Stonex Group Stock Today
| SNEX Stock | USD 73.62 2.07 2.89% |
Performance8 of 100
| Odds Of DistressLess than 6
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Stonex is trading at 73.62 as of the 1st of May 2024; that is 2.89 percent increase since the beginning of the trading day. The stock's open price was 71.55. Stonex has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Stonex Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 15th of November 1996 | Classification Financials |
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. StoneX Group Inc. was founded in 1924 and is headquartered in New York, New York. Stonex operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 31.55 M outstanding shares of which 194.51 K shares are at this time shorted by private and institutional investors with about 1.63 trading days to cover. More on Stonex Group
Stonex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Stonex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stonex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Sean OConnor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Investment Banking & Brokerage, Financial Services, SP Small-Cap 600, ARCA Securities Broker, NASDAQ Composite, NASDAQ Financial 100, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Stonex report their recommendations after researching Stonex's financial statements, talking to executives and customers, or listening in on Stonex's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Stonex Group. The Stonex consensus assessment is calculated by taking the average forecast from all of the analysts covering Stonex. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Stonex's financial statements, Stonex Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Stonex Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Stonex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Stonex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Stonex's financial leverage. It provides some insight into what part of Stonex's total assets is financed by creditors.
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Stonex Group (SNEX) is traded on NASDAQ Exchange in USA. It is located in 230 Park Avenue, New York, NY, United States, 10169 and employs 4,192 people. Stonex is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stonex's market, we take the total number of its shares issued and multiply it by Stonex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Stonex Group conducts business under Capital Markets sector and is part of Financials industry. The entity has 31.55 M outstanding shares of which 194.51 K shares are at this time shorted by private and institutional investors with about 1.63 trading days to cover.
Stonex Group currently holds about 10.47 B in cash with 160.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 516.54.
Check Stonex Probability Of Bankruptcy
Ownership AllocationStonex maintains a total of 31.55 Million outstanding shares. The majority of Stonex Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stonex to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stonex Group. Please pay attention to any change in the institutional holdings of Stonex Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Stonex Ownership Details
Stonex Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Stonex jumping above the current price in 90 days from now is near 1%. The Stonex Group probability density function shows the probability of Stonex stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Stonex Group has a beta of -0.2791. This usually implies as returns on the benchmark increase, returns on holding Stonex are expected to decrease at a much lower rate. During a bear market, however, Stonex Group is likely to outperform the market. Additionally, stonex Group has an alpha of 0.1534, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Stonex to move above the current price in 90 days from now is near 1 (This Stonex Group probability density function shows the probability of Stonex Stock to fall within a particular range of prices over 90 days) .
Stonex Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Stonex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stonex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Stonex's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 449.3 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 393.8 K | |
| Ameriprise Financial Inc | 2023-12-31 | 385.9 K | |
| American Century Companies Inc | 2023-12-31 | 356.3 K | |
| Northern Trust Corp | 2023-12-31 | 350.9 K | |
| Ashford Capital Management Inc | 2023-12-31 | 329.8 K | |
| Amvescap Plc. | 2023-12-31 | 305.1 K | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 286.6 K | |
| Assenagon Asset Management Sa | 2024-03-31 | 270.8 K | |
| Blackrock Inc | 2023-12-31 | 4.4 M | |
| Vanguard Group Inc | 2023-12-31 | 1.9 M |
Stonex Historical Income Statement
Stonex Group Income Statement is one of the three primary financial statements used for reporting Stonex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Stonex Group revenue and expense. Stonex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Stonex's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 454.9 M in 2024, whereas Non Operating Income Net Other is likely to drop slightly above 3.7 M in 2024. View More FundamentalsStonex Stock Against Markets
Picking the right benchmark for Stonex stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Stonex stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Stonex is critical whether you are bullish or bearish towards Stonex Group at a given time. Please also check how Stonex's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Stonex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Stonex Corporate Management
Elected by the shareholders, the Stonex's board of directors comprises two types of representatives: Stonex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Stonex. The board's role is to monitor Stonex's management team and ensure that shareholders' interests are well served. Stonex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Stonex's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Aaron Schroeder | Chief Officer | Profile | |
| Abigail Perkins | Chief Officer | Profile | |
| Glenn Stevens | Head Exchange | Profile | |
| Diego Rotsztain | Chief Officer | Profile | |
| William Dunaway | Chief Officer | Profile |
How to buy Stonex Stock?
Before investing in Stonex, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Stonex. To buy Stonex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Stonex. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Stonex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Stonex Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Stonex Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Stonex Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Stonex Stock please use our How to Invest in Stonex guide.
Already Invested in Stonex Group?
The danger of trading Stonex Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Stonex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Stonex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stonex Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Stonex Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stonex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stonex Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stonex Group Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Stonex Group information on this page should be used as a complementary analysis to other Stonex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Stonex Stock analysis
When running Stonex's price analysis, check to measure Stonex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stonex is operating at the current time. Most of Stonex's value examination focuses on studying past and present price action to predict the probability of Stonex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stonex's price. Additionally, you may evaluate how the addition of Stonex to your portfolios can decrease your overall portfolio volatility.
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Is Stonex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stonex. If investors know Stonex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stonex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 7.92 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 0.505 | Return On Assets 0.0107 |
The market value of Stonex Group is measured differently than its book value, which is the value of Stonex that is recorded on the company's balance sheet. Investors also form their own opinion of Stonex's value that differs from its market value or its book value, called intrinsic value, which is Stonex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stonex's market value can be influenced by many factors that don't directly affect Stonex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stonex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stonex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stonex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.