In the last trading session, 6.66 million shares of the StoneCo Ltd (NASDAQ:STNE) were traded, and its beta was 1.92. Most recently the company’s share price was $15.09, and it changed around $1.33 or 9.67% from the last close, which brings the market valuation of the company to $4.10B. STNE currently trades at a discount to its 52-week high of $15.08, offering almost 0.07% off that amount. The share price’s 52-week low was $7.72, which indicates that the current value has risen by an impressive 48.84% since then. We note from StoneCo Ltd’s average daily trading volume that its 10-day average is 7.27 million shares, with the 3-month average coming to 6.59 million.
StoneCo Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.53. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 2 recommended STNE as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
StoneCo Ltd (NASDAQ:STNE) trade information
Instantly STNE has showed a green trend with a performance of 9.67% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 15.16 on recent trading dayincreased the stock’s daily price by 0.46%. The company’s shares are currently up 89.34% year-to-date, but still up 13.89% over the last five days. On the other hand, StoneCo Ltd (NASDAQ:STNE) is 13.63% up in the 30-day period. We can see from the shorts that 24.97 million shares have been sold at a short interest cover period of 4.38 day(s).
The consensus price target as assigned by Wall Street analysts is $8.85, which translates to bulls needing to decrease their stock price by -70.51% from its current value. Analyst projections state that STNE is forecast to be at a low of $5.7 and a high of $12.
StoneCo Ltd earnings are expected to increase by 14.06% in 2025, but the outlook is positive 15.72% per year for the next five years.
STNE Dividends
StoneCo Ltd’s next quarterly earnings report is expected to be released on 2025-May-07.
StoneCo Ltd (NASDAQ:STNE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.77% of StoneCo Ltd shares, and 82.67% of them are in the hands of institutional investors. The stock currently has a share float of 84.16%. StoneCo Ltd stock is held by 367.0 institutions, with MADRONE ADVISORS, LLC being the largest institutional investor. By 2024-06-30, it held 8.2316% of the shares, which is about 25.34 million shares worth $303.82 million.
BLACKROCK INC., with 6.4475% or 19.85 million shares worth $237.97 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
