Steris PLC
STE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$183.00 | Kkwwwy | Fwxtlpbx |
Steris Ends Fiscal Year on Solid Footing With Cantel Purchase About to Close; Shares Sensibly Priced
Narrow-moat Steris ended the fiscal year in transition with the Cantel acquisition expected to close on June 2. We are maintaining our fair value estimate at $182, and we view shares as fairly valued following the stock’s recent slide.