During the recent session, StoneCo Ltd (NASDAQ:STNE)’s traded shares were 1.51 million, with the beta value of the company hitting 2.25. At the last check today, the stock’s price was $8.73, reflecting an intraday gain of 1.93% or $0.17. The 52-week high for the STNE share is $19.46, that puts it down -122.91 from that peak though still a striking 11.57% gain since the share price plummeted to a 52-week low of $7.72. The company’s market capitalization is $2.60B, and the average intraday trading volume over the past 10 days was 5.39 million shares, and the average trade volume was 5.63 million shares over the past three months.
StoneCo Ltd (STNE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.12. STNE has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.
StoneCo Ltd (NASDAQ:STNE) trade information
StoneCo Ltd (STNE) registered a 1.93% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.93% in intraday trading to $8.73, hitting a weekly high. The stock’s 5-day price performance is 3.62%, and it has moved by 6.40% in 30 days. Based on these gigs, the overall price performance for the year is -48.92%. The short interest in StoneCo Ltd (NASDAQ:STNE) is 26.31 million shares and it means that shorts have 4.46 day(s) to cover.
The consensus price target of analysts on Wall Street is $17, which implies an increase of 48.65% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $82 respectively. As a result, STNE is trading at a discount of -839.29% off the target high and -14.55% off the low.
StoneCo Ltd (STNE) estimates and forecasts
Statistics show that StoneCo Ltd has underperformed its competitors in share price, compared to the industry in which it operates. StoneCo Ltd (STNE) shares have gone down -33.75% during the last six months, with a year-to-date growth rate less than the industry average at 19.59% against 25.80.
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 37.90% in 2025, the next five years will return 21.64% per annum.
STNE Dividends
StoneCo Ltd is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
StoneCo Ltd (NASDAQ:STNE)’s Major holders
The next largest institutional holding, with 19.85 million shares, is of BLACKROCK INC.’s that is approximately 6.4206% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $237.97 million.
Also, the Mutual Funds coming in first place with the largest holdings of StoneCo Ltd (STNE) shares are iShares Russell 2000 ETF and Fidelity Small Cap Index Fund. Data provided on Oct 31, 2024 indicates that iShares Russell 2000 ETF owns about 7.41 shares. This amounts to just over 2.52 percent of the company’s overall shares, with a $64.86 million market value. The same data shows that the other fund manager holds slightly less at 2.92, or about 1.00% of the stock, which is worth about $25.59 million.
