Analysts forecast that Sotera Health (NYSE:SHC – Get Rating) will report $0.24 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Sotera Health’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.24. Sotera Health reported earnings per share of $0.26 during the same quarter last year, which suggests a negative year-over-year growth rate of 7.7%. The firm is scheduled to report its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Sotera Health will report full year earnings of $0.97 per share for the current financial year, with EPS estimates ranging from $0.96 to $0.97. For the next financial year, analysts forecast that the firm will post earnings of $1.13 per share, with EPS estimates ranging from $1.09 to $1.17. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow Sotera Health.
Sotera Health (NYSE:SHC – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.04. Sotera Health had a net margin of 14.30% and a return on equity of 42.65%. The company had revenue of $237.00 million during the quarter, compared to the consensus estimate of $229.40 million. During the same period in the previous year, the firm earned $0.13 earnings per share. Sotera Health’s revenue for the quarter was up 11.8% on a year-over-year basis.
A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. increased its holdings in Sotera Health by 6.6% in the third quarter. BlackRock Inc. now owns 10,791,483 shares of the company’s stock valued at $282,196,000 after buying an additional 664,248 shares during the last quarter. Stockbridge Partners LLC increased its holdings in Sotera Health by 5.7% in the third quarter. Stockbridge Partners LLC now owns 9,937,488 shares of the company’s stock valued at $259,865,000 after buying an additional 532,903 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its holdings in Sotera Health by 5.3% in the third quarter. ArrowMark Colorado Holdings LLC now owns 2,972,824 shares of the company’s stock valued at $77,739,000 after buying an additional 150,724 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Sotera Health by 5.5% in the first quarter. Victory Capital Management Inc. now owns 2,653,434 shares of the company’s stock valued at $57,454,000 after buying an additional 138,909 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in Sotera Health by 9.1% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 2,380,666 shares of the company’s stock valued at $56,065,000 after acquiring an additional 199,525 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.
SHC traded up $0.53 during trading on Thursday, hitting $19.76. 288,456 shares of the company’s stock were exchanged, compared to its average volume of 560,037. The company has a current ratio of 2.58, a quick ratio of 2.27 and a debt-to-equity ratio of 2.78. Sotera Health has a 1 year low of $18.31 and a 1 year high of $27.38. The stock has a 50 day moving average price of $20.97 and a 200 day moving average price of $21.69. The firm has a market cap of $5.59 billion, a P/E ratio of 40.33 and a beta of 0.37.
Sotera Health Company Profile (Get Rating)
Sotera Health Company provides sterilization, and lab testing and advisory services in the United States, Canada, Europe, and internationally. The company's sterilization services include gamma and electron beam irradiation, and EO processing; Nelson Labs comprise microbiological and analytical chemistry testing; and advisory services for medical device and biopharmaceutical industries.
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