Prepare Yourself for Liftoff: StoneCo Ltd (STNE)

With 6.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.82 million shares. The 52-week range on STNE shows that it touched its highest point at $17.02 and its lowest point at $7.72 during that stretch. It currently has a 1-year price target of $14.44. Beta for the stock currently stands at 1.98.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STNE was down-trending over the past week, with a drop of -0.58%, but this was up by 32.41% over a month. Three-month performance surged to 49.78% while six-month performance rose 21.78%. The stock lost -17.80% in the past year, while it has gained 73.27% so far this year. A look at the trailing 12-month EPS for STNE yields -0.85 with Next year EPS estimates of 1.73. For the next quarter, that number is 0.36. This implies an EPS growth rate of 11.41% for this year and 20.67% for next year.

Float and Shares Shorts:

At present, 269.09 million STNE shares are outstanding with a float of 225.83 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STNE since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.9187 being high and $6.7413 being low. For STNE, this leads to a yearly average estimate of $6.85956.