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Currently, there are 254.62M common shares owned by the public and among those 248.88M shares have been available to trade.
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The company’s stock has a 5-day price change of -5.72% and 16.25% over the past three months. STNE shares are trading 8.60% year to date (YTD), with the 12-month market performance up to 75.91% higher. It has a 12-month low price of $7.72 and touched a high of $16.68 over the same period. STNE has an average intraday trading volume of 5.85 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 -8.76%, -2.95%, and 24.06% respectively.
Institutional ownership of StoneCo Ltd (NASDAQ: STNE) shares accounts for 76.81% of the company’s 254.62M shares outstanding.
It has a market capitalization of $3.81B and a beta (3y monthly) value of 1.89. The earnings-per-share (ttm) stands at -$0.78. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.82% over the week and 3.83% over the month.
Analysts forecast that StoneCo Ltd (STNE) will achieve an EPS of 2.05 for the current quarter, 2.16 for the next quarter and 10.64 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.88 while analysts give the company a high EPS estimate of 1.88. Comparatively, EPS for the current quarter was 1.58 a year ago. Earnings per share for the fiscal year are expected to increase by 15.21%, and 18.16% over the next financial year.
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Morgan Stanley coverage for the StoneCo Ltd (STNE) stock in a research note released on September 05, 2024 offered a Underweight rating with a price target of $7. UBS was of a view on July 08, 2024 that the stock is Buy, while JP Morgan gave the stock Overweight rating on June 06, 2024, issuing a price target of $20. UBS on their part issued Neutral rating on February 01, 2024.
