UBS lifts StoneCo Ltd [STNE] price estimate. Who else is bullish?

StoneCo Ltd [NASDAQ: STNE] jumped around 0.48 points on Monday, while shares priced at $13.43 at the close of the session, up 3.71%.

Compared to the average trading volume of 5.23M shares, STNE reached a trading volume of 5517508 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $17.84 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 1.84. 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.

UBS have made an estimate for StoneCo Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 08, 2024. The new note on the price target was released on June 06, 2024, representing the official price target for StoneCo Ltd stock. Previously, the target price had yet another raise from $18 to $21, while UBS kept a Neutral rating on STNE stock. On January 22, 2024, analysts increased their price target for STNE shares from 12 to 21.

The Average True Range (ATR) for StoneCo Ltd is set at 0.43, with the Price to Sales ratio for STNE stock in the period of the last 12 months amounting to 3.97. The Price to Book ratio for the last quarter was 1.39, with the Price to Cash per share for the same quarter was set at 3.52.

How has STNE stock performed recently?

StoneCo Ltd [STNE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.15. With this latest performance, STNE shares gained by 12.38% in over the last four-week period, additionally sinking by -21.14% over the last 6 months – not to mention a rise of 7.96% 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 56.34, with the RSI for the last a single of trading hit 60.51, and the three-weeks RSI is set at 51.96 for StoneCo Ltd [STNE]. The present Moving Average for the last 50 days of trading for this stock 13.40, while it was recorded at 13.31 for the last single week of trading, and 14.88 for the last 200 days.

StoneCo Ltd [STNE]: Deeper insight into the 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.

Earnings analysis for StoneCo Ltd [STNE]

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%.

Insider trade positions for StoneCo Ltd [STNE]

The top three institutional holders of STNE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in STNE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in STNE stock with ownership which is approximately 5.1238%.

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