STE
Steris plc Healthcare - Medical Equipment Investor Relations →
Steris plc (STE) closed at $214.40 as of 2026-05-01, trading 1.0% below its 200-week moving average of $216.51. This places STE in the below line zone. The stock is currently moving closer to the line, down from 2.5% last week. With a 14-week RSI of 24, STE is in oversold territory.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.76 ratio) is neutral — neither side is clearly dominating.
Over the past 1721 weeks of data, STE has crossed below its 200-week moving average 24 times. On average, these episodes lasted 9 weeks. Historically, investors who bought STE at the start of these episodes saw an average one-year return of +24.5%.
With a market cap of $21.0 billion, STE is a large-cap stock. The company generates a free cash flow yield of 4.1%. Return on equity stands at 10.5%. The stock trades at 2.9x book value.
Over the past 33 years, a hypothetical investment of $100 in STE would have grown to $7056, compared to $2875 for the S&P 500. That represents an annualized return of 13.8% vs 10.7% for the index — confirming STE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 25.1% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: STE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After STE Crosses Below the Line?
Across 22 historical episodes, buying STE when it crossed below its 200-week moving average produced an average return of +19.8% after 12 months (median +23.0%), compared to +11.5% for the S&P 500 over the same periods. 91% of those episodes were profitable after one year. After 24 months, the average return was +35.6% vs +32.7% for the index.
Each line shows $100 invested at the moment STE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
STE has crossed below its 200-week MA 24 times with an average 1-year return of +24.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1999 | Jun 2001 | 113 | 59.7% | -49.3% | +1564.7% |
| Sep 2001 | Oct 2001 | 4 | 19.8% | +42.3% | +1817.5% |
| Dec 2001 | Jan 2002 | 8 | 12.4% | +37.1% | +1579.8% |
| Feb 2002 | Feb 2002 | 1 | 1.3% | +30.0% | +1515.5% |
| Jul 2002 | Jul 2002 | 1 | 2.1% | +35.6% | +1622.9% |
| Jul 2004 | Aug 2004 | 2 | 4.6% | +32.4% | +1337.2% |
| Oct 2004 | Nov 2004 | 7 | 7.0% | +10.7% | +1287.2% |
| Oct 2005 | Oct 2005 | 3 | 2.9% | +6.2% | +1198.7% |
| Apr 2006 | Sep 2006 | 20 | 8.6% | +15.9% | +1175.5% |
| Feb 2008 | Mar 2008 | 4 | 6.1% | +22.2% | +1148.7% |
| Dec 2008 | Jan 2009 | 6 | 13.6% | +20.8% | +1056.8% |
| Feb 2009 | Jul 2009 | 20 | 21.8% | +47.8% | +1141.6% |
| Aug 2011 | Aug 2011 | 1 | 0.8% | +22.9% | +808.1% |
| Sep 2011 | Oct 2011 | 3 | 1.1% | +29.3% | +806.5% |
| Nov 2011 | Nov 2011 | 2 | 5.2% | +17.6% | +803.6% |
| Dec 2011 | Dec 2011 | 1 | 2.7% | +21.8% | +813.0% |
| Jan 2012 | Jan 2012 | 1 | 3.1% | +29.8% | +811.3% |
| May 2012 | Jun 2012 | 3 | 1.1% | +61.9% | +772.8% |
| Sep 2022 | Nov 2022 | 9 | 7.8% | +35.2% | +32.3% |
| Mar 2023 | Mar 2023 | 2 | 3.3% | +32.9% | +24.1% |
| Apr 2024 | Apr 2024 | 1 | 0.8% | +12.5% | +9.3% |
| Dec 2024 | Jan 2025 | 5 | 2.7% | +23.5% | +4.4% |
| Mar 2026 | Mar 2026 | 1 | 0.7% | N/A | -0.1% |
| Apr 2026 | Ongoing | 1+ | 1.0% | Ongoing | N/A |
| Average | 9 | — | +24.5% | — |
Frequently Asked Questions
Is STE below its 200-week moving average?
Yes. As of 2026-05-01, Steris plc (STE) is trading 1.0% below its 200-week moving average of $216.51. The current price is $214.40.
What is STE's 200-week moving average price?
Steris plc's 200-week moving average is $216.51 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when STE drops below its 200-week moving average?
STE has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +24.5%. These dips have historically been decent entry points. These episodes lasted 9 weeks on average.
Is STE a good value right now?
Here's what our data says about STE as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 24 (oversold). Free cash flow yield is 4.1%. Return on equity is 10.5%. Price-to-book is 2.9x. This is not a buy or sell recommendation — always do your own research.
How does STE compare to the S&P 500?
Over the past 33 years, $100 invested in STE would have grown to $7056, compared to $2875 for the S&P 500. That's 13.8% annualized vs 10.7% for the index. STE has outperformed the broader market over this period.
Does STE pay a dividend?
Yes. Steris plc currently pays a dividend yield of 115.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01