In the last trading session, 4.91 million StoneCo Ltd (NASDAQ:STNE) shares changed hands as the company’s beta touched 2.39. With the company’s per share price at $15.29 changed hands at -$0.38 or -2.43% during last session, the market valuation stood at $4.72B. STNE’s last price was a discount, traded about -27.27% off its 52-week high of $19.46. The share price had its 52-week low at $9.34, which suggests the last value was 38.91% up since then. When we look at StoneCo Ltd’s average trading volume, we note the 3-month average coming to 5.37 million.

StoneCo Ltd (NASDAQ:STNE) trade information

Instantly STNE was in red as seen at the end of in last trading. With action -11.52%, the performance over the past five days has been red. The drop to weekly highs of 17.23 subtracted -2.43% to the stock’s daily price. The company’s shares are showing year-to-date downside of -15.20%, with the 5-day performance at -11.52% in the red. However, in the 30-day time frame, StoneCo Ltd (NASDAQ:STNE) is -11.62% down.

StoneCo Ltd (STNE) estimates and forecasts

Data shows that the StoneCo Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 57.47% over the past 6 months, a 34.02% in annual growth rate that is considerably higher than the industry average of 20.10%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for StoneCo Ltd will rise 93.30%, while the growth in revenue is estimated to hit 68.40% for the next quarter. Year-over-year growth is forecast to reach 10.20% up from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $602.61 million. 2 analysts are of the opinion that StoneCo Ltd’s revenue for the quarter ending Jun 2024 will be $640.59 million. The company’s revenue for the corresponding quarters a year ago was $565.99 million and $564.09 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.50%. The estimates for the next quarter sales put growth at 13.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.53%. The 2024 estimates are for StoneCo Ltd earnings to increase by 40.42%, but the outlook for the next 5-year period is at 76.60% per year.

STNE Dividends

StoneCo Ltd is expected to release its next quarterly earnings report in May.