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. Since then, STNE shares have decreased by 0.6% and is now trading at $36.12. View which stocks have been most impacted by Coronavirus.

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

StoneCo Ltd (NASDAQ:STNE) posted its quarterly earnings data on Tuesday, May, 26th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.43. The business earned $161.87 million during the quarter, compared to analysts' expectations 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.

10 brokers have issued 1-year price objectives for StoneCo's shares. Their forecasts range from $26.00 to $49.00. On average, they expect StoneCo's stock price to reach $40.20 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for StoneCo.

Media headlines about STNE stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news 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 positive five, with scores closest to five being the most favorable. StoneCo earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutStoneCo.

Some companies that are related to StoneCo include Verisk Analytics (VRSK), RingCentral (RNG), PagSeguro Digital (PAGS), Bilibili (BILI), Autohome (ATHM), Zendesk (ZEN), Zynga (ZNGA), Clarivate Analytics (CCC), Pegasystems (PEGA), Proofpoint (PFPT), Five9 (FIVN), YY (YY), Globant (GLOB), DXC Technology (DXC) and Corelogic (CLGX). 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 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 Capital Research Global Investors (7.72%), Invesco Ltd. (3.13%), Maverick Capital Ltd. (1.14%), Wellington Management Group LLP (0.88%), Clearbridge Investments LLC (0.84%) and 1832 Asset Management L.P. (0.72%).

STNE stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Castle Hook Partners LP, Nucleo Capital LTDA., Wellington Management Group LLP, The Manufacturers Life Insurance Company , Morgan Stanley, Morgan Stanley, and Pelham Global Financials Ltd..

STNE stock was acquired by a variety of institutional investors in the last quarter, including Capital Research Global Investors, 1832 Asset Management L.P., Driehaus Capital Management LLC, BlackRock Inc., Lord Abbett & CO. LLC, Coronation Fund Managers Ltd., Jupiter Asset Management Ltd., and JGP Global Gestao 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 $36.12.

StoneCo has a market capitalization of $10.02 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]