StoneCo Ltd (STNE) concluded trading on Wednesday at a closing price of $11.92, with 4.98 million shares of worth about $59.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.94% during that period and on September 11, 2024 the price saw a gain of about 5.58%. Currently the company’s common shares owned by public are about 290.19M shares, out of which, 256.45M shares are available for trading.
Stock saw a price change of -5.47% in past 5 days and over the past one month there was a price change of -7.31%. Year-to-date (YTD), STNE shares are showing a performance of -33.89% which increased to 2.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.34 but also hit the highest price of $19.46 during that period. The average intraday trading volume for StoneCo Ltd shares is 6.01 million. The stock is currently trading -9.93% below its 20-day simple moving average (SMA20), while that difference is down -8.68% for SMA50 and it goes to -22.04% lower than SMA200.
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StoneCo Ltd (NASDAQ: STNE) currently have 290.19M outstanding shares and institutions hold larger chunk of about 64.78% of that.
The stock has a current market capitalization of $3.65B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 10.28, while it has posted earnings per share of $1.16 in the same period. Its PEG reads 0.54 and has Quick Ratio of 1.36 while making debt-to-equity ratio of 0.61. 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 5.24% while standing at 4.25% over the month.
Stock’s fiscal year EPS is expected to rise by 38.86% while it is estimated to increase by 21.33% in next year. EPS is likely to shrink at an annualized rate of 18.90% for next 5-years, compared to annual growth of 23.53% 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 Morgan Stanley on September 05, 2024 offering an Underweight rating for the stock and assigned a target price range of between $16.50 and $7 to it. Coverage by UBS stated StoneCo Ltd (STNE) stock as a Buy in their note to investors on July 08, 2024, suggesting a price target of $17 for the stock. On June 06, 2024, JP Morgan Upgrade their recommendations, while on February 01, 2024, UBS Downgrade their ratings for the stock with a price target of $21. Stock get a Buy rating from Goldman on January 22, 2024.
