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As of close of business last night, StoneCo Ltd’s stock clocked out at $9.51, up 7.22% from its previous closing price of $8.87. In other words, the price has increased by $7.22 from its previous closing price. On the day, 8.78 million shares were traded. STNE stock price reached its highest trading level at $9.69 during the session, while it also had its lowest trading level at $8.94.
Ratios:
To gain a deeper understanding of STNE’s stock, we examine its different ratios. 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 2822330368 and an Enterprise Value of 8334953984. As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.77, and their Forward P/E ratio for the next fiscal year is 7.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 0.675 whereas that against EBITDA is 1.374.
Stock Price History:
The Beta on a monthly basis for STNE is 2.25, which has changed by -0.512905 over the last 52 weeks, in comparison to a change of 0.21794415 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 7.45%, while the 200-Day Moving Average is calculated to be -20.37%.
Shares Statistics:
It appears that STNE traded 5.75M shares on average per day over the past three months and 5019660 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 66.20% stake in the company. Shares short for STNE as of 1736899200 were 25695104 with a Short Ratio of 4.47, compared to 1734048000 on 24355196. Therefore, it implies a Short% of Shares Outstanding of 25695104 and a Short% of Float of 9.47.
