NASDAQ:STNE - StoneCo Stock Price, Forecast & News

StoneCo's stock was trading at $36.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STNE shares have decreased by 32.7% and is now trading at $24.44. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for StoneCo.

StoneCo is scheduled to release its next quarterly earnings announcement on Monday, May 11th 2020. View our earnings forecast for StoneCo.

StoneCo Ltd (NASDAQ:STNE) posted its quarterly earnings results on Thursday, November, 21st. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.01. The firm had revenue of $169.33 million for the quarter, compared to analyst estimates of $131.41 million. StoneCo had a net margin of 31.21% and a return on equity of 14.12%. View StoneCo's earnings history.

11 brokerages have issued 12-month price objectives for StoneCo's stock. Their forecasts range from $26.00 to $49.00. On average, they anticipate StoneCo's stock price to reach $41.60 in the next year. This suggests a possible upside of 70.2% from the stock's current price. View analysts' price targets for StoneCo.

News articles about STNE stock have trended somewhat positive this week, InfoTrie reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. StoneCo earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutStoneCo.

StoneCo saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 10,295,500 shares, a decrease of 16.8% from the February 27th total of 12,380,000 shares. Based on an average daily trading volume, of 3,638,800 shares, the short-interest ratio is currently 2.8 days. Currently, 11.8% of the shares of the company are short sold. View StoneCo's Current Options Chain.

Some companies that are related to StoneCo include Verisk Analytics (VRSK), RingCentral (RNG), Autohome (ATHM), Zendesk (ZEN), Clarivate Analytics (CCC), PagSeguro Digital (PAGS), Bilibili (BILI), Zynga (ZNGA), Pegasystems (PEGA), Proofpoint (PFPT), Five9 (FIVN), YY (YY), DXC Technology (DXC), Globant (GLOB) and Corelogic (CLGX).

Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCo investors own include Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), salesforce.com (CRM), Micron Technology (MU), Advanced Micro Devices (AMD), Paypal (PYPL), Visa (V), Portola Pharmaceuticals (PTLA) and QUALCOMM (QCOM).

(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 served as the underwriters for the IPO and Itaú BBA, Credit Suisse, Morgan Stanley, BofA Merrill Lynch and BTG Pactual were co-managers.

StoneCo trades on the NASDAQ under the ticker symbol "STNE."

StoneCo's stock is owned by a number of institutional and retail investors. Top institutional investors include Capital Research Global Investors (5.64%), Maverick Capital Ltd. (1.53%), FMR LLC (0.63%), Samlyn Capital LLC (0.55%), Nucleo Capital LTDA. (0.54%) and Cartica Management LLC (0.41%).

STNE stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Cartica Management LLC, Castle Hook Partners LP, Echo Street Capital Management LLC, Advent International Corp MA, Pelham Global Financials Ltd., AXA, and Credit Suisse AG.

STNE stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Maverick Capital Ltd., FMR LLC, Nucleo Capital LTDA., 1832 Asset Management L.P., Point72 Asset Management L.P., Dynamo Internacional Gestao DE Recursos LTDA., and Dynamo Administracao de Recursos Ltda..

Shares of STNE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of STNE stock can currently be purchased for approximately $24.44.

StoneCo has a market capitalization of $6.77 billion and generates $626.01 million in revenue each year. The company earns $203.54 million in net income (profit) each year or $0.70 on an earnings per share basis. StoneCo employs 3,574 workers across the globe. View additional information about StoneCo.

The official website for StoneCo is http://www.stone.co/.

StoneCo's mailing address is R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551. The company can be reached via phone at 55-11-3004-9680 or via email at [email protected]