Steris PLC
STE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$921.00 | Gxxcpfg | Drdznmmc |
Steris' Sales Fall Short of Expectations in Q1; Maintaining FVE on Unchanged Long-Term Forecasts
While narrow-moat Steris' results did not quite meet our expectations in the fiscal first quarter and also fell short of FactSet-aggregated consensus, this was not enough to move the needle on our $201 fair value estimate. The shares now look fairly valued.