Merrill Lynch analyst Merrill Lynch reiterated a Hold rating on Stoneco (NASDAQ:STNE) Ltd on Wednesday, setting a price target of $68, which is approximately 0.10% above the present share price of $67.93.
expects Stoneco Ltd to post earnings per share (EPS) of $0.87 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Stoneco, with an average price target of $63.2.
The analysts price targets range from a high of $74 to a low of $53.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $906.74 million and a net profit of $409.7 million. The company's market cap is $20.94 billion.
According to TipRanks.com, Merrill Lynch analyst Merrill Lynch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.0% and a 59.49% success rate.
StoneCo Ltd . engages in the provision of financial technology solutions. It caters to merchants and partners that conduct electronic commerce across in-store, online, and mobile channels. It offers cloud-based technology platform, electronic payments, and automation of business processes at the point-of-sale. The company was founded on March 11, 2014 and is headquartered in São Paulo, Brazil.