StoneX Group (SNEX) AI Stock Analysis

• Market Cap: $4.18B
• Dividend Yield: N/A
• Average Volume (3M): 378.86K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.86
• Revenue Growth: 53.19%
• EPS Growth: 23.89%
• Country: US
• Employees: 4,709
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 1.22
• Shares Outstanding: 49,088,287
• 10 Day Avg. Volume: 434,619
• 30 Day Avg. Volume: 378,860
• PEG Ratio: 1.37
• Price to Book (P/B): 1.46
• Price to Sales (P/S): 0.03
• P/FCF Ratio: 5.66
• Enterprise Value/Market Cap: 4.24
• Enterprise Value/Revenue: 0.14
• Enterprise Value/Gross Profit: 7.70
• Enterprise Value/Ebitda: 9.49
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: $97.00 ▼(-3.78% Downside)

StoneX Group's overall stock score reflects moderate financial performance with strong gross profit margins but challenges in cash flow and leverage. Technical indicators suggest a bearish trend, while valuation remains reasonable. The earnings call highlighted both growth opportunities and challenges, contributing to a balanced outlook.

Positive Factors

Institutional Segment Growth

Strong growth in the Institutional segment indicates robust demand and effective market positioning, enhancing long-term revenue potential.

Strategic Acquisitions

Acquisitions of RJO and Benchmark strengthen market leadership in global derivatives, promising future earnings growth and operational synergies.

Custody and Clearing Expansion

Expansion in custody and clearing enhances StoneX's service offerings and client base, supporting sustained revenue growth and market presence.

Negative Factors

High Leverage

High leverage increases financial risk, potentially impacting cash flow and limiting strategic flexibility, posing long-term stability concerns.

Cash Flow Challenges

Negative free cash flow growth highlights cash generation issues, which could constrain investments and operational flexibility over time.

Commercial Segment Decline

Decline in the Commercial segment suggests challenges in maintaining revenue streams from physical contracts, impacting overall growth potential.

StoneX Group Business Overview & Revenue Model

Company Description

StoneX Group Inc. is a global financial services firm that provides a wide range of financial solutions for commercial clients, institutional investors, and retail customers. Operating primarily in the sectors of commodities, foreign exchange, and risk management, StoneX offers services such as market access, trade execution, clearing, and advisory services. The company focuses on enhancing the financial outcomes for its clients through innovative technology and personalized service.

How the Company Makes Money

StoneX Group generates revenue through multiple streams, primarily by providing trade execution and clearing services for various financial instruments, including commodities and foreign exchange. The company earns fees and commissions on the transactions it facilitates, which can include both spot and derivative products. Additionally, StoneX derives income from advisory services, where it offers customized solutions to its clients based on market conditions. Significant partnerships with financial institutions and technology providers enhance its market reach and operational efficiency, further contributing to its earnings.

StoneX Group Financial Statement Overview

Summary

StoneX Group demonstrates moderate revenue growth and a strong gross profit margin, but faces challenges with low net profit margins and high leverage. The negative free cash flow growth and low operating cash flow coverage highlight potential cash flow issues. While the company shows some profitability, managing debt levels and improving cash flow generation will be crucial for future stability.

Income Statement

StoneX Group shows a moderate revenue growth rate of 6.31% TTM, indicating a positive trend in sales. However, the net profit margin is quite low at 0.23%, suggesting challenges in converting revenue into profit. The gross profit margin of 48.39% is strong, but the EBIT and EBITDA margins are relatively low at 1.37% and 1.44%, respectively, indicating potential inefficiencies in operations.

Balance Sheet

The company has a high debt-to-equity ratio of 8.34, which could pose financial risk if not managed properly. Return on equity is reasonable at 16.16%, showing decent profitability relative to shareholder equity. However, the high leverage could impact financial stability in the long term.

Cash Flow

Free cash flow growth is negative at -187.93% TTM, indicating potential cash flow challenges. The operating cash flow to net income ratio is low at 0.036, suggesting limited cash generation from operations relative to net income. However, the free cash flow to net income ratio is relatively strong at 0.94, indicating good cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	130.79B	99.89B	60.86B	66.04B	42.53B	54.14B
Gross Profit	2.30B	2.01B	1.61B	861.30M	561.80M	451.90M
EBITDA	1.87B	1.61B	1.25B	517.70M	293.70M	340.30M
Net Income	296.90M	260.80M	238.50M	207.10M	116.30M	169.60M
Balance Sheet
Total Assets	34.27B	27.47B	21.94B	19.86B	18.84B	13.47B
Cash, Cash Equivalents and Short-Term Investments	1.31B	1.27B	1.11B	1.11B	1.11B	952.60M
Total Debt	16.51B	11.32B	6.48B	5.35B	7.40B	118.70M
Total Liabilities	32.29B	25.76B	20.56B	18.79B	17.94B	12.71B
Stockholders Equity	1.98B	1.71B	1.38B	1.07B	904.00M	767.50M
Cash Flow
Free Cash Flow	989.90M	441.70M	-70.60M	-279.00M	2.06B	1.93B
Operating Cash Flow	1.05B	506.90M	-23.70M	-229.50M	2.12B	1.95B
Investing Cash Flow	-77.60M	-63.70M	-53.00M	-49.50M	-59.80M	-241.60M
Financing Cash Flow	109.90M	188.00M	-169.30M	65.80M	-35.60M	312.30M

StoneX Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 100.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNEX, the sentiment is Negative. The current price of 100.81 is above the 20-day moving average (MA) of 95.65, above the 50-day MA of 97.33, and above the 200-day MA of 88.02, indicating a bearish trend. The MACD of -3.19 indicates Positive momentum. The RSI at 29.25 is Positive, neither overbought nor oversold. The STOCH value of 8.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SNEX.

StoneX Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VIRT	77 Outperform	$5.31B	7.52	29.43%	2.75%	27.66%	131.25%
PIPR	71 Outperform	$5.77B	24.59	19.30%	1.77%	12.77%	36.43%
MC	71 Outperform	$5.00B	20.80	51.98%	3.82%	51.19%	456.59%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
LAZ	64 Neutral	$4.60B	19.23	36.41%	4.04%	1.58%	1.93%
PJT	61 Neutral	$5.69B	25.15	―	0.61%	23.16%	64.04%
SNEX	58 Neutral	$4.18B	14.49	16.01%	―	53.19%	23.89%

StoneX Group Corporate Events

StoneX Group Files Prospectus for Stock Resale

On August 29, 2025, StoneX Group Inc. filed a prospectus supplement for the resale of up to 3,085,554 shares of its common stock by selling stockholders. The company will not receive any proceeds from this sale, which is part of a shelf registration under the Securities Act of 1933.

The most recent analyst rating on (SNEX) stock is a Hold with a $99.00 price target. To see the full list of analyst forecasts on StoneX Group stock, see the SNEX Stock Forecast page.

StoneX Group Announces New Stock Repurchase Plan

On August 13, 2025, StoneX Group Inc.’s Board of Directors approved a new stock repurchase plan for fiscal year 2026, allowing the company to buy back up to 2.25 million shares of its common stock from October 1, 2025, to September 30, 2026. This move follows the expiration of the previous repurchase authorization on September 30, 2025, which allowed for the repurchase of up to 1.5 million shares, indicating a strategic effort to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (SNEX) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on StoneX Group stock, see the SNEX Stock Forecast page.

StoneX Group Inc. Earnings Call Highlights Growth and Challenges

The recent earnings call for StoneX Group Inc. presented a mixed sentiment, highlighting both robust growth and notable challenges. The company demonstrated strong performance in its institutional and self-directed retail segments, bolstered by strategic acquisitions of R.J. O’Brien and Benchmark. However, the commercial segment faced difficulties, with decreased interest and fee income attributed to tariff uncertainties. Despite these challenges, the overall outlook remains positive due to the strategic moves and segment performances.

StoneX Group Inc. Reports Steady Q3 Growth

StoneX Group Inc., a Fortune-500 company headquartered in New York City, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a blend of digital platforms, clearing and execution services, and deep expertise. The company serves over 54,000 commercial, institutional, and payments clients, and more than 400,000 retail accounts from more than 80 offices across six continents.

StoneX Group Completes Acquisition of R.J. O’Brien

On July 31, 2025, StoneX Group Inc. announced the completion of its acquisition of R.J. O’Brien, the oldest independent futures brokerage in the U.S. This acquisition positions StoneX as the largest non-bank Futures Commission Merchant in the U.S. and enhances its global derivatives capabilities. The merger is expected to bring significant revenue synergies, cost savings, and capital synergies, while expanding StoneX’s client float by nearly $6 billion. The integration aims to strengthen StoneX’s role in the global financial infrastructure and deliver enhanced services and reach to clients.

The most recent analyst rating on (SNEX) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on StoneX Group stock, see the SNEX Stock Forecast page.