StoneCo (STNE) is slated to release third-quarter 2024 results on Nov. 12.The Zacks Consensus Estimate for earnings is pegged at 32 cents per share, unchanged over the past 30 days. The estimate indicates 18.52% growth from that reported in the year-ago quarter.The consensus mark for revenues is pegged at $594.78 million, suggesting a decline of 7.56% from the year-ago quarter’s reported figure.StoneCo has a mixed earnings surprise history. The company’s earnings lagged the Zacks Consensus Estimate in one o ...

Investors with an interest in Internet - Software stocks have likely encountered both StoneCo Ltd. (STNE) and Paycor HCM, Inc. (PYCR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while ou ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about StoneCo Ltd. (STNE) .StoneCo currently has an average brokerage r ...

Group 1: Company Performance - StoneCo Ltd. closed at $11.59, with a +1.13% change from the previous day, outperforming the S&P 500's gain of 0.27% [1] - Over the past month, shares of StoneCo have depreciated by 0.09%, underperforming the Computer and Technology sector's gain of 2.21% and the S&P 500's gain of 2% [1] - The upcoming earnings report on November 12, 2024, is expected to show earnings of $0.32 per share, reflecting an 18.52% year-over-year growth, while revenue is projected to be $594.78 million, a 7.56% decline from the same quarter last year [2] Group 2: Earnings Estimates - Full-year Zacks Consensus Estimates predict earnings of $1.21 per share and revenue of $2.42 billion, indicating year-over-year changes of +24.74% and +0.24%, respectively [3] - Recent estimate revisions are crucial as they often indicate changing business trends, with positive revisions reflecting analysts' confidence in the company's performance [4] Group 3: Valuation Metrics - StoneCo Ltd. has a Forward P/E ratio of 9.45, which is a discount compared to its industry's Forward P/E of 31.88 [7] - The company has a PEG ratio of 0.4, significantly lower than the Internet-Software industry's average PEG ratio of 2.1 [7] Group 4: Industry Context - The Internet-Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

StoneCo Ltd. (STNE) closed at $11.12 in the latest trading session, marking a +0.91% move from the prior day. This move outpaced the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%.Shares of the company have depreciated by 0.81% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76%.The investment community will be closely monitoring the pe ...

GEORGE TOWN, Grand Cayman, Oct. 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) ("Stone") today announces that it will release its third quarter 2024 financial results on Tuesday, November 12th, 2024, after the market closes. The Company will also host a conference call to discuss its results on the same day at 5:00pm ET (7:00pm BRT). The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by d ...

The latest trading session saw StoneCo Ltd. (STNE) ending at $11.17, denoting a -1.41% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.96%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 1.18%. Prior to today's trading, shares of the company had 0% over the past month. This has lagged the Computer and Technology sector's gain of 7.35% and the S&P 500's gain of 4.3% in that time. Market participants will be closely following the financial ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today! I initiated coverage of StoneCo Ltd. (NASDAQ: STNE ) on August 12, 2023 , when the stock was trading at $13.52 and since then, STNE has moved in a wide trading range, occasionally trying to move higher Daniel Sereda is chief investment analyst at a family office wh ...

GEORGETOWN, Cayman Islands, Sept. 20, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) ("Stone" or the "Company") today announced an additional board change to support the next stage of the Company's growth. Stone's Board has approved, effective immediately, the appointment of Antonio Silveira as a Board Member. Mr. Silveira is currently Chief Technology Officer ("CTO") at Attentive, company leader in AI-powered mobile marketing solutions. Mr. Silveira has over 15 years of experience in tech ...

PM Images My Thesis I began covering StoneCo Ltd. (NASDAQ:STNE) stock on Seeking Alpha on February 1, 2024, and have reiterated my "Buy" rating only once since then, on May 1 1, 2024. Unfortunately, despite the overall market's strength, STNE has declined, showing significant underperformance recently: Analysis Rating: | All Ratings Filtered By: STNE (2) × Analyst's Rating History on STNE 次 Out 23 Apr 24 M24 Why StoneCo Stock Still Remains The Ultimate Buy Before Q1 Earnings Release STNE · May 11, 2024 · 12 ...