STERIS (STE) offers a robust business model with a premium valuation due to its indispensable sterilization networks and consistent healthcare procedure volumes. Despite recent margin pressure from tariffs, resulting in an increased tariff impact guidance, the company achieved its target 8% organic revenue growth. STERIS is poised to benefit from stricter ethylene oxide (EtO) regulations, which will likely lead to outsourcing to larger, established players like itself.
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STERIS: A Bump In The Road For A Reliable Name (NYSE:STE)
STERIS (STE) offers a robust business model with a premium valuation due to its indispensable sterilization networks and consistent healthcare procedure volumes. Despite recent margin pressure from tariffs, resulting in an increased tariff impact guidance, the company achieved its target 8% organic revenue growth. STERIS is poised to benefit from stricter ethylene oxide (EtO) regulations, which will likely lead to outsourcing to larger, established players like itself.