The key reasons why StepStone Group Inc (STEP) is -8.89% away from 52-week high?

Witnessing the stock’s movement on the chart, on Wednesday, StepStone Group Inc (NASDAQ: STEP) had a quiet start as it plunged -5.75% to $64.12, before settling in for the price of $68.03 at the close. Taking a more long-term approach, STEP posted a 52-week range of $24.97-$70.38.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 318.19%. Meanwhile, its Annual Earning per share during the time was -13.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 54.45%. This publicly-traded company’s shares outstanding now amounts to $65.61 million, simultaneously with a float of $62.42 million. The organization now has a market capitalization sitting at $7.38 billion. At the time of writing, stock’s 50-day Moving Average stood at $58.98, while the 200-day Moving Average is $45.58.

StepStone Group Inc (STEP) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Asset Management industry. StepStone Group Inc’s current insider ownership accounts for 13.34%, in contrast to 87.77% institutional ownership. According to the most recent insider trade that took place on Nov 12 ’24, this organization’s Chief Accounting Officer sold 729 shares at the rate of 68.85, making the entire transaction reach 50,192 in total value, affecting insider ownership by 2,158. Preceding that transaction, on Nov 12 ’24, Company’s Chief Financial Officer sold 3,000 for 68.21, making the whole transaction’s value amount to 204,630. This particular insider is now the holder of 20,251 in total.

StepStone Group Inc (STEP) Earnings and Revenue Records

StepStone Group Inc’s EPS increase for this current 12-month fiscal period is 54.45% and is forecasted to reach 2.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 16.30% through the next 5 years, which can be compared against the -13.21% growth it accomplished over the previous five years trading on the market.

StepStone Group Inc (NASDAQ: STEP) Trading Performance Indicators

Let’s observe the current performance indicators for StepStone Group Inc (STEP). The Stock has managed to achieve an average true range (ATR) of 2.55. Alongside those numbers, its PE Ratio stands at $103.39, and its Beta score is 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.21. Similarly, its price to free cash flow for trailing twelve months is now 26.27.

In the same vein, STEP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.62, a figure that is expected to reach 0.47 in the next quarter, and analysts are predicting that it will be 2.19 at the market close of one year from today.

Technical Analysis of StepStone Group Inc (STEP)

Going through the that latest performance of [StepStone Group Inc, STEP]. Its last 5-days volume of 0.91 million indicated improvement to the volume of 0.58 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 73.38% While, its Average True Range was 2.97.

Raw Stochastic average of StepStone Group Inc (STEP) in the period of the previous 100 days is set at 76.39%, which indicates a major rise in contrast to 48.31% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 57.40% that was higher than 34.71% volatility it exhibited in the past 100-days period.