In yesterday’s Wall Street session, StoneCo Ltd (NASDAQ:STNE) shares traded at $13.35, up 1.14% from the previous session.
STNE stock price is now 4.60% away from the 50-day moving average and -11.68% away from the 200-day moving average. The market capitalization of the company currently stands at $4.13B.
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With the price target reduced from $21 to $17, UBS Upgraded its rating from Neutral to Buy for StoneCo Ltd (NASDAQ: STNE). On June 06, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $20, while ‘UBS’ rates the stock as ‘Neutral’
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 $7010984960, which is based on a 12.86 price-to-earnings ratio, a 0.68 price-to-earnings-growth ratio, and a beta of 2.30. The fifty day moving average price for STNE is $12.7582 and a two-hundred day moving average price translates $15.1344 for the stock.
The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for 2024-03-31. 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 $590.39M in revenue.
