This stock is trading at a relatively cheap valuation considering its growth prospects on the top and bottom lines. *Stock prices used were the afternoon prices of Nov. 16, 2024. The video was published on Nov. 18, 2024. ...

Core Viewpoint - StoneCo Ltd. reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and showing an increase from $0.27 per share a year ago, indicating a positive earnings surprise of 9.38% [1] Financial Performance - The company achieved revenues of $605.47 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.80%, although this represents a decline from year-ago revenues of $643.4 million [2] - Over the last four quarters, StoneCo has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - StoneCo shares have declined approximately 35.9% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $632.35 million, and for the current fiscal year, it is $1.21 on revenues of $2.42 billion [7] - The estimate revisions trend for StoneCo is currently favorable, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expectations of outperformance in the near future [6] Industry Context - The Internet - Software industry, to which StoneCo belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]

Exhibit 99.1 Unaudited Interim Condensed Consolidated Financial Statements StoneCo Ltd. September 30, 2024 with report on review of interim condensed consolidated financial information Index to Consolidated Financial Statements | Interim Condensed Consolidated Financial Statements | Page | | --- | --- | | Report on review of interim condensed consolidated financial information | F-3 | | Unaudited interim consolidated statement of financial position | F-4 | | Unaudited interim consolidated statement of profi ...

StoneCo Reports Third Quarter 2024 ResultsNovember 12, 2024 4:05 PM EST | Source: StoneCo Ltd.George Town, Grand Cayman--(Newsfile Corp. - November 12, 2024) - StoneCo Ltd. (NASDAQ: STNE) (B3: STOC31) ("Stone" or the "Company") today reported its financial results for the third quarter ended September 30, 2024, in an Earnings Release which is now posted to the company's Investor Relations website https://investors.stone.co/. Conference CallStone will discuss its 3Q24 financial results during a ...

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 ...