Stevanato Group - STVN Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stevanato Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STVN shares.
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4 brokerages have issued 1-year price targets for Stevanato Group's stock. Their STVN share price forecasts range from €27.00 to €32.00. On average, they anticipate the company's share price to reach €29.00 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
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Stevanato Group's stock was trading at €17.97 at the beginning of the year. Since then, STVN stock has increased by 44.1% and is now trading at €25.90.
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Stevanato Group saw a decrease in short interest in March. As of March 15th, there was short interest totaling 659,600 shares, a decrease of 16.6% from the February 28th total of 790,500 shares. Based on an average daily volume of 281,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.2% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
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Stevanato Group S.p.A. (NYSE:STVN) released its earnings results on Thursday, March, 2nd. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The company earned $292.10 million during the quarter, compared to analyst estimates of $271.89 million. Stevanato Group had a net margin of 14.49% and a trailing twelve-month return on equity of 15.53%. Stevanato Group's revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 EPS.

Stevanato Group declared a -- dividend on Wednesday, June 8th. Shareholders of record on Tuesday, June 14th will be given a dividend of 0.051 per share on Wednesday, July 13th. This represents a dividend yield of 0.4%. The ex-dividend date is Monday, June 13th.
Read our dividend analysis for STVN.

ETFs with the largest weight of Stevanato Group (NYSE:STVN) stock in their portfolio include Goldman Sachs Future Health Care Equity ETF (GDOC), First Trust International IPO ETF (FPXI), First Trust IPOX Europe Equity Opportunities ETF (FPXE), SPDR S&P Kensho New Economies Composite ETF (KOMP) and iShares Biotechnology ETF (IBB).

Stevanato Group updated its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share guidance of $0.59-$0.63 for the period, compared to the consensus estimate of $0.58. The company issued revenue guidance of $1.11 billion-$1.14 billion, compared to the consensus revenue estimate of $1.10 billion.

(STVN) raised $720 million in an initial public offering on Friday, July 16th 2021. The company issued 32,000,000 shares at a price of $21.00-$24.00 per share.

Stevanato Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "STVN."

Shares of STVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STVN stock can currently be purchased for approximately €25.90.

Stevanato Group (NYSE:STVN) has a market capitalization of $7.65 billion and generates $1.04 billion in revenue each year. The company earns $150.51 million in net income (profit) each year or €0.56 on an earnings per share basis.

The company employs 5,260 workers across the globe.

Stevanato Group's mailing address is PIOMBINO DESE (PD) VIA MOLINELLA 17, PADUA L6, 35017. The official website for the company is www.stevanatogroup.com. The company can be reached via phone at 39049931811 or via email at ir@stevanatogroup.com.