Throughout the last three months, 10 analysts have evaluated StepStone Group STEP, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 7 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 2 | 3 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $60.4, a high estimate of $73.00, and a low estimate of $52.00. Witnessing a positive shift, the current average has risen by 16.04% from the previous average price target of $52.05.
Exploring Analyst Ratings: An In-Depth Overview
The analysis of recent analyst actions sheds light on the perception of StepStone Group by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| Adam Beatty | UBS | Raises | Neutral | $55.00 | $44.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $52.00 | $43.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to StepStone Group. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of StepStone Group compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for StepStone Group's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into StepStone Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on StepStone Group analyst ratings.
Unveiling the Story Behind 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.
Understanding the Numbers: StepStone Group's Finances
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: StepStone Group's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 41.93%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: StepStone Group's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 6.49%, the company may face hurdles in effective cost management.
Return on Equity (ROE): StepStone Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.61%, the company showcases efficient use of equity capital and strong financial health.
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: With a below-average debt-to-equity ratio of 0.73, StepStone Group adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
