NASDAQ:STNE

StoneCo (STNE) Stock Forecast, Price & News

$10.67

+0.03 (+0.28%)

(As of 09/29/2023 ET)

Compare

Today's Range: $10.56
▼
$11.02
50-Day Range: $10.24
▼
$14.65
52-Week Range: $8.09
▼
$14.83

Volume: 3.41 million shs
Average Volume: 3.21 million shs
Market Capitalization: $3.33 billion

P/E Ratio: 21.78
Dividend Yield: N/A
Price Target: $16.25

StoneCo MarketRank™ Forecast

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 52.3% Upside
$16.25 Price Target
Short Interest: Bearish
5.22% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.74
Upright™ Environmental Score
News Sentiment: 0.96
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.68%
From $0.76 to $0.94 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.23 out of 5 stars

Computer And Technology Sector

17th out of 608 stocks

Data Processing & Preparation Industry

1st out of 60 stocks

4.2

Analyst's Opinion

Consensus Rating
StoneCo has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.25, StoneCo has a forecasted upside of 52.3% from its current price of $10.67.
Amount of Analyst Coverage
StoneCo has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
5.22% of the outstanding shares of StoneCo have been sold short.
Short Interest Ratio / Days to Cover
StoneCo has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in StoneCo has recently increased by 4.82%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
StoneCo does not currently pay a dividend.
Dividend Growth
StoneCo does not have a long track record of dividend growth.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
StoneCo has received a 44.10% net impact score from Upright. StoneCo seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Chip-card readers", "Card payment software", and "Money transfer software" products. See details.
Environmental Sustainability
The Environmental Impact score for StoneCo is -0.74.

2.8

News and Social Media Coverage

News Sentiment
StoneCo has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for StoneCo this week, compared to 4 articles on an average week.
Search Interest
Only 12 people have searched for STNE on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.
MarketBeat Follows
101 people have added StoneCo to their MarketBeat watchlist in the last 30 days. This is an increase of 742% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, StoneCo insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.25% of the stock of StoneCo is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
77.54% of the stock of StoneCo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for StoneCo are expected to grow by 23.68% in the coming year, from $0.76 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of StoneCo is 21.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of StoneCo is 21.78, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 242.90.
Price to Earnings Growth Ratio
StoneCo has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
StoneCo has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About StoneCo (NASDAQ:STNE) Stock

StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team. The company served approximately 2.6 million clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands.

STNE Price History

30 days | 90 days | 365 days | Advanced Chart

STNE Stock News Headlines

September 26, 2023 | americanbankingnews.com

StoneCo Ltd. (NASDAQ:STNE) Receives Consensus Rating of "Hold" from Analysts

September 22, 2023 | finance.yahoo.com

Here is What to Know Beyond Why StoneCo Ltd. (STNE) is a Trending Stock

October 1, 2023 | Goldco (Ad)

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September 22, 2023 | finance.yahoo.com

StoneCo Ltd. (STNE) Is Considered a Good Investment by Brokers: Is That True?

September 21, 2023 | seekingalpha.com

StoneCo: Heading In The Right Direction Amid Challenges

September 21, 2023 | seekingalpha.com

StoneCo: It's Time To Catch The Falling Knife (Rating Upgrade)

September 20, 2023 | finance.yahoo.com

Do Options Traders Know Something About StoneCo (STNE) Stock We Don't?

September 20, 2023 | finanznachrichten.de

StoneCo Ltd.: StoneCo Announces the Passing Away of Luiz André Barroso

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

September 19, 2023 | finance.yahoo.com

StoneCo Announces the Passing Away of Luiz André Barroso

September 11, 2023 | finance.yahoo.com

StoneCo Ltd. (STNE) Loses -15.52% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

September 7, 2023 | msn.com

1 Warren Buffett Stock Down 87% You'll Regret Not Buying on the Dip

September 6, 2023 | msn.com

Buy These 3 Cheap Tech Stocks for Growth

September 6, 2023 | finance.yahoo.com

Wall Street Analysts See StoneCo Ltd. (STNE) as a Buy: Should You Invest?

September 6, 2023 | seekingalpha.com

StoneCo: Stabilized, Not Expensive, And Growing

August 31, 2023 | nasdaq.com

StoneCo Ltd. Class A Common Shares (STNE)

August 31, 2023 | msn.com

StoneCo Ltd - (STNE) Price Target Increased by 7.76% to 15.86

August 31, 2023 | finance.yahoo.com

StoneCo Ltd. (STNE) is Attracting Investor Attention: Here is What You Should Know

August 22, 2023 | finance.yahoo.com

Should Investors Buy StoneCo Stock on the Dip?

August 21, 2023 | finance.yahoo.com

Should You Invest in StoneCo Ltd. (STNE) Based on Bullish Wall Street Views?

August 18, 2023 | nasdaq.com

Goldman Sachs Maintains StoneCo Ltd - (STNE) Neutral Recommendation

August 18, 2023 | nasdaq.com

Evercore ISI Group Maintains StoneCo Ltd - (STNE) Outperform Recommendation

August 17, 2023 | finance.yahoo.com

StoneCo (STNE) Q2 Earnings Beat Estimates, Revenues Rise

August 17, 2023 | finance.yahoo.com

StoneCo Informs Correction in the Number of Weighted Average Diluted Shares

August 17, 2023 | msn.com

StoneCo Stock (NASDAQ:STNE) Gained on Encouraging Q2 Results

August 17, 2023 | seekingalpha.com

StoneCo Earnings: Carving A Niche In Brazil's Fintech, Less Than 9x EPS (Rating Upgrade)

See More Headlines

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STNE Company Calendar

Last Earnings: 8/16/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/16/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:STNE
CUSIP: N/A
CIK: 1745431
Web: www.stone.co
Phone: (113) 004-9680
Fax: N/A
Employees: 15,485
Year Founded: 2012

Price Target and Rating

Average Stock Price Forecast: $16.25
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +52.3%
Consensus Rating: Hold
Rating Score (0-4): 2.45
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.49
Trailing P/E Ratio: 21.78
Forward P/E Ratio: 14.04
P/E Growth: 0.25
Net Income: $-100,610,000.00
Net Margins: 7.51%
Pretax Margin: 10.56%
Return on Equity: 6.66%
Return on Assets: 2.16%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 1.27
Quick Ratio: 1.27

Sales & Book Value

Annual Sales: $1.86 billion
Price / Sales: 1.80
Cash Flow: $0.75 per share
Price / Cash Flow: 14.32
Book Value: $8.03 per share
Price / Book: 1.33

Miscellaneous

Outstanding Shares: 312,530,000
Free Float: 277,371,000
Market Cap: $3.33 billion
Optionable: Not Optionable
Beta: 2.23

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Key Executives

Mr. Pedro Zinner (Age 49)
Chief Exec. Officer

Mr. Mateus Scherer Schwening
CFO & Investor Relations Officer

Mr. Marcus Fontoura (Age 50)
Chief Technology Officer

Mr. Joao Lourenco Vivan Bernartt (Age 43)
Chief Information Officer

Ms. Roberta Noronha (Age 50)
Head of Investor Relations

Ms. Tatiana Malamud (Age 53)
Chief Legal & Compliance Officer

Mr. Sandro de Oliveira Bassili (Age 53)
Chief People & Management Officer

Mr. Vinicius do Nascimento Carrasco (Age 46)
Chief Economist & Regulatory Affairs Exec. Officer

Ms. Lia Machado de Matos (Age 46)
Chief Strategy Officer

Mr. Caio Fiuza Silva (Age 46)
COO of Financial Platform Division

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

STNE Stock - Frequently Asked Questions

Should I buy or sell StoneCo stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STNE, but not buy additional shares or sell existing shares.
View STNE analyst ratings or view top-rated stocks.
What is StoneCo's stock price forecast for 2023?: 11 Wall Street research analysts have issued 12-month price targets for StoneCo's stock. Their STNE share price forecasts range from $11.00 to $22.00. On average, they expect the company's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price.
View analysts price targets for STNE or view top-rated stocks among Wall Street analysts.
How have STNE shares performed in 2023?: StoneCo's stock was trading at $9.44 on January 1st, 2023. Since then, STNE shares have increased by 13.0% and is now trading at $10.67.
View the best growth stocks for 2023 here.
When is StoneCo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our STNE earnings forecast.
How were StoneCo's earnings last quarter?: StoneCo Ltd. (NASDAQ:STNE) issued its quarterly earnings data on Wednesday, August, 16th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.86 by $0.08. The business earned $2.95 billion during the quarter, compared to the consensus estimate of $2.90 billion. StoneCo had a trailing twelve-month return on equity of 6.66% and a net margin of 7.51%. The business's quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.03 EPS.
What ETFs hold StoneCo's stock?: ETFs with the largest weight of StoneCo (NASDAQ:STNE) stock in their portfolio include ARK Fintech Innovation ETF (ARKF), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE), Amplify Emerging Markets FinTech ETF (EMFQ), First Trust Brazil AlphaDEX Fund (FBZ), Clough Long/Short Equity ETF (CBLS), Clough Select Equity ETF (CBSE) and FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ).
What guidance has StoneCo issued on next quarter's earnings?: StoneCo issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $591.94M-, compared to the consensus revenue estimate of $609.52 million.

What other stocks do shareholders of StoneCo own?: Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Block (SQ), PayPal (PYPL), Salesforce (CRM), Netflix (NFLX), Tesla (TSLA) and Micron Technology (MU).
When did StoneCo IPO?: (STNE) raised $1 billion in an initial public offering on Thursday, October 25th 2018. The company issued 47,700,000 shares at $21.00-$23.00 per share. Goldman Sachs, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Itaú BBA, Credit Suisse, Morgan Stanley, BofA Merrill Lynch and BTG Pactual were co-managers.
What is StoneCo's stock symbol?: StoneCo trades on the NASDAQ under the ticker symbol "STNE."
How do I buy shares of StoneCo?: Shares of STNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is StoneCo's stock price today?: One share of STNE stock can currently be purchased for approximately $10.67.
How much money does StoneCo make?: StoneCo (NASDAQ:STNE) has a market capitalization of $3.33 billion and generates $1.86 billion in revenue each year. The company earns $-100,610,000.00 in net income (profit) each year or $0.49 on an earnings per share basis.
How many employees does StoneCo have?: The company employs 15,485 workers across the globe.
How can I contact StoneCo?: StoneCo's mailing address is R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551. The official website for the company is www.stone.co. The company can be reached via phone at (113) 004-9680 or via email at investors@stone.com.

This page (NASDAQ:STNE) was last updated on 10/1/2023 by MarketBeat.com Staff

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