StoneCo Ltd. (NASDAQ: STNE) is 13.03% higher on its value in year-to-date trading and has touched a low of $6.81 and a high of $16.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STNE stock was last observed hovering at around $10.15 in the last trading session, with the day’s gains setting it 0.52% off its average median price target of $62.02 for the next 12 months. It is also 88.06% off the consensus price target high of $89.37 offered by 21 analysts, but current levels are 65.71% higher than the price target low of $31.12 for the same period.
Currently trading at $10.67, the stock is 12.82% and 6.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.52 million and changing 5.12% at the moment leaves the stock 8.73% off its SMA200. STNE registered -26.21% loss for a year compared to 6-month gain of 15.23%.
The stock witnessed a 12.67% loss in the last 1 month and extending the period to 3 months gives it a 2.40%, and is 9.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.86% over the week and 5.86% over the month.
StoneCo Ltd. (STNE) has around 15485 employees, a market worth around $3.28B and $1.94B in sales. Fwd P/E is 3.40. Profit margin for the company is -13.80%. Distance from 52-week low is 56.64% and -34.45% from its 52-week high. The company has generated returns on investments over the last 12 months (11.30%).
StoneCo Ltd. (STNE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for StoneCo Ltd. (STNE) is a “Hold”. 21 analysts offering their recommendations for the stock have an average rating of 2.70, where 13 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
StoneCo Ltd. is expected to release its quarterly report on 05/30/2023.The EPS is expected to shrink by -251.30% this year.
StoneCo Ltd. (STNE) Top Institutional Holders
The shares outstanding are 312.40M, and float is at 247.08M with Short Float at 7.43%.