Currently, StepStone Group Inc [STEP] is trading at $64.21, up 0.80%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The STEP shares have gain 6.59% over the last week, with a monthly amount glided 10.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
StepStone Group Inc [NASDAQ: STEP] stock has seen the most recent analyst activity on April 11, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $49 from $40. Previously, Oppenheimer started tracking the stock with Outperform rating on March 20, 2024, and set its price target to $48. On September 07, 2022, BofA Securities initiated with a Buy rating and assigned a price target of $42 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $33 on August 31, 2022. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $30 on July 19, 2022. Evercore ISI started tracking with a Outperform rating for this stock on December 22, 2021, and assigned it a price target of $48. In a note dated January 26, 2021, UBS downgraded an Neutral rating on this stock and boosted its target price from $32 to $38.
This stock has fluctuated between a low of $32.22 and a high of $70.38 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $53.5 within the next 12 months. StepStone Group Inc [NASDAQ: STEP] shares were valued at $64.21 at the most recent close of the market. An investor can expect a potential drop of -16.68% based on the average STEP price forecast.
Analyzing the STEP fundamentals
Trailing Twelve Months sales for StepStone Group Inc [NASDAQ:STEP] were 801.94M which represents 42.88% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.17 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
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 63.11 points at the first support level, and at 62.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.96, and for the 2nd resistance point, it is at 65.72.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 9.22, the price to book ratio is 11.74 and price to earnings (TTM) ratio is 103.53.
Transactions by insiders
Recent insider trading involved McCabe Michael I, Head of Strategy, that happened on Dec 03 ’24 when 4000.0 shares were sold. Head of Strategy, McCabe Michael I completed a deal on Dec 03 ’24 to sell 2200.0 shares. Meanwhile, Chief Executive Officer Hart Scott W sold 37909.0 shares on Dec 04 ’24.
