STERIS plc (STE)
NYSE: STE · IEX Real-Time Price · USD
199.51
-1.30 (-0.65%)
Apr 19, 2024, 4:00 PM EDT - Market closed
STERIS Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for STERIS stock have an average target of 242.67, with a low estimate of 215 and a high estimate of 265. The average target predicts an increase of 21.63% from the current stock price of 199.51.
Analyst Consensus: Buy
* Price targets were last updated on Feb 9, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 12, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $250 | Buy | Reiterates | $250 | +25.31% | Feb 9, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $265 | Buy | Reiterates | $265 | +32.83% | Feb 8, 2024 |
| Keybanc | Keybanc | Buy Initiates $253 | Buy | Initiates | $253 | +26.81% | Feb 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $225 → $215 | Hold | Maintains | $225 → $215 | +7.76% | Dec 4, 2023 |
Financial Forecast
Revenue This Year
5.52B
from 4.96B
Increased by 11.36%
Revenue Next Year
5.89B
from 5.52B
Increased by 6.68%
EPS This Year
8.75
from 1.07
Increased by 717.48%
EPS Next Year
9.63
from 8.75
Increased by 10.06%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 5.8B | 6.2B | 6.6B |
| Avg | 5.5B | 5.9B | 6.2B |
| Low | 5.3B | 5.7B | 6.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 16.4% | 11.7% | 11.2% |
| Avg | 11.4% | 6.7% | 5.9% |
| Low | 7.3% | 2.5% | 1.8% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 9.13 | 10.13 | 11.06 |
| Avg | 8.75 | 9.63 | 10.42 |
| Low | 8.45 | 9.20 | 9.72 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 753.3% | 15.8% | 14.8% |
| Avg | 717.5% | 10.1% | 8.2% |
| Low | 689.5% | 5.2% | 1.0% |
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.