StoneCo Ltd. (NASDAQ:STNE) marked $9.48 per share on Tuesday, up from a previous closing price of $9.42. While StoneCo Ltd. has overperformed by 0.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, STNE fell by -83.82%, with highs and lows ranging from $60.25 to $6.81, whereas the simple moving average fell by -34.95% in the last 200 days.
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On April 08, 2022, Cantor Fitzgerald started tracking StoneCo Ltd. (NASDAQ: STNE) recommending Overweight. A report published by Citigroup on March 18, 2022, Upgraded its rating to ‘Buy’ for STNE. Evercore ISI also rated STNE shares as ‘In-line’, setting a target price of $14 on the company’s shares in an initiating report dated February 18, 2022. HSBC Securities January 31, 2022d the rating to Hold on January 31, 2022, and set its price target from $60 to $16. Goldman January 27, 2022d its ‘Buy’ rating to ‘Neutral’ for STNE, as published in its report on January 27, 2022. UBS’s report from January 04, 2022 suggests a price prediction of $21 for STNE shares, giving the stock a ‘Neutral’ rating. Credit Suisse also rated the stock as ‘Neutral’.
Analysis of StoneCo Ltd. (STNE)
Further, the quarter-over-quarter increase in sales is 221.50%, showing a positive trend in the upcoming months.
In order to gain a clear picture of StoneCo Ltd.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -9.30% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 8.54M can be a very valuable indicator of volatility for STNE stock. On a monthly basis, the volatility of the stock is set at 7.01%, whereas on a weekly basis, it is put at 6.45%, with a gain of 7.73% over the past seven days. Furthermore, long-term investors anticipate a median target price of $13.85, showing growth from the present price of $9.48, which can serve as yet another indication of whether STNE is worth investing in or should be passed over.
How Do You Analyze StoneCo Ltd. Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 12.74%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 67.30% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in STNE shares?
The recent increase in stakes in STNE appears to be a result of several institutional investors and hedge funds increasing their positions. Capital Research & Management Co’s position in STNE has decreased by -64.30% in the first quarter. The company now owns 13,262,194 shares of the stock, with a value of $102.12 million, following the sale of -23,888,852 additional shares during the last quarter. Berkshire Hathaway, Inc. made another decreased to its shares in STNE during the first quarter, downing its stake by 0.00%.
At the end of the first quarter, D. E. Shaw & Co. LP increased its STNE holdings by 260.58% and now holds 5.49 million STNE shares valued at $42.27 million with the added 3.97 million shares during the period. STNE shares are owned by institutional investors to the tune of 67.30% at present.