Wall Street Analyst Initiated StoneCo Ltd. [STNE]. What else is Wall St. saying

StoneCo Ltd. [NASDAQ: STNE] closed the trading session at $11.79 on 08/16/22. The day’s price range saw the stock hit a low of $11.62, while the highest price level was $12.385. The company report on August 15, 2022 that StoneCo Ltd. to Announce Second Quarter 2022 Financial Results on August 18, 2022.


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StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its second quarter 2022 financial results on Thursday, August 18, 2022 at 5:00pm ET (6:00pm BRT). A press release with second quarter 2022 financial results will be issued after the market closes that same day.

The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S. Callers from Brazil can dial +55 11 3181-8565. Callers from the UK can dial +44 20 3795-9972. The call will also be webcast live and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Stone’s investor relations website at https://investors.stone.co/.

The stocks have a year to date performance of -30.07 percent and weekly performance of 3.69 percent. The stock has been moved at -5.30 percent over the last six months. The stock has performed 36.30 percent around the most recent 30 days and changed 41.03 percent over the most recent 3-months.

If compared to the average trading volume of 8.03M shares, STNE reached to a volume of 8285508 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about StoneCo Ltd. [STNE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STNE shares is $13.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STNE stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cantor Fitzgerald have made an estimate for StoneCo Ltd. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 08, 2022. The new note on the price target was released on March 18, 2022, representing the official price target for StoneCo Ltd. stock. Previously, the target price had yet another drop from $30 to $14, while Evercore ISI kept a In-line rating on STNE stock. On January 31, 2022, analysts decreased their price target for STNE shares from 60 to 16.

The Average True Range (ATR) for StoneCo Ltd. is set at 0.71, with the Price to Sales ratio for STNE stock in the period of the last 12 months amounting to 2.91. The Price to Book ratio for the last quarter was 1.40, with the Price to Cash per share for the same quarter was set at 4.29. Price to Free Cash Flow for STNE in the course of the last twelve months was 7.07 with Quick ratio for the last quarter at 1.30.

STNE stock trade performance evaluation

StoneCo Ltd. [STNE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.69. With this latest performance, STNE shares gained by 36.30% in over the last four-week period, additionally sinking by -5.30% over the last 6 months – not to mention a drop of -76.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STNE stock in for the last two-week period is set at 63.91, with the RSI for the last a single of trading hit 64.70, and the three-weeks RSI is set at 61.45 for StoneCo Ltd. [STNE]. The present Moving Average for the last 50 days of trading for this stock 9.45, while it was recorded at 11.84 for the last single week of trading, and 13.18 for the last 200 days.

StoneCo Ltd. [STNE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and StoneCo Ltd. [STNE] shares currently have an operating margin of -31.16 and a Gross Margin at +28.78. StoneCo Ltd.’s Net Margin is presently recorded at -50.35.

Return on Equity for this stock declined to -9.53, with Return on Assets sitting at -3.69.

StoneCo Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for StoneCo Ltd. [STNE] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for STNE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for StoneCo Ltd. go to 4.11%.

StoneCo Ltd. [STNE]: Insider Ownership positions

There are presently around $2,208 million, or 67.40% of STNE stock, in the hands of institutional investors. The top three institutional holders of STNE stocks are: BLACKROCK INC. with ownership of 16,785,336, which is approximately 154.513% of the company’s market cap and around 12.74% of the total institutional ownership; BERKSHIRE HATHAWAY INC, holding 10,695,448 shares of the stock with an approximate value of $126.1 million in STNE stocks shares; and NIKKO ASSET MANAGEMENT AMERICAS, INC., currently with $112.93 million in STNE stock with ownership of nearly 2.283% of the company’s market capitalization.

Positions in StoneCo Ltd. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 150 institutional holders increased their position in StoneCo Ltd. [NASDAQ:STNE] by around 45,881,119 shares. Additionally, 141 investors decreased positions by around 42,625,175 shares, while 38 investors held positions by with 98,775,802 shares. The mentioned changes placed institutional holdings at 187,282,096 shares, according to the latest SEC report filing. STNE stock had 47 new institutional investments in for a total of 2,906,389 shares, while 64 institutional investors sold positions of 15,805,065 shares during the same period.

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