Wells Fargo raised the price target for the Stevanato Group S.p.A. (NYSE:STVN) stock to “an Overweight”. The rating was released on August 10, 2021. The research report from KeyBanc Capital Markets has initiated the stock to Overweight, with a price target set at $27. The stock was initiated by Jefferies, who disclosed in a research note on August 10, 2021, to Buy and set the price objective to $25. In their research brief published August 10, 2021, Citigroup analysts initiated the Stevanato Group S.p.A. stock to Buy with a price target of $27.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Stevanato Group S.p.A. (NYSE:STVN) dipped -0.73% to close Thursday’s market session at $25.80, lower as compared to yesterday’s close. The stock price fluctuated between $25.59 and $26.36 throughout the trading session with the volume trading being 2596710 shares, which represented a significant variation when compared to the three months average volume of 1.53 million shares. The firm’s stock price fluctuated 12.61% within the last five trades and 30.96% within the last 30 trades, which was a significant change from the beginning of this year. STVN stock is trading at a margin of 19.90%, 22.92% and 22.92% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, STVN deals in the Healthcare domain. The stock is trading -2.64 percent below its 52-week high and 55.33 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Stevanato Group S.p.A.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $7.06 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Stevanato Group S.p.A. (NYSE:STVN) is 60.42. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 8.42 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 18.53, which equates the market value of a stock with its book value.