StoneX Group (NASDAQ:SNEX) Posts Quarterly Earnings Results, Beats Estimates By $0.39 EPS

StoneX Group (NASDAQ:SNEX) released its quarterly earnings results on Wednesday. The company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.39, Zacks reports. StoneX Group had a net margin of 0.26% and a return on equity of 16.66%.

StoneX Group Stock Up 4.9 %

Shares of StoneX Group stock traded up $5.52 during trading hours on Thursday, hitting $116.94. 51,504 shares of the company’s stock traded hands, compared to its average volume of 163,383. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. StoneX Group has a twelve month low of $61.68 and a twelve month high of $120.65. The stock has a 50 day simple moving average of $102.76 and a 200-day simple moving average of $91.47. The company has a market cap of $3.75 billion, a PE ratio of 14.76 and a beta of 0.78.

Shares of StoneX Group are scheduled to split before the market opens on Monday, March 24th. The 3-2 split was announced on Wednesday, February 5th. The newly issued shares will be distributed to shareholders after the market closes on Friday, March 21st.

Insider Activity

In related news, Director John Moore Fowler sold 1,800 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $100.14, for a total value of $180,252.00. Following the completion of the sale, the director now directly owns 81,375 shares of the company’s stock, valued at $8,148,892.50. The trade was a 2.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.70% of the company’s stock.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.