Evaluating StepStone Group: Insights From 12 Financial Analysts
Portfolio Pulse from Benzinga Insights
StepStone Group (NASDAQ:STEP) has received varied analyst ratings, with a recent trend towards more positive outlooks. Analysts have raised price targets, reflecting an average target of $58.12, a 15.57% increase from the previous average. Despite positive revenue growth, the company faces challenges with net margin and ROA, though it has a strong ROE and conservative debt management.
October 22, 2024 | 5:00 pm
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StepStone Group has seen a shift in analyst sentiment with several analysts raising their price targets, indicating a more positive outlook. The average price target has increased by 15.57% to $58.12. Despite this, the company faces challenges with a net margin below industry standards and a low ROA, though it benefits from a strong ROE and conservative debt management.
The increase in analyst price targets and the shift towards more positive ratings suggest a likely short-term positive impact on STEP's stock price. The company's revenue growth and strong ROE are positive indicators, although challenges with net margin and ROA may temper expectations. The conservative debt management is a positive factor, contributing to the overall positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100