Piper Sandler Cuts Sotera Health (NASDAQ:SHC) Price Target to $13.00
2025-04-26T07:13:02Z
Sotera Health (NASDAQ:SHC – Free Report) had its price objective cut by Piper Sandler from $15.00 to $13.00 in a report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock. Separately, Barclays cut their price obj…
Sotera Health (NASDAQ:SHC – Free Report) had its price objective cut by Piper Sandler from $15.00 to $13.00 in a report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.
Separately, Barclays cut their price objective on Sotera Health from $16.00 to $12.00 and set an “overweight” rating for the company in a research report on Thursday, April 10th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Sotera Health currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.20.
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Sotera Health Stock Performance
Institutional Investors Weigh In On Sotera Health
NASDAQ:SHC opened at $11.15 on Wednesday. The company has a current ratio of 2.88, a quick ratio of 2.61 and a debt-to-equity ratio of 4.91. The company has a market capitalization of $3.16 billion, a P/E ratio of 44.60 and a beta of 1.88. The firm has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $13.17. Sotera Health has a twelve month low of $9.53 and a twelve month high of $17.08.
A number of hedge funds and other institutional investors have recently modified their holdings of SHC. New York State Teachers Retirement System lifted its stake in shares of Sotera Health by 1.9% during the first quarter. New York State Teachers Retirement System now owns 59,273 shares of the company’s stock valued at $691,000 after buying an additional 1,100 shares during the period. Farther Finance Advisors LLC raised its holdings in Sotera Health by 4,881.9% in the 1st quarter. Farther Finance Advisors LLC now owns 6,327 shares of the company’s stock valued at $70,000 after acquiring an additional 6,200 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Sotera Health by 816.3% during the 1st quarter. GAMMA Investing LLC now owns 37,650 shares of the company’s stock worth $439,000 after purchasing an additional 33,541 shares during the period. California State Teachers Retirement System boosted its holdings in shares of Sotera Health by 8.0% during the fourth quarter. California State Teachers Retirement System now owns 145,411 shares of the company’s stock worth $1,989,000 after purchasing an additional 10,778 shares during the last quarter. Finally, Neo Ivy Capital Management grew its position in shares of Sotera Health by 144.7% in the fourth quarter. Neo Ivy Capital Management now owns 105,546 shares of the company’s stock valued at $1,443,000 after purchasing an additional 62,420 shares during the period. 91.03% of the stock is currently owned by hedge funds and other institutional investors.
About Sotera Health
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Sotera Health Company engages in the provision of sterilization, lab testing, and advisory services in the United States and internationally. The company operates through three segments: Sterigenics, Nordion, and Nelson Labs. It provides mission-critical end-to-end sterilization services, including gamma and electron beam irradiation, and ethylene oxide processing, as well as designs, installs, and maintains gamma irradiation systems.
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