StoneCo Ltd (NASDAQ: STNE) is 7.65% higher on its value in year-to-date trading and has touched a low of $7.72 and a high of $19.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STNE stock was last observed hovering at around $8.44 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $8.58, the stock is 4.49% and -5.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.92 million and changing 1.66% at the moment leaves the stock -29.56% off its SMA200. STNE registered -49.62% loss for a year compared to 6-month loss of -36.11%. The firm has a 50-day simple moving average (SMA 50) of $9.1644 and a 200-day simple moving average (SMA200) of $12.22215.
The stock witnessed a 6.72% gain in the last 1 month and extending the period to 3 months gives it a -22.14%, and is 4.25% 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 3.77% over the week and 3.47% over the month.
StoneCo Ltd (STNE) has around 17091 employees, a market worth around $2.56B and $986.75M in sales. Current P/E ratio is 7.01 and Fwd P/E is 6.93. Profit margin for the company is 40.46%. Distance from 52-week low is 11.11% and -55.91% from its 52-week high. The company has generated returns on investments over the last 12 months (9.67%).
with sales reaching $3.6B over the same period.The EPS is expected to grow by 38.25% this year, but quarterly earnings will post 10.93% year-over-year. Quarterly sales are estimated to grow 10.92% in year-over-year returns.
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.
