StoneCo Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" StoneCo stock. 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.
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Wall Street analysts have given StoneCo a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but StoneCo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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StoneCo saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,420,000 shares, an increase of 21.9% from the August 15th total of 6,910,000 shares. Based on an average daily trading volume, of 3,060,000 shares, the days-to-cover ratio is presently 2.8 days.
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StoneCo is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
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StoneCo Ltd. (NASDAQ:STNE) issued its earnings results on Sunday, August, 29th. The company reported ($0.47) EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.62. The firm earned $613.40 million during the quarter, compared to the consensus estimate of $1.11 billion. StoneCo had a net margin of 36.49% and a trailing twelve-month return on equity of 8.19%. The company's quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.54 earnings per share.
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StoneCo's stock was trading at $36.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, STNE stock has increased by 10.5% and is now trading at $40.15.
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9 brokerages have issued 1-year target prices for StoneCo's shares. Their forecasts range from $53.00 to $100.00. On average, they anticipate StoneCo's share price to reach $73.89 in the next year. This suggests a possible upside of 84.0% from the stock's current price.
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Some companies that are related to StoneCo include Verisk Analytics (VRSK), Bilibili (BILI), RingCentral (RNG), GoodRx (GDRX), PagSeguro Digital (PAGS), Clarivate (CLVT), Zendesk (ZEN), Globant (GLOB), ironSource (IS), Five9 (FIVN), Playtika (PLTK), Pegasystems (PEGA), Proofpoint (PFPT), TELUS International (Cda) (TIXT) and DXC Technology (DXC).
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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), The Walt Disney (DIS), Advanced Micro Devices (AMD), Square (SQ), PayPal (PYPL), salesforce.com (CRM), Netflix (NFLX), Tesla (TSLA) and Micron Technology (MU).

(STNE) raised $1 billion in an initial public offering (IPO) 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 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 variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (10.42%), BlackRock Inc. (3.61%), Invesco Ltd. (2.93%), Lone Pine Capital LLC (2.87%), Tybourne Capital Management HK Ltd. (1.27%) and Truxt Investmentos Ltda. (1.14%).

STNE stock was sold by a variety of institutional investors in the last quarter, including Durable Capital Partners LP, Citadel Advisors LLC, Price T Rowe Associates Inc. MD, Wells Fargo & Company MN, First Trust Advisors LP, FMR LLC, Sharp Capital Gestora de Recursos Ltda., and Deutsche Bank AG.

STNE stock was acquired by a variety of institutional investors in the last quarter, including Lone Pine Capital LLC, Invesco Ltd., Atmos Capital Gestao DE Recursos LTDA., Nikko Asset Management Americas Inc., Laurion Capital Management LP, Credit Suisse AG, Castle Hook Partners LP, and Bamco Inc. NY.

Shares of STNE 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.
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One share of STNE stock can currently be purchased for approximately $40.15.

StoneCo has a market capitalization of $12.40 billion and generates $644.50 million in revenue each year. The company earns $165.69 million in net income (profit) each year or $0.57 on an earnings per share basis.

StoneCo employs 7,239 workers across the globe.

StoneCo was founded in 2012.

The official website for StoneCo is www.stone.co.

StoneCo is headquartered at R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551.

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 551130049680 or via email at [email protected].