NASDAQ:STNEStoneCo Stock Price, Forecast & News

StoneCo's stock was trading at $36.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, STNE shares have increased by 9.6% and is now trading at $39.84. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last year. There are currently 2 hold ratings and 7 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 Wednesday, August 12th 2020. View our earnings forecast for StoneCo.

StoneCo Ltd (NASDAQ:STNE) announced its quarterly earnings data on Tuesday, May, 26th. The company reported $0.58 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.43. The company had revenue of $161.87 million for the quarter, compared to analyst estimates of $137.53 million. StoneCo had a return on equity of 13.25% and a net margin of 28.63%. View StoneCo's earnings history.

9 analysts have issued 12 month price objectives for StoneCo's shares. Their forecasts range from $26.00 to $49.00. On average, they expect StoneCo's share price to reach $40.56 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View analysts' price targets for StoneCo.

News stories about STNE stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. StoneCo earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about StoneCo.

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

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

(STNE) raised $1 billion in an initial public offering (IPO) 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.

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

StoneCo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.07%), Envestnet Asset Management Inc. (0.02%), Paragon Advisors LLC (0.01%), HBW Advisory Services LLC (0.00%) and Old Port Advisors (0.00%).

STNE stock was sold by a variety of institutional investors in the last quarter, including HBW Advisory Services LLC.

STNE stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Envestnet Asset Management Inc., Paragon Advisors LLC, and Old Port Advisors.

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 $39.84.

StoneCo has a market capitalization of $11.05 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 5,938 workers across the globe.

The official website for StoneCo is 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]