STE – 23 April 2024 – AI Stock Analysis & News

STERIS plc (NYSE:STE) has received a “Moderate Buy” rating and experienced changes in institutional holdings.

Stock AI’s forecasts:
🔴 -12.0% short-term ⬇️
🟢 +1.4% long-term ⬆️

Stock AI’s (STE) Forecast get (+9.9% Profit)


StockAI’s analysis delivers real-world results. On 09 November 2023, $STE ($200.65), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $220.48 (🟢9.9%). Buying STE on this signal yielded a +9.9% profit 💰💰.

STE-STERIS plc News


🔴 Stratos Wealth Partners LTD. trimmed its position in shares of STERIS plc, selling 49 shares in the 4th quarter.
🟢 Mutual Advisors LLC increased their holdings in STERIS plc by 16.0% in the fourth quarter.
🔴 Great Lakes Retirement Inc. decreased its position in STERIS plc by 9.6% during the 4th quarter.
🔴 Boston Trust Walden Corp cut its holdings in STERIS plc by 73.2% in the 4th quarter.
🟢 Needham & Company LLC reaffirmed their hold rating on shares of STERIS, according to a research note released on Friday.
🔴 Confluence Wealth Services Inc. trimmed its position in STERIS plc by 9.2% during the 4th quarter.

STERIS plc has recently received mixed news coverage, with some firms trimming their positions in the stock while others have increased their holdings. The average recommendation for the stock remains a “Moderate Buy” from research firms. The negative impact of firms trimming their positions may lead to a short-term forecast of -12.0% in the stock price, while the positive impact of increased holdings may lead to a long-term forecast of +1.4%. Investors should carefully consider these recent developments and the potential impact on the stock price in the coming months.

STE-STERIS plc Analyst Ratings


In recent analyst ratings for STERIS plc (NYSE:STE) stock, there have been several changes noted:

📉 Needham & Company LLC reaffirmed their hold rating on shares of STERIS.
📈 Zacks Research upped their FY2025 earnings per share estimates for STERIS.
📈 Zacks Research raised their Q1 2026 earnings per share estimates for STERIS.

Sources:
1. Needham & Company LLC Rating
2. Zacks Research FY2025 Estimates
3. Zacks Research Q1 2026 Estimates

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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