Stevanato Group S.p.A. (NYSE:STVN) Given Consensus Rating of "Moderate Buy" by 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.

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

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

Institutional Trading of Stevanato Group

Several institutional investors have recently bought and sold shares of STVN. Invesco Ltd. acquired a new stake in Stevanato Group in the first quarter valued at approximately $19,072,000. Champlain Investment Partners LLC acquired a new stake in Stevanato Group in the first quarter valued at approximately $15,741,000. Ranger Investment Management L.P. grew its holdings in Stevanato Group by 125.6% in the second quarter. Ranger Investment Management L.P. now owns 1,321,030 shares of the company's stock valued at $32,273,000 after purchasing an additional 735,417 shares during the period. MetLife Investment Management LLC acquired a new stake in Stevanato Group in the first quarter valued at approximately $12,944,000. Finally, Loomis Sayles & Co. L P acquired a new stake in Stevanato Group in the second quarter valued at approximately $13,729,000.

Stevanato Group Stock Performance

STVN stock traded up €0.35 during trading on Friday, hitting €27.28. 246,400 shares of the company traded hands, compared to its average volume of 349,682. The stock's 50-day simple moving average is €24.39 and its 200 day simple moving average is €23.03. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.79 and a quick ratio of 1.22. The company has a market cap of $8.26 billion, a PE ratio of 50.52, a P/E/G ratio of 2.54 and a beta of 0.55. Stevanato Group has a 1 year low of €17.12 and a 1 year high of €28.00.

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.