StoneCo Ltd (STNE) concluded trading on 01/03/24 at a closing price of $17.07, with 4.09 million shares of worth about $69.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 42.49% during that period and on Wednesday the price saw a loss of about -3.40%. Currently the company’s common shares owned by public are about 293.89M shares, out of which, 248.34M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 17 analysts are covering the STNE stock and their offered price forecasts bring an average price target of $79.75. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $111.90 and could fall to a lowest price of $43.80. The stock’s current price level is -4.09% below of average price target set by the analysts, while a dip to estimated low would result in gain of 61.03% for the stock. However, touching the estimated high of $111.90 would mean a gain of 84.75% for the stock.
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StoneCo Ltd (NASDAQ: STNE) started trading at $17.35, below -$0.32 from concluding price of the previous day. However, the stock later moved at a day high price of 17.38, or with a loss of -3.40%. Stock saw a price change of -6.00% in past 5 days and over the past one month there was a price change of 4.09%. Year-to-date (YTD), STNE shares are showing a performance of -5.32% which increased to 80.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.09 but also hit the highest price of $18.60 during that period. The average intraday trading volume for StoneCo Ltd shares is 5.63 million. The stock is currently trading -0.28% below its 20-day simple moving average (SMA20), while that difference is up 21.12% for SMA50 and it goes to 36.80% higher than SMA200.
StoneCo Ltd (NASDAQ: STNE) currently have 293.89M outstanding shares and institutions hold larger chunk of about 68.54% of that.
The stock has a current market capitalization of $5.12B and its 3Y-monthly beta is at 2.43. PE ratio of stock for trailing 12 months is 27.56, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 0.43 and has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STNE, volatility over the week remained 2.54% while standing at 3.37% over the month.
Analysts are in expectations that StoneCo Ltd (STNE) stock would likely to be making an EPS of $0.3 in the current quarter, while forecast for next quarter EPS is $0.27 and it is $1.2 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.24 which is $0.37 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.15 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 169.80% while it is estimated to increase by 31.74% in next year. EPS is likely to grow at an annualized rate of 63.80% for next 5-years, compared to annual growth of -21.78% made by the stock over the past 5-years.
Analysts at 17 brokerage firms have issued recommendations for the StoneCo Ltd (STNE)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.29. Out of those 17 Wall Street analysts, 8 recommended a “Buy” rating, while 7 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.
