StoneCo Ltd (NASDAQ: STNE) is -22.02% lower on its value in year-to-date trading and has touched a low of $9.34 and a high of $19.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STNE stock was last observed hovering at around $13.35 in the last trading session, with the day’s gains setting it 0.71%.
Currently trading at $14.06, the stock is 8.37% and 10.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.08 million and changing 5.32% at the moment leaves the stock -7.10% off its SMA200. STNE registered 3.23% gain for a year compared to 6-month loss of -19.75%.
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The stock witnessed a 3.23% gain in the last 1 month and extending the period to 3 months gives it a -6.17%, and is 10.62% 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 4.27% over the week and 4.05% over the month.
StoneCo Ltd (STNE) has around 17091 employees, a market worth around $4.34B and $1.03B in sales. Current P/E ratio is 12.13 and Fwd P/E is 9.49. Profit margin for the company is 37.58%. Distance from 52-week low is 50.62% and -27.75% from its 52-week high. The company has generated returns on investments over the last 12 months (10.01%).
StoneCo Ltd quarterly earnings per share for the current quarter are estimated at 0.28 with sales reaching $585.88M over the same period.The EPS is expected to grow by 38.41% this year, but quarterly earnings will post 6.90% year-over-year. Quarterly sales are estimated to grow 3.90% in year-over-year returns.
The shares outstanding are 290.19M, and float is at 258.01M with Short Float at 5.44%.
The top institutional shareholder in the company is MADRONE ADVISORS, LLC with over 25.34 million shares valued at $$420.89 million. The investor’s holdings represent 8.0919 of the STNE Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 20.27 million shares valued at $$336.7 million to account for 6.4734 of the shares outstanding. The other top investors are POINT72 ASSET MANAGEMENT, L.P. which holds 7.61 million shares representing 2.4294 and valued at over $$126.36 million, while SLATE PATH CAPITAL LP holds 2.1536 of the shares totaling 6.74 million with a market value of $$112.02 million.
