Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
StoneCo Ltd (NASDAQ: STNE) closed the day trading at $15.78 up 3.34% from the previous closing price of $15.27. In other words, the price has increased by $3.34 from its previous closing price. On the day, 4.19 million shares were traded. STNE stock price reached its highest trading level at $15.84 during the session, while it also had its lowest trading level at $15.2325.
Ratios:
For a better understanding of STNE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on February 01, 2024, Downgraded its rating to Neutral and sets its target price to $21 from $18 previously.
On January 22, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $12 to $21.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STNE now has a Market Capitalization of 4876019712 and an Enterprise Value of 4790007808. As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.90, and their Forward P/E ratio for the next fiscal year is 10.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.74 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.422 whereas that against EBITDA is 0.816.
Stock Price History:
Over the past 52 weeks, STNE has reached a high of $19.46, while it has fallen to a 52-week low of $9.34. The 50-Day Moving Average of the stock is -5.23%, while the 200-Day Moving Average is calculated to be 9.88%.
Shares Statistics:
Over the past 3-months, STNE traded about 5.09M shares per day on average, while over the past 10 days, STNE traded about 4686730 shares per day. A total of 290.19M shares are outstanding, with a floating share count of 257.57M. Insiders hold about 16.64% of the company’s shares, while institutions hold 66.73% stake in the company. Shares short for STNE as of 1711584000 were 12050801 with a Short Ratio of 2.37, compared to 1709164800 on 10304048. Therefore, it implies a Short% of Shares Outstanding of 12050801 and a Short% of Float of 4.25.
