StoneCo Ltd (NASDAQ: STNE) is -1.51% lower on its value in year-to-date trading and has touched a low of $7.83 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 $7.97 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $7.85, the stock is -5.24% and -17.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.3 million and changing -1.51% at the moment leaves the stock -37.02% off its SMA200. STNE registered -52.91% loss for a year compared to 6-month loss of -41.51%. The firm has a 50-day simple moving average (SMA 50) of $9.5004 and a 200-day simple moving average (SMA200) of $12.46375.
The stock witnessed a -14.49% gain in the last 1 month and extending the period to 3 months gives it a -27.65%, and is -3.09% 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 3.08% over the week and 3.64% over the month.
StoneCo Ltd (STNE) has around 17091 employees, a market worth around $2.34B and $986.75M in sales. Current P/E ratio is 6.41 and Fwd P/E is 6.10. Profit margin for the company is 40.46%. Distance from 52-week low is 0.26% and -59.66% from its 52-week high. The company has generated returns on investments over the last 12 months (9.67%).
with sales reaching $3.54B over the same period.The EPS is expected to grow by 44.15% this year, but quarterly earnings will post 10.73% year-over-year. Quarterly sales are estimated to grow 9.08% in year-over-year returns.
StoneCo Ltd (STNE) Top Institutional Holders
The shares outstanding are 278.03M, and float is at 256.16M with Short Float at 10.27%.
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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