GEORGE TOWN, Cayman Islands, July 30, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or the "Company") announces the release of its 2023 Sustainability Report, prepared based on indicators of the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). The Company also started reporting climate information according to the recommendations from the Task Force on Climate Related Financial Disclosures (TCFD). Click here to access the document. Abou ...

Core Viewpoint - StoneCo Ltd. is showing positive stock performance and is expected to report strong earnings growth in the upcoming earnings report, despite a slight decline in revenue projections compared to the previous year [1][3]. Company Performance - StoneCo Ltd. closed at $13.58, reflecting a +1.12% increase, outperforming the S&P 500, which fell by 0.16% [1]. - Over the past month, shares of StoneCo Ltd. have gained 13.72%, significantly surpassing the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96% [8]. Earnings Forecast - The company is scheduled to release its earnings on August 14, 2024, with a forecasted EPS of $0.34, indicating a 78.95% increase from the same quarter last year [3]. - The Zacks Consensus Estimates for the full year project earnings of $1.46 per share and revenue of $2.44 billion, representing changes of +50.52% and +0.77%, respectively, from the prior year [9]. Analyst Projections - Recent shifts in analyst projections for StoneCo Ltd. are crucial, as positive changes indicate optimism regarding the company's business and profitability [2]. - The Zacks Consensus EPS estimate has increased by 2.33% over the past month, and StoneCo Ltd. currently holds a Zacks Rank of 2 (Buy) [10]. Valuation Metrics - StoneCo Ltd. is currently trading at a Forward P/E ratio of 9.18, which is a discount compared to the industry's average Forward P/E of 30.41 [5]. - The company has a PEG ratio of 0.35, significantly lower than the average PEG ratio of 1.78 for the Internet - Software industry [11]. Industry Context - The Internet - Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [6].

The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock's market value/price to its book value. P/B ratio = market price per share/book value of equity per share The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM) , Park Hotels & Resorts (PK) , StoneCo (STNE) , EnerSys (ENS) and PayPal (PYPL) are some such stocks. What is Book Value? It is calculat ...

GEORGE TOWN, Grand Cayman, July 17, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) ("Stone") today announces that it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, August 14th, 2024 at 5:00pm ET (6:00pm BRT). A press release with second quarter 2024 financial results will be issued after the market closes that same day. About Stone Investor Relations investors@stone.co The Company also hereby informs that it will initiate its Quiet Period rel ...

The conference call can be accessed live over the Zoom webinar (ID: 854 5992 8852| Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Callers from Brazil can dial +55 21 3958 7888. Callers from the UK can dial +44 330 088 5830. The call will also be webcast live and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Stone's investor relations website at https://investors. ...

Investors looking for stocks in the Internet - Software sector might want to consider either StoneCo Ltd. (STNE) or Enfusion, Inc. (ENFN) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. StoneCo Ltd. has a Zacks Rank of #2 (Buy), while Enfusion, Inc. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that STNE has ...

Company Performance - StoneCo Ltd. closed at $13.41, reflecting a -0.45% change from the previous day, underperforming compared to the S&P 500's 0.28% gain [1] - The company is expected to report an EPS of $0.35, indicating an 84.21% growth year-over-year, with revenue forecasted at $617.71 million, showing a 3.46% increase from the same quarter last year [2] - Over the past month, StoneCo's shares have appreciated by 10.96%, outperforming the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78% [7] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for StoneCo reflect positive short-term business trends, with a 3.96% rise in the Zacks Consensus EPS estimate over the past month [3][4] - The company has a PEG ratio of 0.34, significantly lower than the Internet - Software industry's average PEG ratio of 1.74, suggesting it may be undervalued [5] - StoneCo is currently trading at a Forward P/E ratio of 9.06, compared to the industry average of 29.77, indicating a potential discount [10] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [11] - The Zacks Rank system has a history of outperforming, with 1 stocks returning an average annual gain of +25% since 1988 [4]

GEORGE TOWN, Grand Cayman, July 1, 2024 /PRNewswire/ -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) ("StoneCo" or the "Company") announces that it has commenced today a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.950% senior notes due 2028 (the "Notes"). Initially, the Notes are fully, unconditionally and irrevocably guaranteed by Stone Instituição de Pagamento S.A., MNLT S.A. and Pagar.me Instituição de Pagamento S.A. __________________ The following table summarizes the ...

The company's stock has dropped by 13.1% in the past month, falling short of the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53%. Any recent changes to analyst estimates for StoneCo Ltd. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. From a valuation perspe ...

I t t Lyndon Stratford 0 1 1 1 1 Investment Thesis: StoneCo (NASDAQ:STNE) is a Brazilian fintech company which provides solutions for MSMB's through the form of payments, software, and banking solutions. Stone has had a volatile few years with a meteoric rise after covid to a high of $90 a share, which was then met with a sharp collapse to a low of $9 a share after the mishandling of their credit segment and major losses with their investment in BancoIntern. As a result of the stock's collapse, the company ...