StoneCo Ltd (NASDAQ:STNE) Risks You Should Know Before Investing

The price of StoneCo Ltd (NASDAQ:STNE) shares last traded on Wall Street fell -2.17% to $10.37.

Based on available information, 17 analysts follow StoneCo Ltd (NASDAQ:STNE). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $107.56 and a low of $51.85, we find $66.22. Given the previous closing price of $10.60, this indicates a potential upside of 524.72 percent. STNE stock price is now -2.93% away from the 50-day moving average and -9.10% away from the 200-day moving average. The market capitalization of the company currently stands at $3.11B.

Among analysts, 8 rate the stock a hold while 7 rate it a buy. Brokers who have rated the stock have averaged $73.69 as their price target over the next twelve months.

With the price target enhanced from $14 to $18, UBS Upgraded its rating from Neutral to Buy for StoneCo Ltd (NASDAQ: STNE).

A total of 17.21% of the company’s stock is owned by insiders.

A candlestick chart of StoneCo Ltd (NASDAQ: STNE) showed a price of $10.57 on Wednesday morning. During the past 12 months, StoneCo Ltd has had a low of $8.09 and a high of $14.83. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 1.27, and a quick ratio of 1.27. According to the stock market information, the enterprise value for the company is $2.26B, which is based on a 21.50 price-to-earnings ratio, a 0.45 price-to-earnings-growth ratio, and a beta of 2.24. The fifty day moving average price for STNE is $10.68 and a two-hundred day moving average price translates $11.41 for the stock.

The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for Jun, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.19, beating analysts’ expectations of $0.17 by 0.02. This compares to -$0.32 EPS in the same period last year. The net profit margin was 16.98% and return on equity was 6.06% for STNE. The company reported revenue of $596.87 million for the quarter, compared to $468.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.48 percent. For the current quarter, analysts expect STNE to generate $610.17M in revenue.

StoneCo Ltd(STNE) Company Profile

StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team. The company served approximately 2.6 million clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands.

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