Stevanato Group (NYSE:STVN – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.580-0.630 for the period, compared to the consensus estimate of 0.610. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.
Stevanato Group Stock Up 0.9%
Stevanato Group stock opened at €24.97 on Thursday. The company has a 50-day simple moving average of €25.34 and a 200-day simple moving average of €24.19. The firm has a market capitalization of $7.56 billion, a P/E ratio of 46.24, a P/E/G ratio of 2.33 and a beta of 0.56. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.22 and a current ratio of 1.79. Stevanato Group has a one year low of €17.49 and a one year high of €28.00.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stevanato Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Institutional Trading of Stevanato Group
A number of hedge funds have recently made changes to their positions in the stock. Bamco Inc. NY lifted its position in shares of Stevanato Group by 2.1% in the second quarter. Bamco Inc. NY now owns 1,888,050 shares of the company’s stock worth $46,125,000 after purchasing an additional 39,528 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Stevanato Group by 14.2% in the second quarter. Ameriprise Financial Inc. now owns 708,821 shares of the company’s stock worth $17,316,000 after purchasing an additional 87,942 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Stevanato Group by 21.2% in the second quarter. Raymond James Financial Inc. now owns 567,803 shares of the company’s stock worth $13,871,000 after purchasing an additional 99,328 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Stevanato Group by 10.8% in the first quarter. Royal Bank of Canada now owns 437,284 shares of the company’s stock worth $8,930,000 after purchasing an additional 42,731 shares in the last quarter. Finally, Sei Investments Co. raised its position in Stevanato Group by 16.9% during the second quarter. Sei Investments Co. now owns 231,244 shares of the company’s stock valued at $5,649,000 after acquiring an additional 33,419 shares in the last quarter.
Stevanato Group Company Profile
Stevanato Group S.p.A. engages in the design, production, and distribution of products and processes to provide integrated solutions for bio-pharma and healthcare industries in Europe, the Middle East, Africa, North America, South America, and the Asia Pacific. The company operates in two segments, Biopharmaceutical and Diagnostic Solutions; and Engineering.
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