Upward Trajectory: StoneCo Ltd (STNE) Posts a Gaine, Closing at 11.30

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The closing price of StoneCo Ltd (NASDAQ: STNE) was $11.30 for the day, up 1.25% from the previous closing price of $11.16. In other words, the price has increased by $1.25 from its previous closing price. On the day, 2.11 million shares were traded. STNE stock price reached its highest trading level at $11.31 during the session, while it also had its lowest trading level at $11.0518.

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 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.41.

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 3461664768 and an Enterprise Value of 7933679104. As of this moment, StoneCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.75, and their Forward P/E ratio for the next fiscal year is 7.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 0.656 whereas that against EBITDA is 1.312.

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 $9.55. The 50-Day Moving Average of the stock is -6.01%, while the 200-Day Moving Average is calculated to be -21.75%.

Shares Statistics:

STNE traded an average of 5.04M shares per day over the past three months and 2324620 shares per day over the past ten days. A total of 290.19M shares are outstanding, with a floating share count of 256.16M. Insiders hold about 16.38% of the company’s shares, while institutions hold 65.00% stake in the company. Shares short for STNE as of 1727654400 were 18127957 with a Short Ratio of 3.60, compared to 1724976000 on 12256544. Therefore, it implies a Short% of Shares Outstanding of 18127957 and a Short% of Float of 6.45.

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