Is Wall Street Bullish or Bearish on STERIS Stock?

With a market cap of $24.6 billion, STERIS plc (STE) is a global provider of infection prevention products and services, operating through its Healthcare, Applied Sterilization Technologies (AST), and Life Sciences segments. It serves hospitals, healthcare providers, and pharmaceutical manufacturers with a broad portfolio of equipment, consumables, and technical services designed to ensure safety, sterility, and compliance worldwide.

Shares of the Mentor, Ohio-based company have outpaced the broader market over the past 52 weeks. STE stock has returned 13.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.7%. However, shares of the company have declined marginally on a YTD basis, lagging behind SPX's slight rise.