Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of StoneCo Ltd (NASDAQ: STNE) was $8.42 for the day, down -3.66% from the previous closing price of $8.74. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 6.04 million shares were traded. STNE stock price reached its highest trading level at $8.585 during the session, while it also had its lowest trading level at $8.2.
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.
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 2498845696 and an Enterprise Value of 8201404928. As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.88, and their Forward P/E ratio for the next fiscal year is 6.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.664 whereas that against EBITDA is 1.352.
Stock Price History:
The Beta on a monthly basis for STNE is 2.24, which has changed by -0.48678803 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, STNE has reached a high of $19.46, while it has fallen to a 52-week low of $7.72. The 50-Day Moving Average of the stock is -9.19%, while the 200-Day Moving Average is calculated to be -31.54%.
Shares Statistics:
STNE traded an average of 5.33M shares per day over the past three months and 4931840 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 68.38% stake in the company. Shares short for STNE as of 1735603200 were 26312245 with a Short Ratio of 4.94, compared to 1732838400 on 18276201. Therefore, it implies a Short% of Shares Outstanding of 26312245 and a Short% of Float of 9.6999995.
