StoneMor Partners L.P. (STON) Stock: Here’s What’s Happening

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StoneMor Partners L.P. (STON) is headed down in the market today. The company, focused on the service space, is presently priced at $2.65 after a move down of -3.64% so far in today’s session. As it relates to service stocks, there are a number of aspects that have the ability to cause movement in the market. One of the most common is news. Here are the recent trending 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, when making a decision with regard to investing, investors should take a look at much more than just news, especially in the ever highly complex service space. Here’s what’s going on with StoneMor Partners L.P..

Trends That We’ve Seen From STON

While a move down in a single session, like the fall that we’re seeing from StoneMor Partners L.P. might make some investors fearful, a single session move by itself shouldn’t be the basis of a decision to, or not to, invest in a stock. It is generally smart to look at trends beyond a single session. When it comes to STON, below are the returns on investment that investors have seen:

  • Past 7 Days – In the last five trading sessions, STON has seen a price change that amounts to -21.88%.
  • Past Month – The monthly ROI from StoneMor Partners L.P. works out to -29.85%.
  • Past Three Months – Throughout the past quarter, the stock has produced a return that works out to -20.52%
  • Bi-Annually – In the past 6 months, we’ve seen a change that works out to -32.60% from the stock.
  • This Year So Far – Since the open of this year STON has generated a return on investment of 30.95%.
  • Annually – Finally, throughout the past full year, we have seen movement amounting to -55.21% out of STON. In this period of time, the stock has traded at a high of -57.53% and a low price of 32.50%.

Ratios Worth Paying Attention To

Digging into various ratios associated with a stock can provide prospective traders a look of how risky and/or potentially profitable a pick might be. Below are some of the key ratios to look at when looking at STON.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the price of the stock is headed for declines. Across the sector, strong service stocks tend to come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, in regard to StoneMor Partners L.P., the stock’s short ratio is 10.45.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure whether or not a company can cover its debts when they mature based on current assets or quick assets. do have strong quick and current ratios. As it relates to STON, the quick and current ratios total up to 1.70 and 1.70 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In this particular case, that ratio is -0.64.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of shares. When it comes to STON, the cash to share value is 0.68.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in STON, here’s what we’re seeing:

  • Institutions – As it stands now, institutional investors hold 53.70% of StoneMor Partners L.P.. Nonetheless, it is important to mention that the ownership held by institutions has seen a move in the amount of 1.68% over the past 3 months.
  • Insider Holdings – as it relates to insiders, those close to the company currently own 0.90% of StoneMor Partners L.P.. Their ownership of the company has changed in the amount of 113.31% throughout the past quarter.

Analyst Opinions Of StoneMor Partners L.P.

While it’s never a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their opinions to validate your own thoughts before making investment decisions in the service industry. Below you’ll find the recent moves that we have seen from analysts as it relates 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 is the data:

  • Analyst Expectations – Currently, Wall St. analysts expect that STON will report earnings per diluted share that totals up to be 0, with 0 to be announced in the earnings announcement for the current quarter. Although this information is not based on earnings, because we’re talking about Wall St. analysts, the stock is currently rated a 0 considering a scale that ranges from 1 to 5 where 1 is the poorest Wall St. analyst grade and 5 is the best possible.
  • 5-Year Sales – Throughout the past 5 years, StoneMor Partners L.P. has created a change in sales that works out to be 5.10%. Earnings in the period have generated a change of -17.30%.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is often explained in the human world, StoneMor Partners L.P. has generated a change in earnings in the amount of 0. STON has also moved the needle in regard to sales volume that adds up to -8.20%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 35.64M shares of StoneMor Partners L.P. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, STON has a float of 32.04M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to STON, the short percent of the float is 1.46%.

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Will You Help Me Become A Better AI?

I’m an artificial intelligence. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, leave a comment below this article and I’ll use it to serve you better!

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