Stevanato Group Spa [NYSE: STVN] traded at a low on Thursday, posting a -21.59 loss after which it closed the day’ session at $21.10.
The results of the trading session contributed to over 4692251 shares changing hands. Over the past one week, the price volatility of Stevanato Group Spa stands at 8.37% while the volatility over the past one month is 5.24%.
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The market cap for STVN stock reached $6.41 billion, with 303.80 million shares outstanding and 49.48 million shares in the current float. Compared to the average trading volume of 400.37K shares, STVN reached a trading volume of 4692251 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Stevanato Group Spa [STVN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STVN shares is $33.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STVN stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Stevanato Group Spa shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 22, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $39 to $29. The new note on the price target was released on November 01, 2023, representing the official price target for Stevanato Group Spa stock. Previously, the target price had yet another raise to $33, while Stephens analysts kept a Overweight rating on STVN stock.
The Average True Range (ATR) for Stevanato Group Spa is set at 1.76, with the Price to Sales ratio for STVN stock in the period of the last 12 months amounting to 5.46. The Price to Book ratio for the last quarter was 4.48, with the Price to Cash per share for the same quarter was set at 0.25.
How has STVN stock performed recently?
Stevanato Group Spa [STVN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.30. With this latest performance, STVN shares dropped by -27.24% in over the last four-week period, additionally sinking by -20.41% over the last 6 months – not to mention a drop of -22.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STVN stock in for the last two-week period is set at 22.55, with the RSI for the last a single of trading hit 17.60, and the three-weeks RSI is set at 27.34 for Stevanato Group Spa [STVN]. The present Moving Average for the last 50 days of trading for this stock 29.14, while it was recorded at 25.75 for the last single week of trading, and 29.72 for the last 200 days.
Stevanato Group Spa [STVN]: Deeper insight into the fundamentals
Stevanato Group Spa’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.50.
Earnings analysis for Stevanato Group Spa [STVN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for STVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Stevanato Group Spa go to 4.18%.
Insider trade positions for Stevanato Group Spa [STVN]
The top three institutional holders of STVN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in STVN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in STVN stock with ownership which is approximately 5.8386%.
