StoneX Shares Soar 3.21% on Acquisition, Earnings Beat

StoneX(SNEX) shares fell 6.73% today, reaching their highest level since March 2025, with an intraday gain of 3.21%.

The strategy of buying StoneX (SNEX) shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 9.23%, with a total profit of 56.52%. This indicates that while the strategy captured some of the subsequent gains, it was partially offset by the volatility associated with holding the stock for such a short duration.

StoneX Group Inc. has recently been in the spotlight due to several significant developments that have influenced its stock price. On May 8, 2025, the company announced the acquisition of R.J. O'Brien for $900 million, anticipating substantial synergies from this strategic move. This acquisition is expected to enhance StoneX's market position and operational efficiency, potentially driving long-term growth.

In addition to the acquisition, StoneX reported strong financial performance for the fiscal 2025 second quarter. The company's revenue reached $766 million, with EBITDA approximately $170 million for calendar 2024. These figures highlight StoneX's robust financial health and its ability to generate substantial earnings. The company also surpassed earnings expectations, reporting quarterly earnings of $1.41 per share, which exceeded the Zacks Consensus Estimate of $1.32 per share. This positive earnings surprise contributed to a 2.14% rise in StoneX's share price, marking a two-day winning streak.

StoneX's revenue growth in the second quarter was particularly impressive, increasing to $36.89 million compared to $22.11 million in the same quarter last year. This significant increase in revenue underscores the company's strong market performance and its ability to capitalize on growth opportunities. Overall, these factors have contributed to StoneX's strong stock performance, reflecting investor confidence in the company's strategic initiatives and financial strength.