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StoneX Group (NASDAQ:SNEX) Posts Quarterly Earnings Results, Beats Estimates By $0.39 EPS

StoneX Group logo with Finance background

StoneX Group (NASDAQ:SNEX - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.39, Zacks reports. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%.

StoneX Group Price Performance

Shares of StoneX Group stock traded up $0.27 on Friday, hitting $120.64. 360,169 shares of the company traded hands, compared to its average volume of 182,185. StoneX Group has a 12-month low of $62.42 and a 12-month high of $120.69. The company has a current ratio of 1.77, a quick ratio of 1.30 and a debt-to-equity ratio of 1.33. The company has a market cap of $3.87 billion, a P/E ratio of 14.41 and a beta of 0.78. The firm's 50-day simple moving average is $103.42 and its 200 day simple moving average is $92.01.

Shares of StoneX Group are set to split before the market opens on Monday, March 24th. The 3-2 split was announced on Wednesday, February 5th. The newly created shares will be issued to shareholders after the closing bell on Friday, March 21st.

Insider Buying and Selling

In other StoneX Group news, Director John Moore Fowler sold 1,800 shares of StoneX Group stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total transaction of $180,252.00. Following the transaction, the director now directly owns 81,375 shares of the company's stock, valued at approximately $8,148,892.50. This trade represents a 2.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 11.70% of the stock is currently owned by corporate insiders.

StoneX Group Company Profile

(Get Free Report)

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.

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Earnings History for StoneX Group (NASDAQ:SNEX)

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