Positive context积极背景
Stocks股票 / Financials / STEP
StepStone Group · Financials
STEP US listed · USD美股 · 美元
StepStone Group LP is a global private markets firm providing customized investment, portfolio monitoring and advice to investors. StepStone covers primary fund investments, secondary fund investments and co-investments across private equity, real estate, infrastructure and real assets, and private debt.StepStone Group LP 是一家全球私募市场公司，为投资者提供定制化投资、投资组合监控及咨询服务，业务涵盖私募股权、房地产、基础设施和实物资产以及私募债的母基金投资、二级市场投资和共同投资。
Financials
S&P 600标普600小盘Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$44.36
+$0.81 · +1.86%
52w low52周低 $38.18high高 $76.98
Neutral — no clear edge中性 — 无明显优势
The bottoming setup is not yet confirmed (price still below the 10-day average) and the 3-day/weekly momentum has crossed down — momentum is fading before the…筑底形态尚未确认（价格仍位于 10 日均线下方），且3 日/周线动量已向下交叉——动量在形态完成前已开始衰竭。等待价格收复 10 日均线且动量趋于稳定后再考虑建仓。
As of 2026-09-28截至 2026-09-28
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-28
Momentum (RSI 14)动量（RSI 14）
39
Depressed偏低
vs 50-day average相对50日均线
-6.5% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-15.0% below下方
Long trend down长期向下
Volatility波动率
41th percentile第41百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-11-0538
Estimates being raised — 7 analysts预期上调 — 7 位分析师
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 6.1%
Financials财务数据
fiscal years财年Revenue营业收入
$2.0B2026
20212026
5-yr growth5年复合增速 20.4%
Earnings per share每股收益
$-6.782026
20212026
Free cash flow自由现金流
$63.9M2026
20212026
Net margin净利率
-37.3%
FCF margin自由现金流利润率
3.3%
Balance-sheet quality财务体质 3/5
Return on equity股本回报率 196%
Watch关注
Debt coming due到期债务
SEC filingsSEC 文件Debt schedule not loaded yet.到期债务尚未加载。
This panel is still catching up to the SEC filings for this listing. Check back soon — nothing is being estimated in its place.本面板仍在同步该证券的 SEC 文件，请稍后再查看；此处不作任何估算替代。
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is not available for this issuer yet.该发行人的资本需求覆盖信息暂不可用。
Reported facts remain separate from the cash-flow scenario until identity and filing provenance are confirmed.在确认身份与报告来源之前，已披露事实与现金流情景保持分离。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Short-duration name into a restrictive, rising-real-rate regime → rate tailwind.短久期标的进入偏紧、实际利率上行的环境→利率顺风。
Positioning持仓
Short interest changed -13.9%空头仓位变动 -13.9%
Technical技术面
BOTTOMING → NEARING A LOW筑底中 → 接近低点
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$4.8M net (2 buyers, 2 sellers)-$4.8M 净值（2 买家，2 卖家）
Signal history信号历史
engine events引擎事件
NEARING A LOW → BOTTOMING接近低点 → 筑底中
BUY SETUP. Buyers rejected the 2026-09-24 low (swing low printed) but price hasn't reclaimed its 10-day average — first box ticked, not all买入预备。买方拒绝了 2026-09-24 的低点（摆动低点已现），但价格尚未收复 10 日均线——第一项条件达成，并非全部
Sep 23, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Sep 21, 2026
NEARING A LOW → BOTTOMING接近低点 → 筑底中
BUY SETUP买入预备
Sep 17, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Sep 15, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Sep 14, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Sep 14, 2026
STEP StochRSI turned up from oversoldSTEP StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $51.41.StochRSI重回20上方 — 下行动量趋缓的最早预警。$51.41。
Sep 9, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Sep 2, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Sep 2, 2026
STEP daily MACD crossed downSTEP 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $50.50.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$50.50。
Showing the last 15 of显示最近15条，共 273 signals条信号
Company profile公司档案
StepStone Group LP is a global private markets firm providing customized investment, portfolio monitoring and advice to investors. StepStone covers primary fund investments, secondary fund investments and co-investments across private equity, real estate, infrastructure and real assets, and private debt.StepStone Group LP 是一家全球私募市场公司，为投资者提供定制化投资、投资组合监控及咨询服务，业务涵盖私募股权、房地产、基础设施和实物资产以及私募债的母基金投资、二级市场投资和共同投资。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Quality质量
Above market高于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
19/100 — weaker than most弱于多数
vs market, 3 months相对大盘（3个月）
82/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
33/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
13/100 — weaker than most弱于多数
Rank in sector行业内排名
#223 / 261
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -4.2% | +1.3% |
| 1 Month近1月 | -10.3% | +0.9% |
| 3 Months近3月 | +12.2% | +6.1% |
| 6 Months近6月 | -2.5% | +22.3% |
| Year to date年初至今 | -33.0% | +13.8% |
| 1 Year近1年 | -30.6% | +18.5% |
| 3 Years近3年 | +52.7% | +87.8% |
Trading information交易信息
Beta vs market贝塔
1.62
Volatility rank波动率分位
41th pctile
Off 52-week high距52周高点
-41.5%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | 20262026 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $788M | $1.4B | $-68M | $712M | $1.2B | $2.0B |
| EPS每股收益 | $2.06 | $3.84 | $-0.30 | $0.91 | $-2.52 | $-6.78 |
| Free cash flow自由现金流 | $148M | $212M | $146M | $142M | $60M | $64M |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | 8.0% | 14.2% | 27.2% | 8.2% | -15.3% | -26.9% |
| FCF margin自由现金流利润率 | 18.8% | 15.5% | -215.4% | 19.9% | 5.1% | 3.2% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$2.0B
Net income净利润
$-743M
Operating cash flow经营现金流
$66M
Total assets总资产
$5.2B
Shareholder equity股东权益
$-379M
Dividends paid股息支出
$118M
Buybacks股票回购
$9M
Returns & growth回报与增长
Return on equity股本回报率
196.2%
Return on assets资产回报率
-14.2%
Asset growth资产增速
+20.5%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Capital discipline: assets +20.5% (aggressive expansion)资本纪律：资产 +20.5%（扩张激进）
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
39
RSI (2-day)RSI（2日）
41
vs 20-day average相对20日均线
-8.8%
vs 50-day average相对50日均线
-6.5%
vs 200-day average相对200日均线
-15.0%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
62/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $0.48 | $0.51 | -5.9% |
| Mar 2026 | $0.57 | $0.51 | +11.8% |
| Dec 2025 | $0.65 | $0.60 | +8.3% |
| Sep 2025 | $0.54 | $0.49 | +10.2% |
Estimate revisions预期修正
Analysts covering覆盖分析师
7
Estimate direction预期调整方向
mostly raising多数上调
Estimate change, 90 days预期变化（90天）
+2.8%
Net upgrades, 30 days净上调（30天）
+5
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$4.8M
Insider buyers vs sellers内部人买家vs卖家
2 : 2
Days to cover回补天数
4.9
Short interest change空头变化
-13.9%
Recent fund flows近期基金流向
SPDR S&P Capital MarketsSPDR S&P Capital Markets
trimming减持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jan · 100%
Weakest month最弱月份
Feb · 33%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 100% | +10.1% | 3 |
| Feb2月 | 33% | -5.4% | 3 |
| Mar3月 | 67% | +3.3% | 3 |
| Apr4月 | 67% | +1.4% | 3 |
| May5月 | 67% | +15.3% | 3 |
| Jun6月 | 33% | -2.7% | 3 |
| Jul7月 | 100% | +7.1% | 3 |
| Aug8月 | 100% | +9.7% | 4 |
| Sep9月 | 75% | +4.1% | 4 |
| Oct10月 | 33% | -6.3% | 3 |
| Nov11月 | 67% | +4.4% | 3 |
| Dec12月 | 67% | +1.9% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。