In-Depth Examination Of 7 Analyst Recommendations For StoneCo
Portfolio Pulse from Benzinga Insights
StoneCo (NASDAQ:STNE) has received mixed analyst ratings over the past three months, with 4 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target has increased to $17.71 from $14.57, with a high estimate of $21.00 and a low of $12.00. Analysts from firms including Goldman Sachs, Barclays, B of A Securities, UBS, and Cantor Fitzgerald have raised their price targets. StoneCo's financials show strong revenue growth and net margin, but below-average ROE and above-average ROA, with a low debt-to-equity ratio.
January 22, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts have raised their price targets for StoneCo, indicating a positive outlook on the company's financial performance and market position.
The increase in the average price target for StoneCo reflects a positive sentiment among analysts, which could lead to increased investor confidence and a potential short-term rise in the stock price. The company's strong revenue growth and net margin are likely contributing factors to the analysts' optimistic outlook, despite the below-average ROE. The low debt-to-equity ratio also suggests a stable financial structure, which may be appealing to investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100