StepStone Group Inc. (NASDAQ:STEP) traded at $25.42 at last check on Friday, Nov 20, making a downturn move of -2.46% on its previous day’s price.
Looking at the stock we see that its previous close was $26.06 and the beta (5Y monthly) reads 0 with the day’s price range being $25.35 – 26.92. The company has a 12-month trailing PE ratio of 51.35. In terms of its 52-week price range, STEP has a high of $30.99 and a low of $22.72. The company’s stock has gained about -5.85% over that past 30 days.
Based on estimates by 5 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the StepStone Group Inc. (STEP) stock as a Hold, while 2 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the STEP stock currently stands at 0, and the current price level is -6.79% off its SMA20 and -3.92% from its 50-day simple moving average. The RSI (14) is pointing at 39.06 while the volatility over the past week is 7.02% and drops to 6.11% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 1.59. The average price target for the stock over the next 12 months is $30.2, with the estimates having a low of $27 and a high of $34. These price ends are 6.22% and +33.75% off the current price level respectively, although investors could be excited at the prospect of a +14.08% if the STEP share price touches on the median price of $29.
Let’s briefly compare StepStone (STEP) stock to its peers. We find that today’s price change of -2.46% and 0% over the past 12 months for STEP competes that of American Express Company (AXP), which has seen its stock price fall -1.37% in the latest trading session and is -5.24% over the last one year. Another of its peers Moody’s Corp (MCO) has dropped -0.43% today, and is +21.77% up over the past year, while XP Inc Cl A (XP) is also down -2.46% yet its price remains in the red at 0% over the same period. American has a P/E ratio of 27.8 compared to StepStone’s 51.35 and Moody’s 28.38. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to StepStone Group Inc. (NASDAQ:STEP), we note that the average 3-month trading volume was 511.93 Million, while that of the preceding 10-day period stands at 230.93 Million. Current shares outstanding are 29.24 Million.
According to data from Thomson Reuters, insiders hold 2.07% of the company’s shares while institutions hold 99.39%. The data shows that short shares as of October 29, 2020, stood at 453.98 Million at a short ratio of 2.07. This represents a 0.48% Short interest in Shares outstanding on October 29, 2020. Shares short dropped in October from the previous month at 858.17 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +1.68% up in year-to-date price movement.