StoneCo Ltd (NASDAQ:STNE) traded at $15.60 at close of the session on Tuesday, April 30, made a downward move of -3.64% on its previous day’s price.
Looking at the stock we see that its previous close was $16.19 . The company has a trailing 12-month PE ratio of 16.70. In terms of its 52-week price range, STNE has a high of $19.46 and a low of $9.34. The company’s stock has lost about -4.41% over that past 30 days.
StoneCo Ltd has a market cap of $4.82 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.28, with the EPS growth for the year raised at $1.32 for 2024 and $1.61 for next year. These figures represent 38.90% and 22.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $602.01 million, with a low of $588.06 million and a high of $618.54 million. The median projection represents growth squeezing down to 6.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.61 billion, or 10.90% up from figures reported last year.
On the other hand, looking at the outlook for the STNE stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the STNE stock currently stands at 0.22, and the current price level is -3.18% off its SMA20 and -5.44% from its 50-day simple moving average. The RSI (14) is pointing at 43.86 while the volatility over the past week is 3.44% and jumps to 3.67% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 0.62.
Coming back to StoneCo Ltd (NASDAQ:STNE), we note that the average 3-month trading volume was 5.10 million. Current shares outstanding are 290.19 million.
The insiders hold 16.64% of the company’s shares while institutions hold 66.96%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -13.48% down in year-to-date price movement.
