Step Energy Services Stock Buy Hold or Sell Recommendation
| STEP Stock | CAD 5.25 0.09 1.74% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding STEP Energy Services is 'Strong Buy'. The recommendation algorithm takes into account all of STEP Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out STEP Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as STEP and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards STEP Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
STEP |
Execute STEP Energy Buy or Sell Advice
The STEP recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on STEP Energy Services. Macroaxis does not own or have any residual interests in STEP Energy Services or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute STEP Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
STEP Energy Trading Alerts and Improvement Suggestions
| STEP Energy Services is way too risky over 90 days horizon | |
| STEP Energy Services appears to be risky and price may revert if volatility continues | |
| STEP Energy Services is unlikely to experience financial distress in the next 2 years | |
| The company has C$113.63 Million in debt which may indicate that it relies heavily on debt financing | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: This Energy Powerhouse is Going Private. But What Does It Mean for the Future - Jomfruland.net |
STEP Energy Returns Distribution Density
The distribution of STEP Energy's historical returns is an attempt to chart the uncertainty of STEP Energy's future price movements. The chart of the probability distribution of STEP Energy daily returns describes the distribution of returns around its average expected value. We use STEP Energy Services price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of STEP Energy returns is essential to provide solid investment advice for STEP Energy.
| Mean Return | 0.68 | Value At Risk | -3.58 | Potential Upside | 3.79 | Standard Deviation | 5.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of STEP Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
STEP Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 6.9M | (6.0M) | 2.4M | (913K) | (1M) | (950K) | |
| Net Borrowings | (18.9M) | (36.5M) | (25.7M) | (57.8M) | (52.0M) | (49.4M) | |
| Free Cash Flow | 20.9M | 29.0M | 21.6M | 39.6M | 66.4M | 69.8M | |
| Depreciation | 106.5M | 88.9M | 73.4M | 88.0M | 84.7M | 62.4M | |
| Other Non Cash Items | 121.2M | 77.2M | 2.4M | (41.3M) | (127K) | (120.7K) | |
| Capital Expenditures | 49.1M | 17.8M | 37.2M | 83.0M | 105.2M | 76.8M | |
| Net Income | (143.9M) | (119.4M) | (28.1M) | 94.8M | 50.4M | 52.9M | |
| End Period Cash Flow | 7.3M | 1.3M | 3.7M | 2.8M | 1.8M | 1.7M | |
| Change To Netincome | 95.7M | 53.3M | 3.7M | 4.4M | 5.0M | 4.8M | |
| Investments | (44.2M) | (16.6M) | (30.7M) | (66.4M) | (109.0M) | (114.4M) |
STEP Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to STEP Energy or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that STEP Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a STEP stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 5.39 | |
Ir | Information ratio | 0.10 |
STEP Energy Volatility Alert
STEP Energy Services has relatively low volatility with skewness of 6.73 and kurtosis of 51.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure STEP Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact STEP Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.STEP Energy Fundamentals Vs Peers
Comparing STEP Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze STEP Energy's direct or indirect competition across all of the common fundamentals between STEP Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as STEP Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of STEP Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing STEP Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare STEP Energy to competition |
| Fundamentals | STEP Energy | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0915 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 464.37 M | 16.62 B |
| Shares Outstanding | 71.84 M | 571.82 M |
| Shares Owned By Insiders | 0.50 % | 10.09 % |
| Shares Owned By Institutions | 58.25 % | 39.21 % |
| Number Of Shares Shorted | 1.74 M | 4.71 M |
| Price To Earning | 3.51 X | 28.72 X |
| Price To Book | 0.94 X | 9.51 X |
| Price To Sales | 0.38 X | 11.42 X |
| Revenue | 945.72 M | 9.43 B |
| Gross Profit | 147.59 M | 27.38 B |
| EBITDA | 163.31 M | 3.9 B |
| Net Income | 50.42 M | 570.98 M |
| Cash And Equivalents | 2.79 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 113.63 M | 5.32 B |
| Debt To Equity | 60.20 % | 48.70 % |
| Current Ratio | 1.77 X | 2.16 X |
| Book Value Per Share | 4.92 X | 1.93 K |
| Cash Flow From Operations | 171.61 M | 971.22 M |
| Short Ratio | 27.10 X | 4.00 X |
| Earnings Per Share | 0.55 X | 3.12 X |
| Target Price | 5.25 | |
| Number Of Employees | 1.43 K | 18.84 K |
| Beta | 2.04 | -0.15 |
| Market Capitalization | 377.16 M | 19.03 B |
| Total Asset | 606.52 M | 29.47 B |
| Retained Earnings | (146.33 M) | 9.33 B |
| Working Capital | 42.1 M | 1.48 B |
| Net Asset | 606.52 M |
STEP Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as STEP . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About STEP Energy Buy or Sell Advice
When is the right time to buy or sell STEP Energy Services? Buying financial instruments such as STEP Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having STEP Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Petroleum and Natural Gas Theme or any other thematic opportunities.
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Other Information on Investing in STEP Stock
STEP Energy financial ratios help investors to determine whether STEP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STEP with respect to the benefits of owning STEP Energy security.