For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of StoneCo Ltd (NASDAQ: STNE) was $9.13 for the day, up 0.88% from the previous closing price of $9.05. In other words, the price has increased by $0.88 from its previous closing price. On the day, 5.92 million shares were traded. STNE stock price reached its highest trading level at $9.39 during the session, while it also had its lowest trading level at $8.91.
Ratios:
Our analysis of STNE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.47.
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, Morgan Stanley on September 05, 2024, Downgraded its rating to Underweight and sets its target price to $7 from $16.50 previously.
On July 08, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $21 to $17.
JP Morgan Upgraded its Neutral to Overweight on June 06, 2024, while the target price for the stock was maintained at $20.
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 2709555968 and an Enterprise Value of 8412115456. As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.46, and their Forward P/E ratio for the next fiscal year is 6.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.681 whereas that against EBITDA is 1.386.
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 $9.02. The 50-Day Moving Average of the stock is -13.82%, while the 200-Day Moving Average is calculated to be -31.23%.
Shares Statistics:
STNE traded an average of 4.66M shares per day over the past three months and 7040240 shares per day over the past ten days. A total of 278.03M shares are outstanding, with a floating share count of 256.16M. Insiders hold about 16.38% of the company’s shares, while institutions hold 68.07% stake in the company. Shares short for STNE as of 1732838400 were 18276201 with a Short Ratio of 3.92, compared to 1730332800 on 15419997. Therefore, it implies a Short% of Shares Outstanding of 18276201 and a Short% of Float of 6.74.
