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Steris Plc STE - News Analyzed: 4,197 - Last Week: 61 - Last Month: 247

β‡— Steris Plc STE: A Strong Momentum Stock with Strategic Acquisitions Amidst Challenges

Steris Plc STE: A Strong Momentum Stock with Strategic Acquisitions Amidst Challenges
Fenimore Asset Management Inc and Perpetual Ltd have increased their stock holdings in STERIS plc. However, Crossmark Global Holdings Inc, LaFleur & Godfrey LLC, Oak Ridge Investments LLC, and Carderock Capital Management Inc have reduced their holdings. Whalen Wealth Management Inc and the Czech National Bank have acquired shares in STERIS. A strategic SWOT insight into STERIS has been undertaken, interpreting them as a strong momentum stock. STERIS' Q3 FY2025 financial results are due for announcement on February 5. An ethylene oxide trial by a STERIS subsidiary ended in mistrial. The company has reported strong revenue growth with margin pressures and an increase in Q2 earnings. Its healthcare segment leading a 9% growth. Forecasts suggest strong earnings for STERIS' Q3. Pension and retirement benefits for the company amounts to $10 Million as of September 2024. The company's stock has been underperforming the Nasdaq though it announced as strategic acquisitions to bolster the stock amid macro issues. From an internal standpoint, the CEO might be due for a pay rise approved by shareholders, while the board chairman is set to retire in July.

Steris Plc STE News Analytics from Wed, 24 Jun 2015 07:00:00 GMT to Sat, 25 Jan 2025 13:28:21 GMT - Rating 5 - Innovation 6 - Information 5 - Rumor -3

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