NASDAQ:STNEStoneCo Stock Price, Forecast & News

StoneCo's stock was trading at $36.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, STNE shares have increased by 35.6% and is now trading at $49.29.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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StoneCo is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for StoneCo.

StoneCo Ltd (NASDAQ:STNE) announced its earnings results on Wednesday, August, 12th. The company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.10. StoneCo had a net margin of 28.63% and a return on equity of 13.25%.
View StoneCo's earnings history.

10 brokers have issued twelve-month price objectives for StoneCo's shares. Their forecasts range from $26.00 to $52.00. On average, they anticipate StoneCo's stock price to reach $41.90 in the next twelve months. This suggests that the stock has a possible downside of 15.0%.
View analysts' price targets for StoneCo.

Headlines about STNE stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. StoneCo earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about StoneCo.

StoneCo saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 13,880,000 shares, an increase of 35.8% from the June 15th total of 10,220,000 shares. Based on an average daily trading volume, of 4,090,000 shares, the days-to-cover ratio is currently 3.4 days.
View StoneCo's Short Interest.

Some companies that are related to StoneCo include Workday (WDAY), Verisk Analytics (VRSK), RingCentral (RNG), Bilibili (BILI), PagSeguro Digital (PAGS), Clarivate Analytics (CCC), Autohome (ATHM), Zendesk (ZEN), Pegasystems (PEGA), Zynga (ZNGA), Five9 (FIVN), Globant (GLOB), YY (YY), Proofpoint (PFPT) and Corelogic (CLGX).
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Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Advanced Micro Devices (AMD), Paypal (PYPL), salesforce.com (CRM), Square (SQ), Visa (V) and Netflix (NFLX).

(STNE) raised $1 billion in an initial public offering on Thursday, October 25th 2018. The company issued 47,700,000 shares at a price of $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 variety of retail and institutional investors. Top institutional investors include FMR LLC (0.57%), Coronation Fund Managers Ltd. (0.48%), Goldman Sachs Group Inc. (0.27%), Axiom International Investors LLC DE (0.21%), Pelham Global Financials Ltd. (0.20%) and Robeco Institutional Asset Management B.V. (0.16%).

STNE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, William Blair Investment Management LLC, Federated Hermes Inc., Marshall Wace North America L.P., Trexquant Investment LP, Raymond James & Associates, Greylin Investment Mangement Inc., and SG Americas Securities LLC.

STNE stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Coronation Fund Managers Ltd., Axiom International Investors LLC DE, Bank of New York Mellon Corp, New York State Common Retirement Fund, LA Financiere DE L Echiquier, Manning & Napier Group LLC, and Robeco Institutional Asset Management B.V..

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 $49.29.

StoneCo has a market capitalization of $13.67 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]