ST
STE
+3.1%🟢 Fundamentally supportedSTERIS plc · Healthcare
$224.02Vol 245.2K · 0.7× normalMkt cap +$0.66Blive · 2026-10-15 ET
What happened
Move
+3.1%
Price
$224.02
Volume
245.2K
0.7× normal
Market cap
$21.84B
+$0.66B today
Why it moved
Acquisition / M&Amedium confidence
- Steris inks $2.1B Xodus buyout to expand consumables portfolio — finnhub-news
- Steris outlays $2.1bn to acquire Xodus Medical — finnhub-news
Possible catalyst: acquisition / m&a.
Verdict — was the move justified?
🟢 Fundamentally supported
Acquisition / M&A — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
3.1σ
vs own 20d volatility
Percentile
96th
of 1277 daily moves
Avg daily move
±1.2%
own 5y average
vs sector
+1.2%
beyond sector median
Today’s move is among the largest 4% of STE’s daily moves over the last 5 years — while the sector moved +1.9% and the market +1.2%.
What happened after similar moves
93 similar up moves in STE’s 5-year history:
After 5 days
+0.2%
52% higher
After 20 days
+0.9%
57% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 69G 87P 64H 73Q 100EW 29/65
Insider activity (90d): net selling $956.8K
Valuation context
P/E (TTM)
26.3
5y median 66.6
P/E percentile
3%
vs own 4y history
FCF yield
0.0%
Trading cheaper than 97% of its own historical valuation range.
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Pillar scores, financial statements, valuation history, news & more for STE