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STE

Steris PLC

OPPORTUNISTIC BUY 2026-08-08 Data 35 days old USD 237.47 Healthcare - Medical - DevicesAWAIT ENTRY
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
USD 237.47
Buy <=wait / entry
USD 207.33
Trim >=take some off
USD 252.00
Thesis breakThe thesis would be invalidated by a sterilisation-network disruption causing me...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case26%100 / 10026.0
Base case49%62 / 10030.4
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Full year fiscal 2026 revenue from continuing operations increased 9% with constant currency organic growth of 7%
  • Full year adjusted EPS per diluted share increased to $10.17
  • Board approves new $1 billion share repurchase program
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