StoneX Group (SNEX) Set to Announce Earnings on Wednesday

StoneX Group (NASDAQ:SNEX) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $1.61 per share for the quarter.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.46. The firm had revenue of $784.20 million during the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, analysts expect StoneX Group to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

StoneX Group Price Performance

Shares of NASDAQ:SNEX traded up $0.63 during trading on Thursday, reaching $73.71. 1,993 shares of the company traded hands, compared to its average volume of 123,662. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. StoneX Group has a 52 week low of $49.62 and a 52 week high of $74.16. The firm has a market capitalization of $2.33 billion, a PE ratio of 10.19 and a beta of 0.85. The company’s 50 day moving average is $68.21 and its two-hundred day moving average is $66.70.

Insiders Place Their Bets

In other news, Director Scott J. Branch sold 7,500 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the transaction, the director now directly owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Scott J. Branch sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the transaction, the director now owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Charles M. Lyon sold 15,552 shares of the firm’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the transaction, the chief executive officer now directly owns 61,557 shares of the company’s stock, valued at approximately $4,007,976.27. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 56,348 shares of company stock valued at $3,769,436. 16.24% of the stock is currently owned by corporate insiders.

About StoneX Group

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.