Gaining Ground: StoneCo Ltd (STNE) Closes Lower at 9.41, Down -0.74

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The price of StoneCo Ltd (NASDAQ: STNE) closed at $9.41 in the last session, down -0.74% from day before closing price of $9.48. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 5.53 million shares were traded.

Ratios:

We take a closer look at STNE’s different ratios to gain a better understanding of the stock. 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.

On September 05, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $16.50 to $7.

UBS Upgraded its Neutral to Buy on July 08, 2024, whereas the target price for the stock was revised from $21 to $17.

Valuation Measures:

As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.69, and their Forward P/E ratio for the next fiscal year is 7.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 1.00.

Stock Price History:

Over the past 52 weeks, STNE has reached a high of $17.93, while it has fallen to a 52-week low of $7.72. The 50-Day Moving Average of the stock is 6.68%, while the 200-Day Moving Average is calculated to be -16.95%.

Shares Statistics:

A total of 278.03M shares are outstanding, with a floating share count of 247.64M. Insiders hold about 16.56% of the company’s shares, while institutions hold 70.87% stake in the company.

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