is 2. This is with long term debt/equity at 0.51, and total debt/equity at 0.51.

In terms of margins, Steris Plc has a gross margin of 39.00%, an operating margin of 9.90% and a profit margin of 5.50%.Payout ratio for Steris Plc is 61.00%. Return on assets come to 2.90% with return on investment coming to 3.30%.

Insider ownership for Steris Plc, is at 0.50% and institutional ownership comes to 98.30%. Outstanding shares are at 87.02. While shares float is 84.51. The float short is currently 3.27%, and short ratio is 5.55.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Stephen Butters

Leave a Comment