StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) Director John Moore Fowler sold 1,575 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $75.41, for a total transaction of $118,770.75. Following the sale, the director directly owned 255,271 shares in the company, valued at approximately $19,249,986.11. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
StoneX Group Stock Performance
Shares of StoneX Group stock opened at $65.84 on Friday. The stock has a market cap of $7.94 billion, a PE ratio of 15.72 and a beta of 0.66. The business has a fifty day simple moving average of $79.50 and a 200-day simple moving average of $74.85. The company has a quick ratio of 1.33, a current ratio of 1.82 and a debt-to-equity ratio of 1.45. StoneX Group Inc. has a 12 month low of $36.45 and a 12 month high of $94.66.
StoneX Group (NASDAQ:SNEX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $718.00 million for the quarter, compared to the consensus estimate of $1.32 billion. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%. On average, sell-side analysts anticipate that StoneX Group Inc. will post 4 EPS for the current fiscal year.
Hedge Funds Weigh In On StoneX Group
Analyst Ratings Changes
A number of analysts have recently issued reports on SNEX shares. Wall Street Zen lowered shares of StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings lowered shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Jefferies Financial Group downgraded shares of StoneX Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $123.00 to $112.00 in a research report on Monday, July 20th. Finally, Zacks Research lowered shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.00.
Check Out Our Latest Stock Analysis on StoneX Group
About StoneX Group
StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.
StoneX operates through several core segments.
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