Shares of Stevanato Group S.p.A. (NYSE:STVN – Get Free Report) have earned an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company.
Several research analysts have recently issued reports on STVN shares. Wolfe Research began coverage on Stevanato Group in a research note on Tuesday, June 2nd. They issued an “outperform” rating and a $21.00 price objective for the company. Weiss Ratings upgraded Stevanato Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Finally, TD Cowen upgraded shares of Stevanato Group to a “strong-buy” rating in a report on Wednesday, June 17th.
Read Our Latest Report on Stevanato Group
Insider Buying and Selling at Stevanato Group
Institutional Trading of Stevanato Group
A number of hedge funds have recently modified their holdings of STVN. Cooper Investors PTY Ltd. boosted its holdings in Stevanato Group by 17.8% during the fourth quarter. Cooper Investors PTY Ltd. now owns 695,245 shares of the company’s stock worth $13,988,000 after buying an additional 104,937 shares in the last quarter. Conestoga Capital Advisors LLC increased its holdings in Stevanato Group by 7.6% in the first quarter. Conestoga Capital Advisors LLC now owns 8,491,751 shares of the company’s stock valued at $116,762,000 after buying an additional 602,050 shares in the last quarter. Jennison Associates LLC raised its position in shares of Stevanato Group by 13.7% in the fourth quarter. Jennison Associates LLC now owns 1,772,896 shares of the company’s stock worth $35,671,000 after acquiring an additional 213,602 shares during the period. Kornitzer Capital Management Inc. KS purchased a new stake in shares of Stevanato Group during the 1st quarter worth about $1,856,000. Finally, Van Berkom & Associates Inc. boosted its stake in shares of Stevanato Group by 2,944.2% during the 1st quarter. Van Berkom & Associates Inc. now owns 170,994 shares of the company’s stock worth $2,351,000 after acquiring an additional 165,377 shares in the last quarter.
Stevanato Group Price Performance
Shares of STVN opened at €19.43 on Friday. The firm has a market capitalization of $5.88 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 1.76 and a beta of 0.78. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.63 and a quick ratio of 1.11. Stevanato Group has a 1-year low of €12.89 and a 1-year high of €28.00. The company’s fifty day moving average price is €18.31 and its 200-day moving average price is €17.03.
Stevanato Group (NYSE:STVN – Get Free Report) last released its earnings results on Friday, May 8th. The company reported €0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of €0.12 by (€0.01). Stevanato Group had a net margin of 11.76% and a return on equity of 10.27%. The firm had revenue of €273.57 million during the quarter. During the same quarter last year, the firm posted $0.10 earnings per share. Stevanato Group’s revenue for the quarter was up 6.6% compared to the same quarter last year. On average, equities research analysts predict that Stevanato Group will post 0.68 EPS for the current year.
About Stevanato Group
Stevanato Group is a global provider of primary packaging solutions and related services for the pharmaceutical and biotech industries. The company specializes in the design, development and manufacturing of glass drug containers such as vials, cartridges and pre-fillable syringes, as well as advanced inspection systems and assembly equipment. Its integrated offerings cover the entire packaging supply chain, from component production to bespoke filling lines and serialization technology.
In addition to its core glass business, Stevanato Group delivers engineering services and process validation support to pharmaceutical customers.
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