Is it time to Buy before this week’s earning report StepStone Group (NASDAQ:STEP)

Earnings results for StepStone Group (NASDAQ:STEP)

StepStone Group Inc. is estimated to report earnings on 05/25/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.16.

Analyst Opinion on StepStone Group (NASDAQ:STEP)

5 Wall Street analysts have issued ratings and price targets for StepStone Group in the last 12 months. Their average twelve-month price target is $36.00, predicting that the stock has a possible upside of 9.52%. The high price target for STEP is $48.00 and the low price target for STEP is $26.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

StepStone Group has received a consensus rating of Hold. The company’s average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $36.00, StepStone Group has a forecasted upside of 9.5% from its current price of $32.87. StepStone Group has received no research coverage in the past 90 days.

Dividend Strength: StepStone Group (NASDAQ:STEP)

StepStone Group has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends. StepStone Group does not have a long track record of dividend growth. Based on earnings estimates, StepStone Group will have a dividend payout ratio of 8.86% next year. This indicates that StepStone Group will be able to sustain or increase its dividend.

Insiders buying/selling: StepStone Group (NASDAQ:STEP)

In the past three months, StepStone Group insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $104,485,026.00 in company stock. Only 31.25% of the stock of StepStone Group is held by institutions.

Earnings and Valuation of StepStone Group (NASDAQ:STEP

Earnings for StepStone Group are expected to grow by 1.28% in the coming year, from $0.78 to $0.79 per share.

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