Sotera Health Co Receives Strong Buy Rating as Analyst Sees Positive Tailwinds

WallStreetZen03-26

Jefferies's David Windley upgraded their rating on Sotera Health Co (NASDAQ: SHC) from Hold to Strong Buy on 2024/03/25. The analyst also raised their price target by 3.3% from $15 to $15.5.According ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2422632420?lang=en_US&edition=fundamental","thumbnail":"https://images.unsplash.com/photo-1581594693702-fbdc51b2763b?crop=entropy&cs=tinysrgb&fit=crop&fm=jpg&ixid=M3w0NDY2OTN8MHwxfGFsbHx8fHx8fHx8fDE3MTE0MzA5NTR8&ixlib=rb-4.0.3&q=80&w=260&utm_source=wallstreetzen&utm_medium=referral&utm_campaign=api-credit&h=180","is_english":true,"pubTime":"2024-03-26 13:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2422632420","market":"us","top_or_hot":-1,"title":"Sotera Health Co Receives Strong Buy Rating as Analyst Sees Positive Tailwinds","media":"WallStreetZen","content":"<div>\n<p>Jefferies's David Windley upgraded their rating on Sotera Health Co (NASDAQ: SHC) from Hold to Strong Buy on 2024/03/25. The analyst also raised their price target by 3.3% from $15 to $15.5.According ...</p>\n\n<a href=\"https://www.wallstreetzen.com/news/sotera-health-co-receives-strong-buy-rating-as-analyst-sees-positive-tailwinds\">Source Link</a>\n\n</div>\n","source":"wallstreetzen_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sotera Health Co Receives Strong Buy Rating as Analyst Sees Positive Tailwinds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSotera Health Co Receives Strong Buy Rating as Analyst Sees Positive Tailwinds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-26 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wallstreetzen.com/news/sotera-health-co-receives-strong-buy-rating-as-analyst-sees-positive-tailwinds><strong>WallStreetZen</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jefferies's David Windley upgraded their rating on Sotera Health Co (NASDAQ: SHC) from Hold to Strong Buy on 2024/03/25. The analyst also raised their price target by 3.3% from $15 to $15.5.According ...</p>\n\n<a href=\"https://www.wallstreetzen.com/news/sotera-health-co-receives-strong-buy-rating-as-analyst-sees-positive-tailwinds\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHC","symbol_name":"Sotera Health Company","start_time":0,"source_url":"https://www.wallstreetzen.com/news/sotera-health-co-receives-strong-buy-rating-as-analyst-sees-positive-tailwinds","article_id":"2422632420","we_media_id":null,"thumbnails":["https://images.unsplash.com/photo-1581594693702-fbdc51b2763b?crop=entropy&cs=tinysrgb&fit=crop&fm=jpg&ixid=M3w0NDY2OTN8MHwxfGFsbHx8fHx8fHx8fDE3MTE0MzA5NTR8&ixlib=rb-4.0.3&q=80&w=260&utm_source=wallstreetzen&utm_medium=referral&utm_campaign=api-credit&h=180"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422632420","pubTimestamp":1711430880,"sourceInfo":{"source_id":"wallstreetzen_highlight","name":"WallStreetZen"},"weMediaInfo":null,"summary":"Jefferies's David Windley upgraded their rating on Sotera Health Co (NASDAQ: SHC) from Hold to Strong Buy on 2024/03/25. The analyst also raised their price target by 3.3% from $15 to $15.5.According ","collect":0,"end_time":0,"defaultTopTitle":"wallstreetzen.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHC":"Sotera Health Company","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4121":"生命科学工具和服务"},"translate_title":"Sotera Health Co获得强烈买入评级，分析师认为顺风顺水","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHC":1},"content_text":"Jefferies's David Windley upgraded their rating on Sotera Health Co (NASDAQ: SHC) from Hold to Strong Buy on 2024/03/25. The analyst also raised their price target by 3.3% from $15 to $15.5.According to Windley, three factors that have been putting downward pressure on the stock for the past 18 months are now showing signs of improvement. These factors include strong medical technology volumes benefiting Steri and Nelson, a macro recovery in the life science industry, and moderating interest rates. Windley believes that the growth prospects in the life science sector could lead to significant upside for Sotera Health Co in the future.Addressing concerns about litigation, Windley argued that the stock overreacted to the Los Angeles lawsuit, stating that Jefferies' research indicates that the selloff in the stock has been excessive.It's worth noting that all top-rated analysts currently view Sotera Health Co as a Strong Buy or Buy, with none recommending a Hold or Sell rating. This positive sentiment from analysts reflects confidence in the company's prospects.The consensus forecast among analysts is that Sotera Health Co will report earnings per share (EPS) of $1.23 for the upcoming year. If this forecast proves accurate, it would represent a remarkable 583.3% year-over-year increase in EPS.However, it's important to mention that the stock has experienced a decline of 33% over the past year, underperforming the broader market. During the same period, the S&P 500 index has declined by 31.2%.David Windley, the Jefferies analyst who upgraded the rating on Sotera Health Co, is highly regarded in the industry. WallStreetZen ranks Windley in the top 10% out of 4,521 Wall Street analysts, with an average return of 17.6% and a win rate of 61.8%. Windley specializes in the Healthcare sector.Sotera Health Co, formerly known as Sotera Health Topco, Inc., is a company that provides sterilization, lab testing, and advisory services. The company operates in the United States, Canada, Europe, and other international markets. Its sterilization services include gamma and electron beam irradiation, as well as EO processing. Additionally, Sotera Health Co's Nelson Labs division offers microbiological and analytical chemistry testing services. The company serves a wide range of industries, including medical devices, pharmaceuticals, food and agricultural products, and commercial applications. Sotera Health Co was incorporated in 2017 and is headquartered in Broadview Heights, Ohio.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422632420"}