The stock of StoneCo Ltd (NASDAQ:STNE) last traded at $13.87, up 1.39% from the previous session.
Data from the available sources indicates that StoneCo Ltd (NASDAQ:STNE) is covered by 17 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $111.90 and a low of $43.79, we find $78.26. Given the previous closing price of $13.68, this indicates a potential upside of 472.08 percent. STNE stock price is now 30.33% away from the 50-day moving average and 21.31% away from the 200-day moving average. The market capitalization of the company currently stands at $4.16B.
In total, 7 analysts have assigned it a hold rating, and 8 have given it a buy rating. Brokers who have rated the stock have averaged $77.53 as their price target over the next twelve months.
A total of 17.21% of the company’s stock is owned by insiders.
With an opening price of $13.80 on Friday morning, StoneCo Ltd (NASDAQ: STNE) set off the trading day. 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 0.33, 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 $3.20B, which is based on a 22.39 price-to-earnings ratio, a 0.38 price-to-earnings-growth ratio, and a beta of 2.33. The fifty day moving average price for STNE is $10.69 and a two-hundred day moving average price translates $11.45 for the stock.
The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for Sep, 2023. The net profit margin was 20.44% and return on equity was 7.90% for STNE. The company reported revenue of $643.05 million for the quarter, compared to $478.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 34.36 percent.
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.