StoneCo Ltd (STNE) concluded trading on Wednesday at a closing price of $16.23, with 4.15 million shares of worth about $67.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.42% during that period and on Wednesday the price saw a loss of about -2.05%. Currently the company’s common shares owned by public are about 293.89M shares, out of which, 248.53M shares are available for trading.
However, the stock later moved at a day high price of 16.39, or with a loss of -2.05%. Stock saw a price change of -4.64% in past 5 days and over the past one month there was a price change of -6.35%. Year-to-date (YTD), STNE shares are showing a performance of -9.98% which increased to 74.70% 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 $19.46 during that period. The average intraday trading volume for StoneCo Ltd shares is 5.17 million. The stock is currently trading -7.78% below its 20-day simple moving average (SMA20), while that difference is down -6.56% for SMA50 and it goes to 19.05% higher than SMA200.
StoneCo Ltd (NASDAQ: STNE) currently have 293.89M outstanding shares and institutions hold larger chunk of about 68.46% of that.
The stock has a current market capitalization of $4.87B and its 3Y-monthly beta is at 2.38. PE ratio of stock for trailing 12 months is 26.20, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 0.34 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 2.72% while standing at 3.72% 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 $1.25 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.24 which is $0.33 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 162.97% while it is estimated to increase by 40.19% in next year. EPS is likely to grow at an annualized rate of 76.60% for next 5-years, compared to annual growth of -21.78% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on February 01, 2024 offering a Neutral rating for the stock and assigned a target price range of between $18 and $21 to it. Coverage by Goldman stated StoneCo Ltd (STNE) stock as a Buy in their note to investors on January 22, 2024, suggesting a price target of $21 for the stock. On November 16, 2023, BofA Securities Upgrade their recommendations, while on August 03, 2023, UBS Upgrade their ratings for the stock with a price target of $18. Stock get a Buy rating from HSBC Securities on June 13, 2023.
