Financial Services - Asset Management - NASDAQ - US
$ 65.0
-0.551 %
$ 7.49 B
Market Cap
106.56
P/E
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region.[ Read More ]
The intrinsic value of one STEP stock under the base case scenario is HIDDEN Compared to the current market price of 65 USD, StepStone Group Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart STEP
FINANCIALS
712 M
REVENUE
172 M
OPERATING INCOME
58.1 M
NET INCOME
162 M
OPERATING CASH FLOW
-47.3 M
INVESTING CASH FLOW
-58 M
FINANCING CASH FLOW
272 M
REVENUE
51 M
OPERATING INCOME
87.9 M
NET INCOME
28.4 M
OPERATING CASH FLOW
-11.5 M
INVESTING CASH FLOW
38.8 M
FINANCING CASH FLOW
Balance Sheet Decomposition
StepStone Group Inc.
| Current Assets | 1.66 B |
| Cash & Short-Term Investments | 182 M |
| Receivables | 1.45 B |
| Other Current Assets | 26.9 M |
| Non-Current Assets | 2.13 B |
| Long-Term Investments | 2.25 B |
| PP&E | 127 M |
| Other Non-Current Assets | -251 M |
| Current Liabilities | 1.4 B |
| Accounts Payable | 22.3 M |
| Short-Term Debt | 15.4 M |
| Other Current Liabilities | 1.36 B |
| Non-Current Liabilities | 519 M |
| Long-Term Debt | 253 M |
| Other Non-Current Liabilities | 266 M |
EFFICIENCY
Earnings Waterfall
StepStone Group Inc.
| Revenue | 712 M |
| Cost Of Revenue | 373 M |
| Gross Profit | 339 M |
| Operating Expenses | 167 M |
| Operating Income | 172 M |
| Other Expenses | 114 M |
| Net Income | 58.1 M |
RATIOS
47.65%
GROSS MARGIN
24.14%
OPERATING MARGIN
8.16%
NET MARGIN
17.90%
ROE
1.53%
ROA
31.17%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
StepStone Group Inc.
| Net Income | 58.1 M |
| Depreciation & Amortization | 47.6 M |
| Capital Expenditures | -19.6 M |
| Stock-Based Compensation | 74.7 M |
| Change in Working Capital | 18.9 M |
| Others | -16.9 M |
| Free Cash Flow | 142 M |
Wall Street Analysts Price Targets
StepStone Group Inc.
Wall Street analysts predict an average 1-year price target for STEP of $51.5 , with forecasts ranging from a low of $41 to a high of $58 .
STEP Lowest Price Target
Wall Street Target
41 USD
-36.92%
STEP Average Price Target
Wall Street Target
51.5 USD
-20.77%
STEP Highest Price Target
Wall Street Target
58 USD
-10.77%
4. DIVIDEND ANALYSIS
0.61%
DIVIDEND YIELD
0.24 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
StepStone Group Inc.
Sold
0-3 MONTHS
255 K USD 2
3-6 MONTHS
5.84 M USD 3
6-9 MONTHS
11.3 M USD 3
9-12 MONTHS
7.15 M USD 1
Bought
0 USD 0
0-3 MONTHS
997 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 days ago
Nov 12, 2024
|
Sell 50.2 K USD
|
Keathley Anthony
Chief Accounting Officer |
- 729
|
68.85 USD |
|
5 days ago
Nov 12, 2024
|
Sell 205 K USD
|
Park David Y
Chief Financial Officer |
- 3000
|
68.21 USD |
|
5 months ago
Jun 11, 2024
|
Sell 1.22 M USD
|
Mitchell Steven R
director, 10 percent owner: |
- 27500
|
44.34 USD |
|
5 months ago
Jun 10, 2024
|
Sell 3.38 M USD
|
Keck Thomas
director, other: See Remarks |
- 74976
|
45.06 USD |
|
5 months ago
Jun 11, 2024
|
Sell 222 K USD
|
Keck Thomas
director, other: See Remarks |
- 4939
|
45.04 USD |
|
5 months ago
Jun 12, 2024
|
Sell 591 K USD
|
Keck Thomas
director, other: See Remarks |
- 13050
|
45.32 USD |
|
5 months ago
Jun 03, 2024
|
Sell 119 K USD
|
Keck Thomas
director, other: See Remarks |
- 2653
|
45.04 USD |
|
5 months ago
Jun 04, 2024
|
Sell 197 K USD
|
Keck Thomas
director, other: See Remarks |
- 4382
|
45.01 USD |
|
5 months ago
Jun 03, 2024
|
Sell 110 K USD
|
Park David Y
Chief Financial Officer |
- 2500
|
44.13 USD |
|
5 months ago
May 30, 2024
|
Bought 997 K USD
|
Hoffmeister David F
Director |
+ 22500
|
44.29 USD |
|
8 months ago
Feb 23, 2024
|
Sell 1.89 M USD
|
Keck Thomas
director, other: See Remarks |
- 53403
|
35.47 USD |
|
8 months ago
Feb 26, 2024
|
Sell 131 K USD
|
Keck Thomas
director, other: See Remarks |
- 3694
|
35.47 USD |
|
8 months ago
Feb 22, 2024
|
Sell 16.7 K USD
|
Keathley Anthony
Chief Accounting Officer |
- 469
|
35.7 USD |
|
8 months ago
Feb 21, 2024
|
Sell 851 K USD
|
Keck Thomas
director, other: See Remarks |
- 24241
|
35.1 USD |
|
8 months ago
Feb 22, 2024
|
Sell 1.74 M USD
|
Keck Thomas
director, other: See Remarks |
- 48662
|
35.68 USD |
|
9 months ago
Feb 15, 2024
|
Sell 2.01 M USD
|
Lim James
10 percent owner |
- 56937
|
35.22 USD |
|
9 months ago
Feb 16, 2024
|
Sell 2.18 M USD
|
Lim James
10 percent owner |
- 62164
|
35.11 USD |
|
9 months ago
Feb 13, 2024
|
Sell 316 K USD
|
Lim James
10 percent owner |
- 9008
|
35.06 USD |
|
9 months ago
Feb 14, 2024
|
Sell 2.16 M USD
|
Lim James
10 percent owner |
- 61294
|
35.16 USD |
|
9 months ago
Feb 13, 2024
|
Sell 24.4 K USD
|
Keathley Anthony
Chief Accounting Officer |
- 699
|
34.95 USD |
|
11 months ago
Dec 14, 2023
|
Sell 5.15 M USD
|
Lim James
10 percent owner |
- 177283
|
29.03 USD |
|
11 months ago
Dec 15, 2023
|
Sell 2.01 M USD
|
Lim James
10 percent owner |
- 69649
|
28.8 USD |
|
1 year ago
Sep 15, 2023
|
Sell 81.4 K USD
|
Park David Y
Chief Accounting Officer |
- 2541
|
32.02 USD |
|
1 year ago
Sep 14, 2023
|
Sell 559 K USD
|
Lim James
10 percent owner |
- 17946
|
31.15 USD |
|
1 year ago
Sep 15, 2023
|
Sell 693 K USD
|
Lim James
10 percent owner |
- 21862
|
31.72 USD |
|
1 year ago
Sep 13, 2023
|
Sell 46.7 K USD
|
Park David Y
Chief Accounting Officer |
- 1459
|
32.02 USD |
|
1 year ago
Sep 11, 2023
|
Sell 994 K USD
|
Lim James
10 percent owner |
- 31648
|
31.42 USD |
|
1 year ago
Sep 12, 2023
|
Sell 1.38 M USD
|
Lim James
10 percent owner |
- 43515
|
31.64 USD |
|
1 year ago
Sep 13, 2023
|
Sell 1.71 M USD
|
Lim James
10 percent owner |
- 53925
|
31.76 USD |
|
1 year ago
Sep 06, 2023
|
Sell 15.5 K USD
|
Lim James
10 percent owner |
- 500
|
31.01 USD |
|
1 year ago
Sep 07, 2023
|
Sell 575 K USD
|
Lim James
10 percent owner |
- 18466
|
31.15 USD |
|
1 year ago
Sep 08, 2023
|
Sell 639 K USD
|
Lim James
10 percent owner |
- 20473
|
31.21 USD |
|
1 year ago
Aug 31, 2023
|
Sell 19.7 K USD
|
Lim James
10 percent owner |
- 634
|
31.01 USD |
|
1 year ago
Sep 01, 2023
|
Sell 498 K USD
|
Lim James
10 percent owner |
- 16056
|
31.04 USD |
|
1 year ago
Sep 05, 2023
|
Sell 22 K USD
|
Lim James
10 percent owner |
- 710
|
31.03 USD |
|
1 year ago
Aug 31, 2023
|
Sell 17.9 K USD
|
Ment Jason P
See remarks |
- 576
|
31.01 USD |
|
1 year ago
Sep 01, 2023
|
Sell 491 K USD
|
Ment Jason P
See remarks |
- 15826
|
31.04 USD |
|
1 year ago
Sep 05, 2023
|
Sell 112 K USD
|
Ment Jason P
See remarks |
- 3598
|
31.03 USD |
|
1 year ago
Jun 05, 2023
|
Bought 589 K USD
|
McCabe Michael I
Head of Strategy |
+ 25000
|
23.56 USD |
|
1 year ago
Jun 02, 2023
|
Bought 872 K USD
|
McCabe Michael I
Head of Strategy |
+ 37000
|
23.57 USD |
|
1 year ago
Jun 01, 2023
|
Bought 753 K USD
|
McCabe Michael I
Head of Strategy |
+ 33000
|
22.83 USD |
|
1 year ago
May 31, 2023
|
Bought 644 K USD
|
McCabe Michael I
Head of Strategy |
+ 30000
|
21.46 USD |
|
1 year ago
May 30, 2023
|
Bought 1.07 M USD
|
McCabe Michael I
Head of Strategy |
+ 50000
|
21.48 USD |
|
1 year ago
Mar 01, 2023
|
Sell 68.4 K USD
|
Park David Y
Chief Accounting Officer |
- 2400
|
28.52 USD |
|
1 year ago
Feb 07, 2023
|
Sell 54 K USD
|
Lim James
10 percent owner |
- 1740
|
31.02 USD |
|
1 year ago
Feb 08, 2023
|
Sell 164 K USD
|
Lim James
10 percent owner |
- 5272
|
31.05 USD |
|
1 year ago
Feb 09, 2023
|
Sell 13.9 K USD
|
Lim James
10 percent owner |
- 446
|
31.06 USD |
|
1 year ago
Feb 07, 2023
|
Sell 549 K USD
|
Keck Thomas
Director |
- 18222
|
30.11 USD |
|
1 year ago
Feb 02, 2023
|
Sell 2.35 M USD
|
Keck Thomas
Director |
- 76335
|
30.74 USD |
|
1 year ago
Feb 03, 2023
|
Sell 1.52 M USD
|
Keck Thomas
Director |
- 47781
|
31.81 USD |
|
1 year ago
Feb 06, 2023
|
Sell 965 K USD
|
Keck Thomas
Director |
- 32050
|
30.1 USD |
|
1 year ago
Feb 02, 2023
|
Sell 139 K USD
|
Lim James
10 percent owner |
- 4492
|
31.02 USD |
|
1 year ago
Feb 03, 2023
|
Sell 383 K USD
|
Lim James
10 percent owner |
- 12315
|
31.09 USD |
|
1 year ago
Dec 15, 2022
|
Sell 82.2 K USD
|
Park David Y
Chief Accounting Officer |
- 3000
|
27.4 USD |
|
1 year ago
Dec 13, 2022
|
Sell 18.4 K USD
|
Keck Thomas
Director |
- 612
|
30.06 USD |
|
2 years ago
Nov 08, 2022
|
Sell 890 K USD
|
Lim James
Director |
- 30000
|
29.65 USD |
|
2 years ago
Nov 09, 2022
|
Sell 997 K USD
|
Lim James
Director |
- 34000
|
29.31 USD |
|
2 years ago
Nov 10, 2022
|
Sell 13.2 M USD
|
Lim James
Director |
- 436000
|
30.18 USD |
|
3 years ago
Nov 18, 2021
|
Sell 20.7 M USD
|
Lim James
10 percent owner |
- 399101
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 17.2 M USD
|
McCabe Michael I
Head of Strategy |
- 332584
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 6.9 M USD
|
Randel Johnny D
Chief Financial Officer |
- 133033
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 3.45 M USD
|
Hart Scott W
Co-Chief Executive Officer |
- 66517
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 44.8 M USD
|
Brem Monte M
See remarks |
- 863616
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 69 M USD
|
ARG Private Equity, LLC
10 percent owner |
- 1330336
|
51.83 USD |
|
3 years ago
Nov 03, 2021
|
Sell 2.07 M USD
|
Keck Thomas
Director |
- 44082
|
46.94 USD |
|
3 years ago
Oct 29, 2021
|
Sell 2.84 M USD
|
Keck Thomas
Director |
- 60337
|
47.04 USD |
|
3 years ago
Nov 01, 2021
|
Sell 2.95 M USD
|
Keck Thomas
Director |
- 62551
|
47.21 USD |
|
3 years ago
Nov 02, 2021
|
Sell 2.08 M USD
|
Keck Thomas
Director |
- 43597
|
47.62 USD |
|
3 years ago
Oct 27, 2021
|
Sell 1.36 M USD
|
Keck Thomas
Director |
- 29765
|
45.66 USD |
|
3 years ago
Oct 28, 2021
|
Sell 2.25 M USD
|
Keck Thomas
Director |
- 48000
|
46.85 USD |
|
3 years ago
Oct 27, 2021
|
Sell 57.3 K USD
|
Waldo Robert
10 percent owner |
- 1262
|
45.3838 USD |
|
3 years ago
Oct 22, 2021
|
Sell 793 K USD
|
Keck Thomas
Director |
- 18052
|
43.94 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M USD
|
Keck Thomas
Director |
- 24780
|
44.74 USD |
|
3 years ago
Oct 26, 2021
|
Sell 976 K USD
|
Keck Thomas
Director |
- 21447
|
45.51 USD |
|
3 years ago
Oct 22, 2021
|
Sell 792 K USD
|
McCabe Michael I
Head of Strategy |
- 18032
|
43.93 USD |
|
3 years ago
Oct 22, 2021
|
Sell 795 K USD
|
McCabe Michael I
Head of Strategy |
- 18100
|
43.94 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M USD
|
McCabe Michael I
Head of Strategy |
- 24814
|
44.75 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M USD
|
McCabe Michael I
Head of Strategy |
- 24817
|
44.75 USD |
|
3 years ago
Oct 26, 2021
|
Sell 433 K USD
|
McCabe Michael I
Head of Strategy |
- 9610
|
45.04 USD |
|
3 years ago
Oct 26, 2021
|
Sell 436 K USD
|
McCabe Michael I
Head of Strategy |
- 9686
|
45.03 USD |
|
3 years ago
Oct 25, 2021
|
Sell 135 K USD
|
Park David Y
Chief Accounting Officer |
- 3000
|
45.01 USD |
|
3 years ago
Oct 25, 2021
|
Sell 186 K USD
|
Waldo Robert
10 percent owner |
- 4131
|
45.1329 USD |
|
3 years ago
Oct 26, 2021
|
Sell 1.47 M USD
|
Waldo Robert
10 percent owner |
- 32107
|
45.714 USD |
|
3 years ago
Oct 19, 2021
|
Sell 255 K USD
|
Keck Thomas
Director |
- 5900
|
43.2 USD |
|
3 years ago
Oct 20, 2021
|
Sell 573 K USD
|
Keck Thomas
Director |
- 13212
|
43.35 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K USD
|
Keck Thomas
Director |
- 7500
|
43.21 USD |
|
3 years ago
Oct 19, 2021
|
Sell 257 K USD
|
McCabe Michael I
Head of Strategy |
- 5949
|
43.2 USD |
|
3 years ago
Oct 19, 2021
|
Sell 259 K USD
|
McCabe Michael I
Head of Strategy |
- 6001
|
43.2 USD |
|
3 years ago
Oct 20, 2021
|
Sell 575 K USD
|
McCabe Michael I
Head of Strategy |
- 13255
|
43.35 USD |
|
3 years ago
Oct 20, 2021
|
Sell 571 K USD
|
McCabe Michael I
Head of Strategy |
- 13168
|
43.35 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K USD
|
McCabe Michael I
Head of Strategy |
- 7503
|
43.21 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K USD
|
McCabe Michael I
Head of Strategy |
- 7501
|
43.21 USD |
|
3 years ago
Oct 14, 2021
|
Sell 116 K USD
|
McCabe Michael I
Head of Strategy |
- 2700
|
43.02 USD |
|
3 years ago
Oct 14, 2021
|
Sell 118 K USD
|
McCabe Michael I
Head of Strategy |
- 2737
|
43.02 USD |
|
3 years ago
Oct 15, 2021
|
Sell 602 K USD
|
McCabe Michael I
Head of Strategy |
- 13933
|
43.23 USD |
|
3 years ago
Oct 15, 2021
|
Sell 604 K USD
|
McCabe Michael I
Head of Strategy |
- 13966
|
43.23 USD |
|
3 years ago
Oct 18, 2021
|
Sell 178 K USD
|
McCabe Michael I
Head of Strategy |
- 4128
|
43.04 USD |
|
3 years ago
Oct 18, 2021
|
Sell 177 K USD
|
McCabe Michael I
Head of Strategy |
- 4100
|
43.06 USD |
|
3 years ago
Oct 14, 2021
|
Sell 116 K USD
|
Keck Thomas
Director |
- 2700
|
43.02 USD |
|
3 years ago
Oct 15, 2021
|
Sell 603 K USD
|
Keck Thomas
Director |
- 13942
|
43.24 USD |
|
3 years ago
Oct 18, 2021
|
Sell 178 K USD
|
Keck Thomas
Director |
- 4135
|
43.04 USD |
|
3 years ago
Oct 08, 2021
|
Sell 93.4 K USD
|
Randel Johnny D
Chief Financial Officer |
- 2305
|
40.5 USD |
|
3 years ago
Oct 05, 2021
|
Sell 576 K USD
|
Randel Johnny D
Chief Financial Officer |
- 13903
|
41.41 USD |
|
3 years ago
Oct 06, 2021
|
Sell 655 K USD
|
Randel Johnny D
Chief Financial Officer |
- 16002
|
40.96 USD |
|
3 years ago
Oct 07, 2021
|
Sell 834 K USD
|
Randel Johnny D
Chief Financial Officer |
- 20185
|
41.31 USD |
|
3 years ago
Oct 01, 2021
|
Sell 643 K USD
|
Randel Johnny D
Chief Financial Officer |
- 15412
|
41.75 USD |
|
3 years ago
Oct 04, 2021
|
Sell 301 K USD
|
Randel Johnny D
Chief Financial Officer |
- 7193
|
41.85 USD |
|
3 years ago
Sep 27, 2021
|
Sell 415 K USD
|
Mitchell Steven R
director, 10 percent owner: |
- 9290
|
44.7 USD |
|
3 years ago
Sep 28, 2021
|
Sell 769 K USD
|
Mitchell Steven R
director, 10 percent owner: |
- 17845
|
43.11 USD |
|
3 years ago
Sep 29, 2021
|
Sell 343 K USD
|
Mitchell Steven R
director, 10 percent owner: |
- 7865
|
43.55 USD |
|
3 years ago
Mar 23, 2021
|
Sell 40.8 M USD
|
ARG Private Equity, LLC
10 percent owner |
- 1439814
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M USD
|
FRIEDMAN DARREN M.
|
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 8.49 M USD
|
Maruszewski Mark
Director |
- 299629
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 103 M USD
|
Brem Monte M
See remarks |
- 3644110
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M USD
|
Keck Thomas
director, 10 percent owner: |
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M USD
|
Randel Johnny D
Chief Financial Officer |
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 49.6 M USD
|
Fernandez Jose A
Co-Chief Operating Officer |
- 1750000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 8.5 M USD
|
Bradley Thomas Alcott
|
- 300000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 12 M USD
|
Jeffrey David
|
- 425000
|
28.32 USD |
|
4 years ago
Sep 18, 2020
|
Bought 720 K USD
|
Jeffrey David
|
+ 40000
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 803 K USD
|
FRIEDMAN DARREN M.
|
+ 44600
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 241 K USD
|
Bradley Thomas Alcott
|
+ 13380
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 750 K USD
|
Maruszewski Mark
Director |
+ 41667
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 1 M USD
|
Keck Thomas
Director |
+ 55750
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 161 K USD
|
Fernandez Jose A
Co-Chief Operating Officer |
+ 8920
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 80.3 K USD
|
Ment Jason P
See remarks |
+ 4460
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 241 K USD
|
Hart Scott W
Co-Chief Executive Officer |
+ 13380
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought 1.12 M USD
|
Argonaut Private Equity, L.L.C.
10 percent owner |
+ 62500
|
18 USD |
7. News
STEP Energy Services Ltd. Announces Commencement of Delivery and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. ("STEP" or the "Company") is pleased to announce the commencement of delivery of its management information circular (the "Circular") and related documents for the special meeting of STEP shareholders (the "Meeting") in connection with the previously announced plan of arrangement (the "Arrangement") under section 193 of the Business Corporations Act (Alberta) involving the Company and 2659160 Alberta Ltd. (the "Purchaser"), a newly-fo.
businesswire.com
- 1 day ago
Step Energy Services Ltd. Reports Third Quarter 2024 Results
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. The following press release should be read in conjunction with the management's discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial interim statements and notes thereto as at September 30, 2024 (the “Financial Statements”). Readers should also refer.
businesswire.com
- 3 days ago
StepStone Group Inc. (STEP) Q2 2025 Earnings Call Transcript
StepStone Group Inc. (NASDAQ:STEP ) Q2 2025 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Seth Weiss - Vice President-Investor Relations Scott Hart - Chief Executive Officer Mike McCabe - Head-Strategy David Park - Chief Financial Officer Jason Ment - President & Co-Chief Operating Officer Conference Call Participants Alex Blostein - Goldman Sachs Ben Budish - Barclays Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Operator Good day and thank you for standing by. Welcome to the StepStone Second Quarter of Fiscal Year 2025 Conference Call and Webcast.
seekingalpha.com
- 1 week ago
StepStone Group Inc. (STEP) Surpasses Q2 Earnings Estimates
StepStone Group Inc. (STEP) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.26 per share a year ago.
zacks.com
- 1 week ago
StepStone Group Inc. (STEP) Recently Broke Out Above the 20-Day Moving Average
StepStone Group Inc. (STEP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, STEP crossed above the 20-day moving average, suggesting a short-term bullish trend.
zacks.com
- 1 week ago
STEP Energy Services Ltd. Agrees to $5.00 Per Share Take Private Transaction With Funds Advised by ARC Financial Corp.
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP” or the “Company”) (TSX: STEP) is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) (collectively, “ARC”) to take the Company private in an all-cash transaction. Under the terms of the Arrangement Agreement, ARC will acquire all of.
businesswire.com
- 1 week ago
StepStone Group to Announce Second Quarter Fiscal 2025 Results on November 7, 2024
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended September 30, 2024, after the market closes on Thursday, November 7, 2024. This represents results for the second quarter of the fiscal year ending March 31, 2025.
globenewswire.com
- 3 weeks ago
Will StepStone Group (STEP) Beat Estimates Again in Its Next Earnings Report?
StepStone Group (STEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 3 weeks ago
STEP Energy Services Ltd. to Announce Third Quarter 2024 Results and Host Conference Call
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) (TSX: STEP) intends to release its 2024 third quarter results on Wednesday, November 13, 2024 after markets close. Financial Statements and Management's Discussion and Analysis will be posted to STEP's website and SEDAR after the press release is disseminated. STEP will host a conference call on Thursday, November 14, 2024 at 9:00 a.m. MT. To listen to the webcast of the conference call, please click on the following: https:/.
businesswire.com
- 1 month ago
StepStone Private Wealth Adds Marketing, RIA Relationship Executives
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- StepStone Private Wealth (“SPW”) today announced that it has hired two senior-level executives in marketing and RIA relationship management to support its continued growth. Berta Aldrich has been named Managing Director and Global Head of Private Wealth Marketing and David Robbins has been named Director of Enterprise RIA Relationship Management. Both joined SPW earlier this month.
globenewswire.com
- 1 month ago
What Makes StepStone Group (STEP) a New Strong Buy Stock
StepStone Group (STEP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 1 month ago
New Strong Buy Stocks for October 11th
AGESY, INTA, STEP, CURV and MMS have been added to the Zacks Rank #1 (Strong Buy) List on October 11, 2024.
zacks.com
- 1 month ago
8. Profile Summary
StepStone Group Inc. STEP
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 7.49 B
Dividend Yield
0.61%
Description
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia.
Contact
450 Lexington Avenue, New York, NY, 10017
https://www.stepstonegroup.com/
IPO Date
Sept. 16, 2020
Employees
1050
Officers
Ms. Jennifer Yayoi Ishiguro
Partner, Chief Legal Officer & Secretary
Mr. Monte M. Brem J.D.
Co-Founder & Executive Chairman
Mr. Anthony Keathley
MD & Chief Accounting Officer
Mr. Jason Paul Ment J.D.
Partner, President & Co-Chief Operating Officer
Mr. Scott Hart
Chief Executive Officer, Head of Private Equity, Director & Partner
Mr. Michael I. McCabe
Partner, Head of Strategy & Director
Mr. Seth Weiss
Managing Director of Corporate Investor Relations - New York
Mr. Jose A. Fernandez J.D.
CO-Chief Operating Officer, Director & Partner
Mr. David Y Park
Partner & Chief Financial Officer
Mr. Thomas Keck
Partner, Head of Research and Portfolio Management & Director