StoneCo Ltd (NASDAQ:STNE) Is 39.03% Above Its 52-Week Low, But Will It Continue To Rise?

StoneCo Ltd (NASDAQ:STNE)’s traded shares stood at 1.03 million during the latest session, with the company’s beta value hitting 2.39. At the last check today, the stock’s price was $15.32, to imply an increase of 0.39% or $0.06 in intraday trading. The STNE share’s 52-week high remains $19.46, putting it -27.02% down since that peak but still an impressive 39.03% since price per share fell to its 52-week low of $9.34. The company has a valuation of $4.73B, with an average of 5.20 million shares over the past 3 months.

StoneCo Ltd (NASDAQ:STNE) trade information

After registering a 0.39% upside in the latest session, StoneCo Ltd (STNE) has traded red over the past five days. The stock hit a weekly high of 16.30, jumping 0.39% in its intraday price action. The 5-day price performance for the stock is -4.96%, and -8.70% over 30 days. With these gigs, the year-to-date price performance is -15.03%.

StoneCo Ltd (STNE) estimates and forecasts

Looking at statistics comparing StoneCo Ltd share performance against respective industry, we note that the company has outperformed competitors. StoneCo Ltd (STNE) shares are 51.83% up over the last 6 months, with its year-to-date growth rate higher than industry average at 30.93% against 20.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 23.53% for the past 5-year period. While 2024 is set for a 39.48% return in earnings, projections for the next 5 years are at 76.60% annually.

STNE Dividends

StoneCo Ltd has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. StoneCo Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.