Stevanato Group (NYSE:STVN) Releases FY 2025 Earnings Guidance

Key Points

• Stevanato Group issued FY 2025 earnings guidance, projecting an EPS of 0.530-0.570 and revenue of $1.2 billion to $1.3 billion.
• Shares of Stevanato Group decreased by 9.4%, trading at €23.18 ($26.95), with an average price target of €25.70 ($29.88) according to analysts.
• The Royal Bank of Canada increased its stake in Stevanato Group by 10.8%, owning approximately 0.14% of the company valued at $8.93 million.

Stevanato Group (NYSE:STVN - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.530-0.570 for the period. The company issued revenue guidance of $1.2 billion-$1.3 billion.

Stevanato Group Stock Down 2.9%

NYSE:STVN traded down €0.70 ($0.81) during trading hours on Friday, hitting €23.50 ($27.33). The company's stock had a trading volume of 364,300 shares, compared to its average volume of 374,159. The stock has a market capitalization of $7.12 billion, a P/E ratio of 43.52, a price-to-earnings-growth ratio of 2.38 and a beta of 0.55. The stock has a fifty day moving average of €24.52 and a 200-day moving average of €22.44. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.25. Stevanato Group has a 52-week low of €17.12 ($19.91) and a 52-week high of €28.00 ($32.56).

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Stephens raised Stevanato Group to a "strong-buy" rating in a report on Monday, April 21st. William Blair reaffirmed an "outperform" rating on shares of Stevanato Group in a report on Monday, June 30th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of €25.13 ($29.22).

Hedge Funds Weigh In On Stevanato Group

An institutional investor recently raised its position in Stevanato Group stock. Royal Bank of Canada boosted its position in Stevanato Group S.p.A. (NYSE:STVN - Free Report) by 10.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 437,284 shares of the company's stock after purchasing an additional 42,731 shares during the period. Royal Bank of Canada owned about 0.14% of Stevanato Group worth $8,930,000 as of its most recent filing with the Securities & Exchange Commission.

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.