Throughout the last three months, 11 analysts have evaluated StepStone Group STEP, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 7 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 0 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 3 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $65.23, a high estimate of $84.00, and a low estimate of $55.00. This current average has increased by 11.68% from the previous average price target of $58.41.
Exploring Analyst Ratings: An In-Depth Overview
The standing of StepStone Group among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Chris Kotowski | Oppenheimer | Raises | Outperform | $84.00 | $73.00 |
| Benjamin Budish | Barclays | Lowers | Equal-Weight | $66.00 | $72.00 |
| Alexander Blostein | Goldman Sachs | Raises | Neutral | $70.50 | $64.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $65.00 | $60.00 |
| Adam Beatty | UBS | Raises | Neutral | $65.00 | $55.00 |
| Chris Kotowski | Oppenheimer | Raises | Outperform | $73.00 | $56.00 |
| John Dunn | Evercore ISI Group | Raises | Outperform | $55.00 | $52.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $60.00 | $52.00 |
| Benjamin Budish | Barclays | Raises | Equal-Weight | $61.00 | $51.00 |
| Kenneth Worthington | JP Morgan | Raises | Overweight | $61.00 | $56.00 |
| Alexander Blostein | Goldman Sachs | Raises | Neutral | $57.00 | $51.50 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to StepStone Group. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of StepStone Group compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of StepStone Group's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of StepStone Group's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on StepStone Group analyst ratings.
About StepStone Group
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
Key Indicators: StepStone Group's Financial Health
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, StepStone Group showcased positive performance, achieving a revenue growth rate of 41.93% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: StepStone Group's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.49%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): StepStone Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.61% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.45%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: StepStone Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.73.
How Are Analyst Ratings Determined?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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