Analyst Expect Big Moves From StoneCo Ltd (NASDAQ: STNE)

Currently, there are 290.19M common shares owned by the public and among those 256.52M shares have been available to trade.

However, the script later moved the day high at 16.96, down -1.75%. The company’s stock has a 5-day price change of 0.12% and -10.77% over the past three months. STNE shares are trading -9.48% year to date (YTD), with the 12-month market performance up to 72.70% higher. It has a 12-month low price of $8.73 and touched a high of $19.46 over the same period. STNE has an average intraday trading volume of 5.23 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.49%, -4.78%, and 15.67% respectively.

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Institutional ownership of StoneCo Ltd (NASDAQ: STNE) shares accounts for 66.44% of the company’s 290.19M shares outstanding.

It has a market capitalization of $5.04B and a beta (3y monthly) value of 2.34. The stock’s trailing 12-month PE ratio is 17.47, while the earnings-per-share (ttm) stands at $0.93. The company has a PEG of 0.23 and a Quick Ratio of 1.27 with the debt-to-equity ratio at 0.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.10% over the week and 3.85% over the month.

Analysts forecast that StoneCo Ltd (STNE) will achieve an EPS of $0.3 for the current quarter, $0.32 for the next quarter and $1.69 for 2025. The lowest estimate earnings-per-share for the quarter is $0.27 while analysts give the company a high EPS estimate of $0.34. Comparatively, EPS for the current quarter was $0.15 a year ago. Earnings per share for the fiscal year are expected to increase by 36.16%, and 22.50% over the next financial year. EPS should grow at an annualized rate of 76.60% over the next five years, compared to 23.53% over the past 5-year period.

Looking at the support for the STNE, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on February 01, 2024, with the firm’s price target at $18-$21. Goldman coverage for the StoneCo Ltd (STNE) stock in a research note released on January 22, 2024 offered a Buy rating with a price target of $21. BofA Securities was of a view on November 16, 2023 that the stock is Buy, while UBS gave the stock Buy rating on August 03, 2023, issuing a price target of $14- $18. HSBC Securities on their part issued Buy rating on June 13, 2023.

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