STERIS plc (Ireland) (STE) Stock Analysis
Recovery setup
Healthcare · Medical Devices
Hold if already holding. Not a fresh buy at $214.42, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: ethylene oxide and cobalt-60 (single-source AST materials); Thin upside margin: 4.2%.
STERIS (Ireland) is a global provider of infection prevention and sterilization products/services for healthcare, contract sterilization (AST), and life sciences customers. Three segments earn revenue from consumables, equipment maintenance, and outsourced reprocessing services... Read more
Hold if already holding. Not a fresh buy at $214.42, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: ethylene oxide and cobalt-60 (single-source AST materials); Thin upside margin: 4.2%. Chart setup: Death cross but MACD improving, RSI 52. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent Developments — STERIS plc (Ireland)
Latest news
- STERIS Keeps Quarterly Dividend at $0.63 a Share, Payable June 26 to Shareholders of Record on June 8 - marketscreener.c — marketscreener.com neutral
- STERIS appoints Pierre Boulud to board of directors By Investing.com - Investing.com Canada — Investing.com Canada positive
- STERIS appoints Pierre Boulud to board of directors By Investing.com - Investing.com Australia — Investing.com Australia neutral
- STERIS Appoints Pierre Boulud to Board of Directors - The Globe and Mail — The Globe and Mail positive
- Steris plc stock (IE00BFY8C754): Medical sterilization leader in focus for US investors - AD HOC NEWS — AD HOC NEWS positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHSupplierethylene oxide and cobalt-60 (single-source AST materials)10-K Item 1: 'We have long-term supply contracts for certain materials...such as ethylene oxide ("EO") and radioisotope cobalt-60 ("cobalt-60"), which are necessary to our AST operations.'
Material Events(8-K, last 90d)
- 2026-05-07Item 5.02LOWRichard C. Breeden not standing for re-election at 2026 AGM (no disagreement cited). Pierre Boulud (CEO of bioMérieux) appointed as new director effective May 5, 2026, joining Audit Committee and R&D Committee.SEC filing →
- 2026-04-06Item 5.02LOWAmendment to Transition Agreement with former CFO Michael J. Tokich extends part-time senior financial advisor role through March 31, 2027 at reduced $60,000 annual salary. Routine transition arrangement.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $214.42, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: ethylene oxide and cobalt-60 (single-source AST materials); Thin upside margin: 4.2%. Chart setup: Death cross but MACD improving, RSI 52. Maintain position. Not compelling to add more. Target $223.47 (+4.2%), stop $200.32 (−7.0%), A.R:R 0.5:1. Score 5.8/10, moderate confidence.
Take-profit target: $223.47 (+4.2% upside). Target $223.47 (+4.2%), stop $200.32 (−7.0%), A.R:R 0.5:1. Stop-loss: $200.32.
Concentration risk — Supplier: ethylene oxide and cobalt-60 (single-source AST materials); Thin upside margin: 4.2%; Below 200-day MA.
STERIS plc (Ireland) trades at a P/E of 26.8 (forward 17.6). TrendMatrix value score: 5.4/10. Verdict: Hold.
15 analysts cover STE with a consensus score of 3.9/5. Average price target: $257.
What does STERIS plc (Ireland) do?STERIS (Ireland) is a global provider of infection prevention and sterilization products/services for healthcare,...
STERIS (Ireland) is a global provider of infection prevention and sterilization products/services for healthcare, contract sterilization (AST), and life sciences customers. Three segments earn revenue from consumables, equipment maintenance, and outsourced reprocessing services with no single customer exceeding 10% of any segment's revenues.