An Evaluation Of StepStone Group Inc (NASDAQ: STEP) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

STEP belongs to the Financial sector of the NASDAQ while operating in the Asset Management industry. The current market capitalization of StepStone Group Inc is $7.09B. A total of 0.25 million shares were traded on the day, compared to an average of 581.70K shares.

In the most recent transaction, McCabe Michael I sold 4,000 shares of STEP for 64.25 per share on Dec 03 ’24. After the transaction, the Head of Strategy now owns 686,516 company shares. In a previous transaction on Dec 03 ’24, McCabe Michael I sold 2,200 shares at 64.34 per share. STEP shares that Head of Strategy owns now total 247,800.

Among the insiders who sold shares, Hart Scott W disposed of 37,909 shares on Dec 04 ’24 at a per-share price of $62.81. This resulted in the Chief Executive Officer holding 120,000 shares of STEP after the transaction. In another insider transaction, Hart Scott W sold 22,091 shares at $63.24 per share on Dec 03 ’24. Company shares held by the Chief Executive Officer now total 157,909.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. StepStone Group Inc pays an annual dividend of $0.90, resulting in a dividend yield of 1.46%, and it has a price to earnings (P/E) ratio of 99.27. STEP’s most recent ex-dividend date was 1.41% when it declared a $0.24 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 8/30/2024 with an ex-dividend date of 1.92%. The STEP stock dividend was $0.24 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, STEP has a high of $70.38 and a low of $31.04.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. STEP’s latest balance sheet shows that the firm has $116.39M in Cash & Short Term Investments as of fiscal 2022. There were $133.84M in debt and $2.25B in liabilities at the time. Its Book Value Per Share was $5.47, while its Total Shareholder’s Equity was $1.82B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for STEP is Buy with a score of 3.86.

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