On Tuesday, StepStone Group Inc (NASDAQ: STEP) opened lower -3.01% from the last session, before settling in for the closing price of $64.80. Price fluctuations for STEP have ranged from $24.97 to $70.38 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 318.19% annually for the last half of the decade. Company’s average yearly earnings per share was noted 53.73% at the time writing. With a float of $63.93 million, this company’s outstanding shares have now reached $72.68 million.
In an organization with 990 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.24%, operating margin of 14.48%, and the pretax margin is 22.82%.
StepStone Group Inc (STEP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of StepStone Group Inc is 12.05%, while institutional ownership is 91.84%. The most recent insider transaction that took place on Dec 03 ’24, was worth 2,514,000. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 20,000 for $62.85, making the entire transaction worth $1,257,000.
StepStone Group Inc (STEP) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.37 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.26) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 53.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.30% during the next five years compared to -13.21% drop over the previous five years of trading.
StepStone Group Inc (NASDAQ: STEP) Trading Performance Indicators
Check out the current performance indicators for StepStone Group Inc (STEP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.03. Likewise, its price to free cash flow for the trailing twelve months is 25.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.16 in one year’s time.
Technical Analysis of StepStone Group Inc (STEP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.5 million. That was inferior than the volume of 0.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.91%. Additionally, its Average True Range was 2.06.
During the past 100 days, StepStone Group Inc’s (STEP) raw stochastic average was set at 71.60%, which indicates a significant increase from 2.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.59% in the past 14 days, which was lower than the 34.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.07, while its 200-day Moving Average is $47.60. However, in the short run, StepStone Group Inc’s stock first resistance to watch stands at $64.23. Second resistance stands at $65.61. The third major resistance level sits at $66.37. If the price goes on to break the first support level at $62.09, it is likely to go to the next support level at $61.33. The third support level lies at $59.95 if the price breaches the second support level.
StepStone Group Inc (NASDAQ: STEP) Key Stats
There are currently 115,163K shares outstanding in the company with a market cap of 7.24 billion. Presently, the company’s annual sales total 711,630 K according to its annual income of 58,090 K. Last quarter, the company’s sales amounted to 271,680 K and its income totaled 17,630 K.
