StepStone Group Inc (NASDAQ:STEP) price on Friday, May 02, rose 5.94% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $54.60.
A look at the stock’s price movement, the close in the last trading session was $51.54, moving within a range at $52.0 and $55.015. The beta value (5-Year monthly) was 1.36. Turning to its 52-week performance, $70.38 and $35.13 were the 52-week high and 52-week low respectively. Overall, STEP moved -1.82% over the past month.
StepStone Group Inc’s market cap currently stands at around $6.33 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05. The company has a Forward Dividend ratio of 0.93, with its dividend yield at 1.70%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 229.37M for the company’s revenue for the quarter, with a low and high estimate of 223.73M and 235M respectively. The average forecast suggests up to a 29.32% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 901.03M, representing a 35.48% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that STEP is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 4 recommend STEP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
STEP’s current price about 14.16% and 4.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.06, while 7-day volatility ratio is 4.57% and 6.44% in the 30-day chart. Further, StepStone Group Inc (STEP) has a beta value of 1.37, and an average true range (ATR) of 2.83. Analysts have given the company’s stock an average 52-week price target of $67, forecast between a low of $67 and high of $67. Looking at the price targets, the low is -22.71% off current price level while to achieve the yearly target high, price needs to move -22.71%. Nonetheless, investors will most likely welcome a -22.71% jump to $67 which is the analysts’ median price.
If we refocus on StepStone Group Inc (NASDAQ:STEP), historical trading data shows that trading volumes averaged 0.58 over the past 10 days and 663.13K over the past 3 months. The company’s latest data on shares outstanding shows there are 75.84 million shares.
The 13.41% of StepStone Group Inc’s shares are in the hands of company insiders while institutional holders own 89.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.4 million on 2025-04-15, giving us a short ratio of 3.0. The data shows that as of 2025-04-15 short interest in StepStone Group Inc (STEP) stood at 396.00000000000006 of shares outstanding, with shares short rising to 2.34 million registered in 2025-03-14. Current price change has pushed the stock -5.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the STEP stock continues to rise going into the next quarter.
