NYSE:STEMedical Equipment
Is STERIS (STE) Fairly Priced After Recent Sector Attention And Premium P/E Ratio
If you are wondering whether STERIS is priced fairly at around US$252 per share, you are not alone; many investors are asking whether the current tag matches the underlying business.
The stock has had a mixed run recently, with a 4% decline over the last week, a 1.8% decline over the last month, but returns of 0.8% year to date, 14.1% over 1 year, 34.6% over 3 years and 44.3% over 5 years.
Recent news coverage has focused on STERIS as a key player in healthcare equipment and services, which...