STERIS plc (STE)

STERIS Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for STERIS stock have an average target of 244.33, with a low estimate of 215 and a high estimate of 265. The average target predicts an increase of 8.93% from the current stock price of 224.29.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$215	$244.33	$253	$265
Change	-4.14%	+8.93%	+12.80%	+18.15%

* Price targets were last updated on May 10, 2024.

Analyst Ratings

The average analyst rating for STERIS stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	4	4	4	4	4	4
Hold	2	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Bednar Piper Sandler	Piper Sandler	Hold Reiterates $220 → $225	Hold	Reiterates	$220 → $225	+0.32%	May 10, 2024
Mike Matson Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	May 10, 2024
David Turkaly JMP Securities	JMP Securities	Buy Reiterates $265	Buy	Reiterates	$265	+18.15%	May 9, 2024
Mike Matson Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 12, 2024
Jacob Johnson Stephens & Co.	Stephens & Co.	Buy Reiterates $250	Buy	Reiterates	$250	+11.46%	Feb 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.59B

Increased by 8.69%

from 5.14B

Revenue Next Year

5.89B

Increased by 5.51%

from 5.59B

EPS This Year

9.28

Increased by 143.52%

from 3.81

EPS Next Year

10.18

Increased by 9.71%

from 9.28

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	3.03B	3.11B	4.22B	4.54B	5.14B	5.59B	5.89B	6.22B	6.81B	7.25B
Revenue Growth	8.94%	2.53%	35.91%	7.41%	13.28%	8.69%	5.51%	5.50%	9.49%	6.54%
EPS	4.76	4.63	2.48	1.07	3.81	9.28	10.18	10.85	11.32	12.52
EPS Growth	34.08%	-2.73%	-46.44%	-56.85%	256.07%	143.52%	9.71%	6.64%	4.30%	10.62%
Forward PE	-	-	-	-	-	24.17	22.03	20.66	19.81	17.91
No. Analysts	-	-	-	-	-	10	10	5	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	6.1B	6.2B	6.6B	7.1B	7.5B
Avg	5.6B	5.9B	6.2B	6.8B	7.3B
Low	5.3B	5.6B	6.0B	6.6B	7.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	19.0%	11.2%	12.7%	13.8%	10.8%
Avg	8.7%	5.5%	5.5%	9.5%	6.5%
Low	4.1%	1.0%	1.0%	6.2%	3.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	10.03	10.92	11.78	11.77	13.02
Avg	9.28	10.18	10.85	11.32	12.52
Low	8.90	9.53	10.08	10.99	12.15

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	163.2%	17.7%	15.7%	8.4%	15.0%
Avg	143.5%	9.7%	6.6%	4.3%	10.6%
Low	133.6%	2.7%	-0.9%	1.2%	7.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.