-6.49% percent quarterly performance for StepStone Group Inc (STEP) is not indicative of the underlying story

On Monday, StepStone Group Inc (NASDAQ: STEP) was -4.14% drop from the session before settling in for the closing price of $64.48. A 52-week range for STEP has been $32.46 – $70.38.

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During the last 5-year period, the sales growth of Financial Sector giant was 318.19%. When this article was written, the company’s average yearly earnings per share was at 51.04%. With a float of $64.50 million, this company’s outstanding shares have now reached $75.84 million.

Let’s determine the extent of company efficiency that accounts for 990 employees. In terms of profitability, gross margin is 83.27%, operating margin of 43.56%, and the pretax margin is -11.89%.

StepStone Group Inc (STEP) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward StepStone Group Inc stocks. The insider ownership of StepStone Group Inc is 14.96%, while institutional ownership is 88.83%. The most recent insider transaction that took place on Dec 03 ’24, was worth 257,000. In this transaction Head of Strategy of this company sold 4,000 shares at a rate of $64.25, taking the stock ownership to the 686,516 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Head of Strategy sold 2,200 for $64.34, making the entire transaction worth $141,548. This insider now owns 247,800 shares in total.

StepStone Group Inc (STEP) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 51.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.07% 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

You can see what StepStone Group Inc (STEP) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.18. Likewise, its price to free cash flow for the trailing twelve months is 20.60.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.67, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 2.09 in one year’s time.

Technical Analysis of StepStone Group Inc (STEP)

Looking closely at StepStone Group Inc (NASDAQ: STEP), its last 5-days average volume was 0.6 million, which is a jump from its year-to-date volume of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 41.20%. Additionally, its Average True Range was 2.23.

During the past 100 days, StepStone Group Inc’s (STEP) raw stochastic average was set at 49.39%, which indicates a significant increase from 11.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.17% in the past 14 days, which was lower than the 36.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $61.73, while its 200-day Moving Average is $53.56. However, in the short run, StepStone Group Inc’s stock first resistance to watch stands at $64.09. Second resistance stands at $66.36. The third major resistance level sits at $67.54. If the price goes on to break the first support level at $60.64, it is likely to go to the next support level at $59.46. Should the price break the second support level, the third support level stands at $57.19.

StepStone Group Inc (NASDAQ: STEP) Key Stats

There are 115,163K outstanding shares of the company, which has a market capitalization of 7.17 billion. As of now, sales total 711,630 K while income totals 58,090 K. Its latest quarter income was 271,680 K while its last quarter net income were 17,630 K.