Stevanato Group S.p.A. (NYSE:STVN) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Stevanato Group S.p.A. (NYSE:STVN) has received an average analyst rating of "Moderate Buy", with two holds, three buys, and one strong buy among ratings from six firms.
• The company's stock is currently trading at €26.43, showing a 12-month range between €17.12 and €28.00, and has a market capitalization of $8.00 billion.
• Recent institutional investments saw increases from several firms, including T. Rowe Price, which boosted its stake by 13.3% during the first quarter.

Stevanato Group S.p.A. (NYSE:STVN - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Separately, William Blair restated an "outperform" rating on shares of Stevanato Group in a research report on Monday, June 30th.

Stevanato Group Stock Performance

Shares of NYSE STVN opened at €26.43 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.22 and a debt-to-equity ratio of 0.25. The stock has a 50 day simple moving average of €24.24 and a 200-day simple moving average of €22.83. The company has a market cap of $8.00 billion, a PE ratio of 48.95, a P/E/G ratio of 2.53 and a beta of 0.55. Stevanato Group has a 12-month low of €17.12 and a 12-month high of €28.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Conestoga Capital Advisors LLC increased its holdings in shares of Stevanato Group by 1.3% in the first quarter. Conestoga Capital Advisors LLC now owns 8,189,926 shares of the company's stock valued at $167,238,000 after buying an additional 106,930 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Stevanato Group by 13.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,744,714 shares of the company's stock valued at $76,468,000 after acquiring an additional 439,722 shares in the last quarter. TimesSquare Capital Management LLC grew its holdings in shares of Stevanato Group by 2.1% during the 1st quarter. TimesSquare Capital Management LLC now owns 3,358,966 shares of the company's stock valued at $68,590,000 after acquiring an additional 70,437 shares in the last quarter. Artisan Partners Limited Partnership boosted its holdings in Stevanato Group by 20.0% in the second quarter. Artisan Partners Limited Partnership now owns 2,733,782 shares of the company's stock worth $66,786,000 after purchasing an additional 455,323 shares in the last quarter. Finally, Bamco Inc. NY boosted its holdings in 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.

About Stevanato Group

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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