Steris PLC
STE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|hN | LOCK|#G>b$ | LOCK|ZS&ys% |
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.
