With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.67 million shares. The 52-week range on STE shows that it touched its highest point at $252.79 and its lowest point at $200.98 during that stretch. It currently has a 1-year price target of $276.00. With its current market cap of 23.95 billion, STE has annualized dividend of $2.23 while the current yield stands at 0.91%. Beta for the stock currently stands at 0.94.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STE was down-trending over the past week, with a drop of -1.25%, but this was up by 8.90% over a month. Three-month performance surged to 10.54% while six-month performance rose 12.30%. The stock gained 4.75% in the past year, while it has gained 18.60% so far this year. A look at the trailing 12-month EPS for STE yields 6.21 with Next year EPS estimates of 11.00. For the next quarter, that number is 2.27. This implies an EPS growth rate of 7.59% for this year and 9.59% for next year. EPS is expected to grow by 8.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.43%.
Float and Shares Shorts:
At present, 98.25 million STE shares are outstanding with a float of 97.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STE since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.69478 being high and $8.59437 being low. For STE, this leads to a yearly average estimate of $8.60429. Based on analyst estimates, the high estimate for the next quarter is $2.42 and the low estimate is $2.3. The average estimate for the next quarter is thus $2.37.
