StoneCo Ltd (NASDAQ: STNE) has a higher price-to-earnings ratio of 16.38x compared to its average ratio, The 36-month beta value for STNE is at 2.39. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for STNE is 257.57M, and currently, shorts hold a 4.68% of that float. The average trading volume for STNE on April 22, 2024 was 5.20M shares.
STNE) stock’s latest price update
StoneCo Ltd (NASDAQ: STNE)’s stock price has plunge by 0.26relation to previous closing price of 15.26. Nevertheless, the company has seen a -5.09% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-19 that Investors looking for stocks in the Internet – Software sector might want to consider either StoneCo Ltd. (STNE) or F5 Networks (FFIV).
STNE’s Market Performance
StoneCo Ltd (STNE) has seen a -5.09% fall in stock performance for the week, with a -8.82% decline in the past month and a -10.16% plunge in the past quarter. The volatility ratio for the week is 3.26%, and the volatility levels for the past 30 days are at 3.74% for STNE. The simple moving average for the past 20 days is -6.46% for STNE’s stock, with a 6.80% simple moving average for the past 200 days.
Analysts’ Opinion of STNE
Many brokerage firms have already submitted their reports for STNE stocks, with UBS repeating the rating for STNE by listing it as a “Neutral.” The predicted price for STNE in the upcoming period, according to UBS is $21 based on the research report published on February 01, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see STNE reach a price target of $21, previously predicting the price at $12. The rating they have provided for STNE stocks is “Buy” according to the report published on January 22nd, 2024.
STNE Trading at -8.72% from the 50-Day Moving Average
After a stumble in the market that brought STNE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.38% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 3.26%, as shares sank -8.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.86% lower at present.
During the last 5 trading sessions, STNE fell by -5.09%, which changed the moving average for the period of 200-days by +27.71% in comparison to the 20-day moving average, which settled at $16.28. In addition, StoneCo Ltd saw -15.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for STNE
Current profitability levels for the company are sitting at:
- 0.47 for the present operating margin
- 0.73 for the gross margin
The net margin for StoneCo Ltd stands at 0.09. The total capital return value is set at 0.28. Equity return is now at value 11.76, with 3.56 for asset returns.
Based on StoneCo Ltd (STNE), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 3.58.
Currently, EBITDA for the company is 4.78 billion with net debt to EBITDA at 0.17. When we switch over and look at the enterprise to sales, we see a ratio of 2.31. The receivables turnover for the company is 0.5for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In conclusion, StoneCo Ltd (STNE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
