A share price of StepStone Group Inc [STEP] is currently trading at $55.85, up 2.40%. An important factor to consider is whether the stock is rising or falling in short-term value. The STEP shares have gain 6.93% over the last week, with a monthly amount drifted -11.93%, and not 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.
StepStone Group Inc experienced fluctuations in its stock price throughout the past year between $33.06 and $70.38. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. StepStone Group Inc [NASDAQ: STEP] shares were valued at $55.85 at the most recent close of the market. An investor can expect a potential drop of -1.52% based on the average STEP price forecast.
Analyzing the STEP fundamentals
Trailing Twelve Months sales for StepStone Group Inc [NASDAQ:STEP] were 1.16B which represents 2110.30% growth. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.29 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.
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 54.26 points at the first support level, and at 52.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.24, and for the 2nd resistance point, it is at 58.62.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.59, the price to book ratio is 20.19.
Transactions by insiders
Recent insider trading involved Hart Scott W, Chief Executive Officer, that happened on Feb 20 ’25 when 10000.0 shares were sold. Chief Accounting Officer, Keathley Anthony completed a deal on Feb 19 ’25 to sell 538.0 shares. Meanwhile, Director HART FAMILY TRUST U/T/A DTD 10 bought 30000.0 shares on Feb 20 ’25.
