StoneX(SNEX)
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StoneX: Operational Leverage Can Boost Earnings
Seeking Alpha· 2024-09-17 15:25
I first covered StoneX (NASDAQ: SNEX ) in May 2024, claiming it was a long-term compounding machine with solid growth potential and above-average returns on equity. I noted that the business was both welldiversified and resilient to Amateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and high ...
Is StoneX Group (SNEX) Stock Undervalued Right Now?
ZACKS· 2024-09-13 14:46
Core Insights - The focus is on the Zacks Rank system, which emphasizes earnings estimates and revisions to identify strong stocks, with value investing being a preferred method in various market conditions [1][2] Company Analysis: StoneX Group (SNEX) - StoneX Group holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is a high-quality value stock [3] - The Forward P/E ratio for SNEX is 10.51, significantly lower than the industry average of 13.65, with historical values ranging from 8.32 to 11.33 over the past year [3] - The P/B ratio for SNEX is 1.53, compared to the industry average of 2.46, with a historical range of 1.31 to 1.67 [4] - SNEX has a P/CF ratio of 7.08, which is attractive against the industry average of 13.65, with historical values between 5.34 and 7.59 [5] - These valuation metrics suggest that SNEX is likely undervalued, supported by a strong earnings outlook [6]
StoneX Group (SNEX) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-09-04 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Is StoneX Group (SNEX) a Great Value Stock Right Now?
ZACKS· 2024-08-28 14:41
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
Recent Price Trend in StoneX Group (SNEX) is Your Friend, Here's Why
ZACKS· 2024-08-19 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...
Should Value Investors Buy StoneX Group (SNEX) Stock?
ZACKS· 2024-08-12 14:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights StoneX Group (SNEX) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [2][3][6]. Group 1: Value Investing Strategy - Value investing is a popular strategy that utilizes fundamental analysis to identify stocks perceived as undervalued by the market [2]. - The Zacks Rank and Style Scores system are tools that can help investors find stocks with specific traits, particularly in the "Value" category [3]. Group 2: StoneX Group (SNEX) Valuation Metrics - StoneX Group currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is among the best value stocks available [3]. - SNEX has a Price-to-Book (P/B) ratio of 1.58, which is lower than the industry average of 2.15, suggesting it is undervalued [4]. - The P/B ratio for SNEX has fluctuated between 1.31 and 1.71 over the past 12 months, with a median of 1.46 [4]. - The Price-to-Cash Flow (P/CF) ratio for SNEX is 7.03, significantly lower than the industry average of 12.73, indicating potential undervaluation based on cash flow strength [5]. - Over the past year, SNEX's P/CF has ranged from 5.34 to 7.63, with a median of 6.33 [5]. Group 3: Earnings Outlook - The combination of SNEX's strong valuation metrics and positive earnings outlook positions it as an impressive value stock at the moment [6].
StoneX(SNEX) - 2024 Q3 - Earnings Call Presentation
2024-08-10 02:19
| --- | --- | |---------------------------------------------|-------| | | | | StoneX® | | | 100 years - Earnings Call: 3rd Quarter 2024 | | | StoneX Group Inc. | | | August 7th, 2024 | | StoneX® - 100 vears - Disclaimer The Storest Group of companies provides (financial services worldwitte, including physical commodilies, securities, securities, securities, risk management, gidalı puppent foreign everythough its substitions, in rocordinates, in rocordiations with opplicable law in the jurisdations whee sen ...
StoneX Group Inc. (SNEX) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-06 23:22
StoneX Group Inc. (SNEX) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $2.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.30%. A quarter ago, it was expected that this company would post earnings of $1.61 per share when it actually produced earnings of $1.66, delivering a surprise of 3.11%. Over the last four quarters, the compan ...
Gold faces near-term pressure but bullish outlook, silver has more suffering in store – StoneX's O'Connell
KITCO· 2024-08-06 20:30
t 11 03 i V 011.0 107p ant and and the seat the seat the seat the seat the seat the seat the seat the seat and the seat a 996 ty Bo 47 00 1 197 D 11 11 90 01910 .77 FiNE s 2017 12, 1 9 24 0 % 47 the State 4 9 11 Ernest Hoffman Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP Ne ...
StoneX Group Inc. Reports Fiscal 2024 Third Quarter Financial Results
GlobeNewswire News Room· 2024-08-06 20:15
Quarterly Operating Revenues of $913.7 million, up 18% Record Net Operating Revenues of $468.5 million, up 7% Quarterly Net Income of $61.9 million, ROE of 15.7% Quarterly Diluted EPS of $1.88 per share, down 13% NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the "Company"; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and executio ...