Steris PLC

STE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$977.00	Tvvkcmy	Qjtvyzg

Steris Starts Fiscal Year on the Right Track With Strong Sales Growth and Record (Adjusted) EPS

Aaron Degagne

Aug 10, 2021

Narrow-moat Steris had a good start to its 2022 fiscal year, its first as a combined company with Cantel. We are maintaining our $189 fair value estimate, and we see shares as moderately overvalued after the stock’s 12% run since May.

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