During the recent session, StoneCo Ltd (NASDAQ:STNE)’s traded shares were 1.48 million, with the beta value of the company hitting 2.39. At the last check today, the stock’s price was $16.22, reflecting an intraday gain of 4.14% or $0.65. The 52-week high for the STNE share is $19.46, that puts it down -19.98 from that peak though still a striking 42.42% gain since the share price plummeted to a 52-week low of $9.34. The company’s market capitalization is $5.01B, and the average trade volume was 5.10 million shares over the past three months.
StoneCo Ltd (NASDAQ:STNE) trade information
StoneCo Ltd (STNE) registered a 4.14% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.14% in intraday trading to $16.22, hitting a weekly high. The stock’s 5-day price performance is 5.98%, and it has moved by -3.02% in 30 days. Based on these gigs, the overall price performance for the year is 38.35%.
StoneCo Ltd (STNE) estimates and forecasts
Statistics show that StoneCo Ltd has outperformed its competitors in share price, compared to the industry in which it operates. StoneCo Ltd (STNE) shares have gone up 65.12% during the last six months, with a year-to-date growth rate more than the industry average at 30.93% against 18.90. In the rating firms’ projections, revenue will increase 11.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 598.5M as predicted by 7 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 634.48M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 565.99M and 564.09M respectively. In this case, analysts expect current quarter sales to grow by 5.70% and then jump by 12.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.53%. While earnings are projected to return 39.14% in 2024, the next five years will return 76.60% per annum.
STNE Dividends
StoneCo Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
