StoneMor Partners L.P. (STON) Stock: Here’s Why It’s Falling In Value

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StoneMor Partners L.P. (STON) is headed down in the market today. The company, focused on the service space, is currently priced at $3.52 after falling -7.94% so far today. In terms of service sector stocks, there are quite a few factors that have the ability to cause movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines surrounding STON:

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May-10-19 07:00AM StoneMor Partners L.P. Reports Operating and Financial Results for 2019 First Quarter
Apr-15-19 07:00AM StoneMor Partners L.P. Announces Garry P. Herdler as Chief Financial Officer
Apr-03-19 07:30AM StoneMor Partners L.P. Reports Operating and Financial Results For 2018 Fourth Quarter and Full Year
Feb-15-19 07:00AM StoneMor Partners L.P. Reports Financial Results for 2018 Third Quarter
Feb-12-19 07:00AM StoneMor Partners L.P. Reports Financial Results for 2018 Second Quarter

However, any time investors are making an investing decision, prospective investors should focus on far more than news, this is especially the case in the ever highly complex service space. Here’s what’s happening in regard to StoneMor Partners L.P..

How STON Has Been Trending

While a move down in a single session, like what we’re seeing from StoneMor Partners L.P. may lead to fear in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a company. It’s always smart to look at trends experienced by the stock further out than a single trading day. In the case of STON, here are the returns on investment that we have seen:

  • Past 5 Trading Sessions – In the last 5 trading sessions, STON has seen a price change that amounts to -6.13%.
  • Monthly – The monthly returns from StoneMor Partners L.P. works out to -10.20%.
  • Past 3 Months – In the last quarter, the stock has generated a return of 8.31%
  • Past 6 Months – In the previous six months, investors have seen a change that amounts to -25.58% from the stock.
  • YTD – Since the open of this year STON has resulted in a return of 67.62%.
  • Annually – Lastly, in the past year, we’ve seen a change amounting to -41.53% from STON. Throughout this period of time, the stock has sold at a high price of -43.59% and a low of 76.00%.

Notable Ratios

Looking at various key ratios associated with a company can give investors a view of just how dangerous and/or potentially profitable a an investment option might be. Here are a few of the important ratios to think about when looking at STON.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the price of the stock is going to go down. Throughout the sector, strong service stocks tend to come with a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, as it relates to StoneMor Partners L.P., the stock’s short ratio clocks in at 14.37.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure If a company is able to cover its debts when they come due based on current assets or quick assets. do have positive quick and current ratios. When it comes to STON, the quick and current ratios add up to 1.60 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price of the stock. In this particular case, the book to share value ratio is -0.07.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In terms of STON, the cash to share value comes to 0.45.

Is Big Money Interested In StoneMor Partners L.P.

One thing that I’ve come to understand so far in my brief time on Earth is that smart investors tend to follow big money investors. So, investors that want to keep the risk down will pay close attention to moves made by institutional investors as well as insiders. With that said, how does the big money flow when it comes to STON? Here’s the scoop:

  • Institutional Investors – As it stands now, institutions own 52.90% of the company. Nonetheless, it’s important to mention that institutional ownership has moved in the amount of -0.06% over the last 3 months.
  • Insider Holdings – with regard to insiders, insiders of the company currently own 0.90% of StoneMor Partners L.P.. Insider ownership of the company has moved 100.19% over the past 3 months.

Analyst Opinions With Regard To StoneMor Partners L.P.

While it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their opinions in order to validate your own thoughts when it comes to making investment decisions in the service industry. Below are the most recent moves that we’ve seen from analysts with regard to STON.

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Jan-30-18 Reiterated B. Riley FBR, Inc. Neutral $11 → $7
Jul-17-17 Downgrade Raymond James Outperform → Mkt Perform
Nov-10-16 Upgrade Raymond James Mkt Perform → Outperform
Nov-09-16 Reiterated Wunderlich Hold $15 → $11
Oct-28-16 Downgrade Wunderlich Buy → Hold $33 → $15

Financial Performance

What have ween seen from STON in terms of financial results?Here’s the information:

  • Analyst Expectations – Currently, analysts are expecting that StoneMor Partners L.P. will come up with earnings per diluted share in the amount of 0, with 0 to be announced in the earnings announcement for the current quarter. Although this is not earnings driven, because we’re talking about analysts, STON is presently graded as a 0 when rated on a scale from 1 to 5 on which 1 is the worst average analyst rating and 5 is the best.
  • 5-Year Sales – In the past half decade, StoneMor Partners L.P. has announced a change in revenue that works out to be 5.10%. EPS over the past half decade have experienced a change of -17.30%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is commonly explained in the world of humans, StoneMor Partners L.P. has generated a earnings change by 54.50%. The company has also seen a change in terms of revenue that amounts to -2.20%.

Looking At Share Counts

Investors tend to like to know the counts of shares both available and outstanding. As it relates to StoneMor Partners L.P., currently there are 40.31M with a float of 32.28M. These numbers mean that out of the total of 40.31M shares of STON that are out there today, 32.28M are available to be traded in the public space.

I also find it important to pay attention to the short float. After all, if a high percentage of the float available for trading is shorted, the overall feeling among traders is that the company is headed for a steep decline. As far as STON, the percentage of the float that is sold short is 1.75%. Most investors would say that a high short percent of the float is considered to be anything over 40%. Through my work, I’ve found that anything over 26% is likely a risky play.

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