STERIS - STE Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STERIS in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STE shares.
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6 brokerages have issued 1-year price targets for STERIS's stock. Their STE share price forecasts range from $237.00 to $275.00. On average, they expect the company's stock price to reach $252.00 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for STE or view top-rated stocks among Wall Street analysts.

STERIS's stock was trading at $243.41 on January 1st, 2022. Since then, STE shares have decreased by 16.2% and is now trading at $203.93.
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STERIS saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 1,890,000 shares, an increase of 31.3% from the July 31st total of 1,440,000 shares. Based on an average trading volume of 478,100 shares, the short-interest ratio is presently 4.0 days. Currently, 1.9% of the shares of the company are sold short.
View STERIS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our STE earnings forecast.

STERIS plc (NYSE:STE) posted its quarterly earnings data on Tuesday, November, 2nd. The medical equipment provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $0.17. The medical equipment provider earned $1.20 billion during the quarter, compared to analysts' expectations of $1.16 billion. STERIS had a trailing twelve-month return on equity of 12.40% and a net margin of 7.90%. During the same quarter last year, the business posted $1.48 EPS.
Read the conference call transcript.

STERIS announced a quarterly dividend on Thursday, July 28th. Stockholders of record on Wednesday, September 7th will be given a dividend of $0.47 per share on Friday, September 23rd. This represents a $1.88 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Tuesday, September 6th. This is an increase from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for STE.

STERIS (NYSE:STE) pays an annual dividend of $1.72 per share and currently has a dividend yield of 0.87%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STE will have a dividend payout ratio of 17.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STE.

STERIS issued an update on its FY 2023 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $8.40-$8.60 for the period, compared to the consensus estimate of $8.70. The company issued revenue guidance of $5.00 billion-$5.00 billion, compared to the consensus revenue estimate of $5.12 billion.

196 employees have rated STERIS Chief Executive Officer Walter M. Rosebrough, Jr. on Glassdoor.com. Walter M. Rosebrough, Jr. has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other STERIS investors own include Johnson & Johnson (JNJ), Home Depot (HD), AT&T (T), Visa (V), AbbVie (ABBV), Abbott Laboratories (ABT), Pfizer (PFE), Gilead Sciences (GILD), Mastercard (MA) and Medtronic (MDT).

STERIS trades on the New York Stock Exchange (NYSE) under the ticker symbol "STE."

STERIS's stock is owned by many different institutional and retail investors. Top institutional investors include WCM Investment Management LLC (6.10%), Massachusetts Financial Services Co. MA (4.60%), State Street Corp (4.24%), Price T Rowe Associates Inc. MD (2.39%), Pictet Asset Management SA (1.69%) and Northern Trust Corp (1.31%). Insiders that own company stock include Cary L Majors, Cary L Majors, Cynthia L Feldmann, Daniel A Carestio, David B Lewis, Jacqueline B Kosecoff, John Adam Zangerle, Julia Madsen, Karen L Burton, Michael J Tokich, Mohsen Sohi, Renato Tamaro, Richard C Breeden, Richard Martin Steeves and Walter M Rosebrough Jr.
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Shares of STE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STE stock can currently be purchased for approximately $203.93.

STERIS (NYSE:STE) has a market capitalization of $20.40 billion and generates $4.59 billion in revenue each year. The medical equipment provider earns $243.89 million in net income (profit) each year or $3.73 on an earnings per share basis.

The company employs 16,422 workers across the globe.

STERIS was founded in 1987.

STERIS's mailing address is 70 Sir John Rogerson`s Quay, Dublin L2, D02 R296. The official website for the company is www.steris.com. The medical equipment provider can be reached via phone at (531) 232-2000, via email at julie_winter@steris.com, or via fax at 440-639-4457.