StoneCo Ltd (NASDAQ:STNE) shares traded 4.21% higher at $16.58 on Wall Street last session.
In accordance with the data, 17 analysts cover 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 $111.90 and a low of $43.80, we find $81.03. Given the previous closing price of $15.91, this indicates a potential upside of 409.3 percent. STNE stock price is now 37.01% away from the 50-day moving average and 39.27% away from the 200-day moving average. The market capitalization of the company currently stands at $4.97B.
It has been rated a hold by 7 analysts and a buy by 8. Brokers who have rated the stock have averaged $79.41 as their price target over the next twelve months.
A total of 17.21% of the company’s stock is owned by insiders.
StoneCo Ltd (NASDAQ: STNE) opened at $15.97 on Wednesday. During the past 12 months, StoneCo Ltd has had a low of $8.09 and a high of $16.80. 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 $3.86B, which is based on a 26.77 price-to-earnings ratio, a 0.42 price-to-earnings-growth ratio, and a beta of 2.43. The fifty day moving average price for STNE is $12.10 and a two-hundred day moving average price translates $11.90 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 $0.22 by 0.05. 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 $691.91M 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.
