StoneCo Ltd (STNE) 20 Days SMA touches -0.53%: The odds favor the bear

On Friday, StoneCo Ltd (NASDAQ: STNE) opened lower -0.18% from the last session, before settling in for the closing price of $11.10. Price fluctuations for STNE have ranged from $9.85 to $19.46 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 41.14% over the last five years. Company’s average yearly earnings per share was noted 42.60% at the time writing. With a float of $256.16 million, this company’s outstanding shares have now reached $290.19 million.

The firm has a total of 17091 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.3%, operating margin of 3.88%, and the pretax margin is 19.67%.

StoneCo Ltd (STNE) Insider Activity

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of StoneCo Ltd is 16.38%, while institutional ownership is 65.00%.

StoneCo Ltd (STNE) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.27 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.23) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 42.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.00% during the next five years compared to 23.53% growth over the previous five years of trading.

StoneCo Ltd (NASDAQ: STNE) Trading Performance Indicators

Check out the current performance indicators for StoneCo Ltd (STNE). In the past quarter, the stock posted a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.16, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.43 in one year’s time.

Technical Analysis of StoneCo Ltd (STNE)

Analysing the last 5-days average volume posted by the [StoneCo Ltd, STNE], we can find that recorded value of 2.88 million was lower than the volume posted last year of 5.1 million. As of the previous 9 days, the stock’s Stochastic %D was 23.19%. Additionally, its Average True Range was 0.34.

During the past 100 days, StoneCo Ltd’s (STNE) raw stochastic average was set at 10.01%, which indicates a significant decrease from 30.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.65% in the past 14 days, which was lower than the 38.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.66, while its 200-day Moving Average is $14.26. Now, the first resistance to watch is $11.32. This is followed by the second major resistance level at $11.57. The third major resistance level sits at $11.73. If the price goes on to break the first support level at $10.92, it is likely to go to the next support level at $10.76. Should the price break the second support level, the third support level stands at $10.52.

StoneCo Ltd (NASDAQ: STNE) Key Stats

There are currently 308,936K shares outstanding in the company with a market cap of 3.30 billion. Presently, the company’s annual sales total 2,415 M according to its annual income of 318,890 K. Last quarter, the company’s sales amounted to 614,250 K and its income totaled 95,060 K.