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New Big Money Means Sotera Health Co (SHC) Investors Could Reap Benefit

Sotera Health Co (NASDAQ: SHC) is -1.78% lower on its value in year-to-date trading and has touched a low of $10.71 and a high of $17.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHC stock was last observed hovering at around $16.74 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $16.55, the stock is 3.77% and 13.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -1.14% at the moment leaves the stock 20.84% off its SMA200. SHC registered 8.17% gain for a year compared to 6-month gain of 40.49%.

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The stock witnessed a 11.07% loss in the last 1 month and extending the period to 3 months gives it a 42.92%, and is 0.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.43% over the week and 3.53% over the month.

Sotera Health Co (SHC) has around 3000 employees, a market worth around $4.69B and $1.10B in sales. Current P/E ratio is 118.13 and Fwd P/E is 19.85. Profit margin for the company is 3.63%. Distance from 52-week low is 54.53% and -5.10% from its 52-week high. The company has generated returns on investments over the last 12 months (1.45%).

The EPS is expected to shrink by -10.65% this year

281.0 institutions hold shares in Sotera Health Co (SHC), with institutional investors hold 98.61% of the company’s shares. The shares outstanding are 282.83M, and float is at 151.87M with Short Float at 7.01%. Institutions hold 96.17% of the Float.

The top institutional shareholder in the company is WARBURG PINCUS LLC with over 88.82 million shares valued at $1.05 billion. The investor’s holdings represent 31.5072 of the SHC Shares outstanding. As of 2024-06-30, the second largest holder is GTCR LLC with 59.22 million shares valued at $702.89 million to account for 21.0048 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 14.49 million shares representing 5.1409 and valued at over $172.03 million, while VANGUARD GROUP INC holds 4.3677 of the shares totaling 12.31 million with a market value of $146.16 million.

Sotera Health Co (SHC) Insider Activity

The most recent transaction is an insider sale by WARBURG PINCUS & CO., the company’s Director. SEC filings show that WARBURG PINCUS & CO. sold 15,000,000 shares of the company’s common stock on Sep 06 ’24 at a price of $15.03 per share for a total of $225.45 million. Following the sale, the insider now owns 73.82 million shares.

Sotera Health Co disclosed in a document filed with the SEC on Sep 06 ’24 that WARBURG PINCUS & CO. (Director) sold a total of 15,000,000 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $15.03 per share for $225.45 million. Following the transaction, the insider now directly holds 73.82 million shares of the SHC stock.

Still, SEC filings show that on Sep 06 ’24, GTCR INVESTMENT XI LLC (Director) disposed off 10,000,000 shares at an average price of $15.03 for $150.3 million. The insider now directly holds 49,215,301 shares of Sotera Health Co (SHC).

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