STERIS(STE)

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Here's Why Steris (STE) is a Strong Momentum Stock
ZACKS· 2025-01-24 15:55
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Strategic Acquisitions to Support STERIS Stock Amid Macro Issues
ZACKS· 2025-01-23 16:21
STERIS’ (STE) new acquisitions and partnerships strengthen its product offerings. Yet macroeconomic challenges continue to dampen growth. The stock carries a Zacks Rank #3 (Hold) currently.Factors Driving STERIS' GrowthSTERIS’ Healthcare segment is gaining from the successful market adoption of its comprehensive offerings, including infection prevention consumables and capital equipment. Further, its services to maintain that equipment, repair reusable procedural instruments and outsource instrument reproce ...
STERIS to Host a Conference Call for Fiscal 2025 Third Quarter Financial Results on February 6, 2025
GlobeNewswire News Room· 2025-01-22 21:30
DUBLIN, IRELAND , Jan. 22, 2025 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that it will host a conference call to discuss its fiscal 2025 third quarter financial results at 9:00 a.m. ET on February 6, 2025. The conference call can be heard live at www.steris-ir.com or via phone by dialing 1-833-535-2199 in the United States or 1-412-902-6776 internationally, then asking to join the conference call for STERIS plc. A press release detailing financial results will be ...
STERIS Announces Outcome of Ethylene Oxide Trial
Newsfilter· 2025-01-21 11:30
DUBLIN, IRELAND, Jan. 21, 2025 (GLOBE NEWSWIRE) -- STERIS plc (NYSE:STE) ("STERIS" or the "Company") today announced that a jury trial that had been ongoing since December 4, 2024, against Isomedix Operations, Inc. ("Isomedix"), a subsidiary of the Company, ended in a mistrial on January 17, 2025. The case is pending in the Circuit Court of Cook County, Illinois, and involves claims by an individual plaintiff that ethylene oxide emissions from a sterilization facility in Waukegan, Illinois, caused personal ...
STERIS Gains From Expanded Product Offerings Amid Macro Issues
ZACKS· 2024-12-30 16:30
STERIS (STE) new acquisitions and partnerships have been strengthening its product offerings. However, macroeconomic challenges continue to dampen growth. The stock carries a Zacks Rank #3 (Hold).Factors Driving STERIS' GrowthSTERIS frequently engages in strategic acquisitions and joint ventures to optimize its portfolio of businesses. In recent years, the company has made several large acquisitions. It purchased the surgical instrumentation, laparoscopic instrumentation and sterilization container assets f ...
Reasons to Retain STE Stock in Your Portfolio Now
ZACKS· 2024-12-17 17:51
STERIS plc’s (STE) growth in the fiscal second quarter of 2025 can be attributed to the robust performance of its Healthcare business. The company also benefits from the strong rebound prospects for its Applied Sterilization Technologies (“AST”) segment.Meanwhile, headwinds such as foreign currency risks and fierce competitive pressure are concerning.Year to date, shares of this Zacks Rank #3 (Hold) company have lost 2.1% against the industry’s 7.6% growth and the S&P 500’s 18.4% increase.The renowned provi ...
New Alliances to Support STERIS Stock Despite Macro Issues
ZACKS· 2024-11-27 15:40
STERIS (STE) continues to gain from a strong rebound in procedure volumes in the United States within the Healthcare business. New acquisitions and partnerships should strengthen its product offerings. Yet macroeconomic challenges continue to dampen growth. The stock carries a Zacks Rank #3 (Hold) currently.Factors Driving STERIS' GrowthSTERIS’ Healthcare segment is gaining from the successful market adoption of its comprehensive offerings, including infection prevention consumables and capital equipment. F ...
Steris Q2: Anticipating HSD Growth In AST, Upgrade To 'Buy'
Seeking Alpha· 2024-11-18 01:58
In my previous ‘Hold’ rating on STERIS (NYSE: STE ) in September 2024, I expressed my concern about their overvalued stock price. Since then, the stock price has dropped by more than 10%, significantly underperforming the index (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...
Why Steris (STE) International Revenue Trends Deserve Your Attention
ZACKS· 2024-11-11 15:20
Have you evaluated the performance of Steris' (STE) international operations for the quarter ending September 2024? Given the extensive global presence of this medical products maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For ...
Compared to Estimates, Steris (STE) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-11-07 01:01
For the quarter ended September 2024, Steris (STE) reported revenue of $1.33 billion, down 1% over the same period last year. EPS came in at $2.14, compared to $2.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.34 billion, representing a surprise of -0.58%. The company delivered an EPS surprise of +1.42%, with the consensus EPS estimate being $2.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...