In yesterday’s Wall Street session, StoneCo Ltd (NASDAQ:STNE) shares traded at $16.40, up 5.13% from the previous session.
17 analysts cover StoneCo Ltd (NASDAQ:STNE), according to research data. 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 $43.80, we find $78.26. Given the previous closing price of $15.60, this indicates a potential upside of 401.67 percent. STNE stock price is now 46.30% away from the 50-day moving average and 41.03% away from the 200-day moving average. The market capitalization of the company currently stands at $4.92B.
The stock has received a hold rating from 7 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $77.86 as their price target over the next twelve months.
A total of 17.21% of the company’s stock is owned by insiders.
On Friday morning StoneCo Ltd (NASDAQ: STNE) stock kicked off with the opening price of $15.65. During the past 12 months, StoneCo Ltd has had a low of $8.09 and a high of $15.64. 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 $4.02B, which is based on a 26.48 price-to-earnings ratio, a 0.42 price-to-earnings-growth ratio, and a beta of 2.42. The fifty day moving average price for STNE is $11.33 and a two-hundred day moving average price translates $11.66 for the stock.
The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for Sep, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.23 by 0.04. This compares to $0.12 EPS in the same period last year. 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. For the current quarter, analysts expect STNE to generate $688.86M 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.
