A Few Bright Spots In StoneCo Ltd (NASDAQ: STNE)

StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 5.09M but it saw 1808326 shares traded in last market. With a market cap of 3.42B USD, the company’s current market price of $11.16 came rising about 0.36 while comparing to the previous closing price of $11.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.46 and as low as $9.55. In the recent trading on the day, stock has struck highest price mark of $11.01 while lowest mark touched by it was $11.31.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on September 05, 2024, recommending a price target of between $16.50 and $7 for it. UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on July 08, 2024 while assigning a price target range of $21-$17. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock is $20.

Over the week, STNE’s stock price is moving 2.20% up while it is -0.45% when we observe its performance for the past one month. Year-to-date it is -38.10% down and over the past year, the stock is showing an upside performance of 11.49%.

Currently, StoneCo Ltd’s total number of outstanding shares is 290.19M. Company’s return on investment (ROI) stands at 10.01% and return on equity (ROE) at 13.85%. It has a price to earnings ratio (P/E ratio) of 9.63 while having a 7.70 of forward P/E ratio. Stock’s beta reads 2.29. Stock has a price to book (P/B) ratio of 1.25 while price to sale or P/S ratio amounts to 3.33. Its return on asset (ROA) is 4.30% on average.