Positives for StoneCo Ltd (STNE) as stock gains in recent trading

StoneCo Ltd (NASDAQ: STNE) is -51.69% lower on its value in year-to-date trading and has touched a low of $8.70 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 $8.71 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $8.71, the stock is -8.05% and -16.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.79 million and changing 0.00% at the moment leaves the stock -33.58% off its SMA200. STNE registered -49.00% loss for a year compared to 6-month loss of -25.68%. The firm has a 50-day simple moving average (SMA 50) of $10.4598 and a 200-day simple moving average (SMA200) of $13.15265.

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The stock witnessed a -10.76% gain in the last 1 month and extending the period to 3 months gives it a -29.13%, and is -3.76% down 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 3.70% over the week and 4.35% over the month.

StoneCo Ltd (STNE) has around 17091 employees, a market worth around $2.60B and $986.75M in sales. Current P/E ratio is 7.12 and Fwd P/E is 6.53. Profit margin for the company is 40.46%. Distance from 52-week low is 0.11% and -55.24% from its 52-week high. The company has generated returns on investments over the last 12 months (9.67%).

The EPS is expected to grow by 45.05% this year.

StoneCo Ltd (STNE) Top Institutional Holders

The shares outstanding are 278.03M, and float is at 256.16M with Short Float at 7.13%.

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.