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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
Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings estimates to sustain momentum. Group 1: Stock Performance - StoneX Group Inc. (SNEX) has shown a solid price increase of 12.4% over the past 12 weeks, indicating investor confidence in its potential upside [4] - Over the last four weeks, SNEX's price has increased by 6.6%, suggesting that the upward trend is still intact [5] - SNEX is currently trading at 82.1% of its 52-week high-low range, indicating a potential breakout [5] Group 2: Fundamental Strength - SNEX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SNEX that have the fundamental strength to maintain their upward trends [3] - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, encouraging investors to explore these options [8]
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
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3][4]. - StoneX Group Inc. (SNEX) is highlighted as a strong candidate for trend investing, having increased by 7.5% over the past 12 weeks, reflecting investor confidence [4]. - SNEX has also shown a price increase of 1.8% over the last four weeks, indicating that the upward trend is still intact [5]. Group 2: Fundamental Strength - SNEX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), suggesting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Market Insights - The article suggests that the price trend for SNEX is unlikely to reverse soon, and encourages investors to explore other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, aimed at outperforming the market [8].
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 ...
StoneX Group Inc. to Announce 2024 Fiscal Third Quarter Earnings on August 6, 2024
Newsfilter· 2024-07-31 19:00
Core Points - StoneX Group Inc. will release its fiscal 2024 third quarter results on August 6, 2024, after market close [1] - A conference call to discuss the results will take place on August 7, 2024, at 9:00 a.m. Eastern Time [1] - The company operates a global financial services network, connecting various market participants through digital platforms and execution services [3] Company Overview - StoneX Group Inc. is a Fortune 500 company headquartered in New York City and listed on the Nasdaq Global Select Market [3] - The company serves over 54,000 commercial, institutional, and global payments clients, along with more than 400,000 retail accounts [3] - StoneX has over 4,400 employees and operates from more than 40 offices across five continents [3]