STERIS Corp. Hits New 1-Year High at $57.24 (STE)
STERIS Corp. (NYSE:STE)’s share price reached a new 52-week high during trading on Tuesday , ARN reports. The stock traded as high as $57.24 and last traded at $56.91, with a volume of 163,348 shares traded. The stock had previously closed at $56.29.
The stock has a 50-day moving average of $53.42 and a 200-day moving average of $51.03. The company has a market cap of $3.391 billion and a P/E ratio of 27.59.
STERIS Corp. (NYSE:STE) last announced its earnings results on Tuesday, August 5th. The company reported $0.54 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.54. The company had revenue of $412.60 million for the quarter, compared to the consensus estimate of $418.26 million. During the same quarter last year, the company posted $0.44 earnings per share. STERIS Corp.’s revenue was up 12.2% compared to the same quarter last year. On average, analysts predict that STERIS Corp. will post $2.87 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 23rd. Shareholders of record on Tuesday, August 26th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Friday, August 22nd. This is a positive change from STERIS Corp.’s previous quarterly dividend of $0.21.
STERIS Corporation (NYSE:STE) is a provider of infection prevention and surgical products and services, focused on healthcare, pharmaceutical and research.
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