StoneCo (NASDAQ:STNE - Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
StoneCo (NASDAQ:STNE - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.04). The business had revenue of $615.13 million for the quarter, compared to the consensus estimate of $590.74 million. StoneCo had a return on equity of 13.21% and a net margin of 15.27%. On average, analysts expect StoneCo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
StoneCo Price Performance
NASDAQ STNE traded down $0.31 during trading on Tuesday, reaching $11.03. 5,181,847 shares of the company traded hands, compared to its average volume of 5,089,409. The stock's 50 day moving average price is $11.60 and its two-hundred day moving average price is $13.01. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 8.89, a P/E/G ratio of 0.39 and a beta of 2.29. StoneCo has a 1-year low of $10.20 and a 1-year high of $19.46.
Analyst Upgrades and Downgrades
STNE has been the topic of several research analyst reports. Morgan Stanley reaffirmed an "underweight" rating and set a $7.00 price objective (down from $16.50) on shares of StoneCo in a research note on Thursday, September 5th. Cantor Fitzgerald upgraded shares of StoneCo to a "strong-buy" rating in a research report on Thursday, October 3rd. UBS Group lifted their price objective on StoneCo from $17.00 to $18.00 and gave the stock a "buy" rating in a research note on Thursday, August 29th. Finally, Barclays decreased their price objective on shares of StoneCo from $14.00 to $13.00 and set an "equal weight" rating for the company in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.70.
Read Our Latest Analysis on StoneCo
StoneCo Company Profile
(
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StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team.
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