StoneCo Ltd (NASDAQ: STNE) is -35.72% lower on its value in year-to-date trading and has touched a low of $9.55 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 $11.46 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $11.59, the stock is 4.26% and -2.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.75 million and changing 1.13% at the moment leaves the stock -19.43% off its SMA200. STNE registered 19.36% gain for a year compared to 6-month loss of -28.41%. The firm has a 50-day simple moving average (SMA 50) of $11.914 and a 200-day simple moving average (SMA200) of $14.38515.
The stock witnessed a 1.05% gain in the last 1 month and extending the period to 3 months gives it a -11.05%, and is 5.17% 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 2.53% over the week and 2.65% over the month.
StoneCo Ltd (STNE) has around 17091 employees, a market worth around $3.55B and $1.03B in sales. Current P/E ratio is 10.00 and Fwd P/E is 8.12. Profit margin for the company is 37.58%. Distance from 52-week low is 21.36% and -40.44% from its 52-week high. The company has generated returns on investments over the last 12 months (10.01%).
with sales reaching $593.08M over the same period.The EPS is expected to grow by 38.76% this year, but quarterly earnings will post 2.20% year-over-year. Quarterly sales are estimated to shrink -7.10% in year-over-year returns.
StoneCo Ltd (STNE) Top Institutional Holders
The shares outstanding are 290.19M, and float is at 256.16M with Short Float at 6.42%.
The top institutional shareholder in the company is MADRONE ADVISORS, LLC with over 25.34 million shares valued at $303.82 million. The investor’s holdings represent 8.1973% of the STNE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.85 million shares valued at $237.97 million to account for 6.4206 of the shares outstanding. The other top investors are SQUADRA INVESTMENTS – GESTAO DE RECURSOS LTDA. which holds 8.52 million shares representing 2.7548% and valued at over $102.1 million, while POINT72 ASSET MANAGEMENT, L.P. holds 2.7132 of the shares totaling 8.39 million with a market value of $100.56 million.
StoneCo Ltd (STNE) Insider Activity
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