StoneCo Ltd (NASDAQ: STNE): Do Not Miss The Gain Train

StoneCo Ltd (STNE) concluded trading on Tuesday at a closing price of $7.97, with 3.94 million shares of worth about $31.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.40% during that period and on December 31, 2024 the price saw a gain of about 1.14%. Currently the company’s common shares owned by public are about 278.03M shares, out of which, 256.16M shares are available for trading.

Stock saw a price change of -1.48% in past 5 days and over the past one month there was a price change of -15.93%. Year-to-date (YTD), STNE shares are showing a performance of -55.80% which decreased to -55.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.83 but also hit the highest price of $19.46 during that period. The average intraday trading volume for StoneCo Ltd shares is 4.94 million. The stock is currently trading -7.87% below its 20-day simple moving average (SMA20), while that difference is down -19.37% for SMA50 and it goes to -37.34% lower than SMA200.

StoneCo Ltd (NASDAQ: STNE) currently have 278.03M outstanding shares and institutions hold larger chunk of about 67.54% of that.

The stock has a current market capitalization of $2.41B and its 3Y-monthly beta is at 2.24. PE ratio of stock for trailing 12 months is 6.51, while it has posted earnings per share of $1.22 in the same period. Its PEG reads 0.30 and has Quick Ratio of 1.42 while making debt-to-equity ratio of 0.66. 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 2.80% while standing at 4.09% over the month.

Stock’s fiscal year EPS is expected to rise by 44.52% while it is estimated to increase by 10.09% in next year. EPS is likely to shrink at an annualized rate of 21.64% 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.

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