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These Numbers Show Favorable Signs for StoneCo Ltd (STNE)

StoneCo Ltd (NASDAQ: STNE) is -35.88% lower on its value in year-to-date trading and has touched a low of $10.20 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 $11.30 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $11.56, the stock is 2.95% and 1.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing 2.30% at the moment leaves the stock -17.88% off its SMA200. STNE registered 12.34% gain for a year compared to 6-month loss of -30.57%. The firm has a 50-day simple moving average (SMA 50) of $11.4428 and a 200-day simple moving average (SMA200) of $14.11045.

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The stock witnessed a 5.57% gain in the last 1 month and extending the period to 3 months gives it a -12.42%, and is 1.94% 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 4.37% over the week and 3.15% over the month.

StoneCo Ltd (STNE) has around 17091 employees, a market worth around $3.43B and $1.03B in sales. Current P/E ratio is 9.97 and Fwd P/E is 8.10. Profit margin for the company is 37.58%. Distance from 52-week low is 13.33% and -40.60% from its 52-week high. The company has generated returns on investments over the last 12 months (10.01%).

with sales reaching $589.59M over the same period.The EPS is expected to grow by 39.19% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to shrink -7.70% 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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