Stevanato Group Spa [STVN] stock prices are down -1.59% to $28.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The STVN shares have lost -2.07% over the last week, with a monthly amount drifted -2.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Stevanato Group Spa [NYSE: STVN] stock has seen the most recent analyst activity on November 01, 2023, when Jefferies downgraded its rating to a Hold and also revised its price target to $29 from $39. Previously, Stephens started tracking the stock with Overweight rating on September 26, 2023, and set its price target to $33. On September 19, 2023, CJS Securities initiated with a Market Outperform rating. Morgan Stanley downgraded its rating to a Equal-Weight but stick to its price target of $34 on August 24, 2023. Wells Fargo initiated its recommendation with a Overweight and recommended $24 as its price target on August 10, 2021. Morgan Stanley started tracking with a Overweight rating for this stock on August 10, 2021, and assigned it a price target of $26. In a note dated August 10, 2021, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $27 on this stock.
The stock price of Stevanato Group Spa [STVN] has been fluctuating between $23.00 and $36.30 over the past year. Currently, Wall Street analysts expect the stock to reach $24.67 within the next 12 months. Stevanato Group Spa [NYSE: STVN] shares were valued at $28.40 at the most recent close of the market. An investor can expect a potential drop of -13.13% based on the average STVN price forecast.
Analyzing the STVN fundamentals
The Stevanato Group Spa [NYSE:STVN] reported sales of 1.17B for trailing twelve months, representing a surge of 15.73%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.14 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.43 points at the first support level, and at 26.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.24, and for the 2nd resistance point, it is at 30.08.
Ratios To Look Out For
It’s worth pointing out that Stevanato Group Spa [NYSE:STVN]’s Current Ratio is 1.50. On the other hand, the Quick Ratio is 1.04, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 7.35, the price to book ratio is 6.03 and price to earnings (TTM) ratio is 47.85.
