STERIS plc (STE) earnings on May 11, 2026
Prior outlook: No statistical edge
The stock price reacted very positively to earnings, reaching a high of +5.74% and closing up +4.71%. This indicates a strong positive reception to the report.
STE price around the earnings
210.85
Change: +4.5%
2026-05-12, 21:45 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Strong growth outlook; oversold conditions suggest a potential bounce.
STE shows strong analyst expectations for high growth and a good history of beating earnings estimates. Despite a recent sharp price drop, the stock may be oversold and a rebound is a potential scenario.
Context analyzed before publication
- Summary
- Strong growth outlook; the scenario is optimistic given oversold conditions.
- Reasoning
- STE shows strong analyst expectations for high growth and a good history of beating earnings estimates. Despite a recent sharp price drop, the scenario is optimistic given oversold conditions.
- Playbook
- A potential reference area for STE is supported by strong analyst backing and historical performance, especially after the recent price dip.
- Trend
- Sharp decline creates oversold conditions; the scenario is optimistic given the beat history.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain an optimistic scenario for STE's stock, with strong earnings per share observed historically.
Evidence
- Analysts covering the stock
- 7
- Average price target
- 279.29
- Lowest price target
- 231
- Highest price target
- 300
- Upside to price target
- 38.3%
- Quarterly earnings growth
- 11.2%
- Revenue growth
- 9.2%
- Forward EPS
- 11.08
- Trailing EPS
- 7.18
- Analyst moves in the last 60 days
- 0
- Strong buy: 2
- Buy: 3
- Hold: 2
- Sell: 0
- Strong sell: 1
- Strong buy
- 2
- Buy
- 3
- Hold
- 2
- Sell
- 0
- Strong sell
- 1
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
There is no news coverage available for this event.
Technicals
Drivers
-
Technical
Negative
STE has experienced a significant price decline recently, showing negative momentum and lagging the market, but is now near a support level.
Evidence
- Average true range (ATR)
- 2.3%
- Distance to 52-week high
- -25.1%
- 14-day change (14d)
- -9.8%
- 30-day change
- -8.0%
- 30-day relative strength
- -24.5%
- Benchmark change
- +16.5%
- Nearest support
- 201.18
- Nearest resistance
- 227.64
- Volume accumulation ratio
- 0.93
Trends
Evidence
- Average earnings surprise
- +3.4%
- February 4, 2026: actual EPS 2.53 vs estimate 2.53 (surprise -0.1%)
- November 5, 2025: actual EPS 2.47 vs estimate 2.35 (surprise +5.0%)
- August 6, 2025: actual EPS 2.34 vs estimate 2.26 (surprise +3.4%)
- May 14, 2025: actual EPS 2.74 vs estimate 2.6 (surprise +5.4%)
Expected move
Drivers
-
Past earnings
Positive
STE has a strong track record of exceeding earnings expectations, demonstrating consistent operational success.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 5.5%
- 75th percentile move
- 7.8%
- 90th percentile move
- 9.8%
- Up / down moves
- 10 / 9
- Average up move
- +5.4%
- Average down move
- -5.7%
Monitoring and close
What STERIS plc reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- +4.5%
- Max move
- +6.8%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.