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.
After finishing at $10.57 in the prior trading day, StoneCo Ltd (NASDAQ: STNE) closed at $10.73, up 1.51%. In other words, the price has increased by $1.51 from its previous closing price. On the day, 4.11 million shares were traded. STNE stock price reached its highest trading level at $10.75 during the session, while it also had its lowest trading level at $10.29.
Ratios:
Our goal is to gain a better understanding of STNE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.67.
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:
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 2943217152 and an Enterprise Value of 10224864256. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 0.803 whereas that against EBITDA is 1.595.
Stock Price History:
The Beta on a monthly basis for STNE is 2.07, which has changed by -0.36320478 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. 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 10.04%, while the 200-Day Moving Average is calculated to be -1.15%.
Shares Statistics:
The stock has traded on average 6.45M shares per day over the past 3-months and 6206070 shares per day over the last 10 days, according to various share statistics. A total of 269.09M shares are outstanding, with a floating share count of 228.28M. Insiders hold about 16.78% of the company’s shares, while institutions hold 77.08% stake in the company. Shares short for STNE as of 1741910400 were 30021697 with a Short Ratio of 4.66, compared to 1739491200 on 28341114. Therefore, it implies a Short% of Shares Outstanding of 30021697 and a Short% of Float of 11.9799994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
