Could StoneCo Ltd (STNE) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, StoneCo Ltd (NASDAQ:STNE) shares traded at $15.17, up 2.15% from the previous session.

STNE stock price is now -6.77% away from the 50-day moving average and 3.41% away from the 200-day moving average. The market capitalization of the company currently stands at $4.69B.

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With the price target enhanced from $18 to $21, UBS Downgraded its rating from Buy to Neutral for StoneCo Ltd (NASDAQ: STNE). On January 22, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $12 to quote $21, while ‘BofA Securities’ rates the stock as ‘Buy’

A total of 16.50% of the company’s stock is owned by insiders.

During the past 12 months, StoneCo Ltd has had a low of $9.34 and a high of $19.46. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.36, and a quick ratio of 1.36. According to the stock market information, the enterprise value for the company is $7573248512, which is based on a 14.61 price-to-earnings ratio, a 0.46 price-to-earnings-growth ratio, and a beta of 2.37. The fifty day moving average price for STNE is $16.2358 and a two-hundred day moving average price translates $14.67785 for the stock.

The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for 2024-03-31. According to the Software – Infrastructure Company, earnings per share came in at 0.19, beating analysts’ expectations of 0.17 by 0.02. This compares to $0.13 EPS in the same period last year. The net profit margin was 33.66% and return on equity was 12.54% for STNE. The company reported revenue of $622.84 million for the quarter, compared to $521.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.32 percent. For the current quarter, analysts expect STNE to generate $637.73M in revenue.

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