StoneCo Ltd [STNE] fell -29.28% so far this year. What now?

WGO

StoneCo Ltd [NASDAQ: STNE] stock went on a downward path that fall over -2.89% on Tuesday, amounting to a one-week price decrease of less than -4.57%.

Over the last 12 months, STNE stock rose by 0.39%. The one-year StoneCo Ltd stock forecast points to a potential upside of 32.61. The average equity rating for STNE stock is currently 2.00, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for the stock reached $3.94 billion, with 290.19 million shares outstanding and 258.01 million shares in the current float. Compared to the average trading volume of 5.39M shares, STNE stock reached a trading volume of 7946488 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $18.92 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 2.00. 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.

JP Morgan have made an estimate for StoneCo Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 06, 2024. While these analysts kept the previous recommendation, UBS raised their target price from $18 to $21. The new note on the price target was released on February 01, 2024, representing the official price target for StoneCo Ltd stock. Previously, the target price had yet another raise from $12 to $21, while Goldman kept a Buy rating on STNE stock.

The Average True Range (ATR) for StoneCo Ltd is set at 0.51, with the Price to Sales ratio for STNE stock in the period of the last 12 months amounting to 3.77. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 3.52.

STNE Stock Performance Analysis:

StoneCo Ltd [STNE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.57. With this latest performance, STNE shares dropped by -23.19% in over the last four-week period, additionally sinking by -19.51% over the last 6 months – not to mention a rise of 0.39% 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 25.39, with the RSI for the last a single of trading hit 20.42, and the three-weeks RSI is set at 29.85 for StoneCo Ltd [STNE]. The present Moving Average for the last 50 days of trading for this stock 15.37, while it was recorded at 13.17 for the last single week of trading, and 14.72 for the last 200 days.

Insight into StoneCo Ltd Fundamentals:

StoneCo Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.36 and a Current Ratio set at 1.36.

STNE Stock EPS

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 31.80%.

StoneCo Ltd [STNE] Institutonal Ownership Details

The top three institutional holders of STNE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in STNE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in STNE stock with ownership which is approximately 5.8386%.