Added to YB: 2025-05-07
Pitch date: 2025-03-17
STE [bullish]
STERIS plc
+13.3%
current return
Author Info
No bio for this author
Company Info
STERIS plc provides infection prevention products and services worldwide. It operates in three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences.
Market Cap
$25.4B
Pitch Price
$226.29
Price Target
N/A
Dividend
0.98%
EV/EBITDA
16.72
P/E
37.02
EV/Sales
4.76
Sector
Health Care Equipment and Supplies
Category
growth
STERIS plc - $STE
STE: Medical sterilization leader poised for growth after FY25 headwinds: 1) Dental divestiture (6% sales, 5% profit hit) now complete 2) $5M AST contract loss & $20M EtO legal costs won't recur 3) $25M healthcare restructuring savings coming 4) AST margins improving as bioprocessing rebounds 5) Corporate costs being trimmed 6) EtO litigation risk reduced after $48.2M settlement. 21.5x FY26E PE for low-teens compounder.
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