The price of StoneCo Ltd (NASDAQ:STNE) shares last traded on Wall Street rose 15.53% to $11.38.
STNE stock price is now 23.77% away from the 50-day moving average and 3.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.38B.
On September 05, 2024, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $16.50 to quote $7, while ‘UBS’ rates the stock as ‘Buy’
A total of 16.91% of the company’s stock is owned by insiders.
During the past 12 months, StoneCo Ltd has had a low of $7.72 and a high of $17.93. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.42, and a quick ratio of 1.42. According to the stock market information, the enterprise value for the company is $1773000320, which is based on a 9.30 price-to-earnings ratio, a 0.36 price-to-earnings-growth ratio, and a beta of 2.08. The fifty day moving average price for STNE is $9.1944 and a two-hundred day moving average price translates $10.9598 for the stock.
The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for 2024-12-31. The net profit margin was 40.46% and return on equity was 14.20% for STNE. The company reported revenue of $605.31 million for the quarter, compared to $643.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.87 percent. For the current quarter, analysts expect STNE to generate $3.8B in revenue.
