StoneCo Ltd. (STNE) closed the latest trading day at $17.26, indicating a -0.63% change from the previous session's end. This change lagged the S&P 500's 0.17% loss on the day. Elsewhere, the Dow saw a downswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.55%.Prior to today's trading, shares of the company had lost 2.47% over the past month. This has lagged the Computer and Technology sector's gain of 2.65% and the S&P 500's gain of 3.98% in that time.Investors will be eagerly watching for the pe ...

StoneCo Ltd. (STNE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...

Warren Buffett fans eagerly anticipate Berkshire Hathaway's quarterly 13F filings, which tell investors what stocks the holding company bought and sold over a three-month period. The 2023 fourth-quarter filing was released last week, and it showed that Berkshire Hathaway sold out of four positions -- Markel, Global Life, D.R. Horton, and StoneCo (STNE 2.00%).Berkshire invested in StoneCo's initial public offering (IPO) in 2018, and it's down 48% since then. Did Buffett and his team give up on it? And what s ...

Under the leadership of CEO Warren Buffett, Berkshire Hathaway has delivered market-crushing returns for decades. So investors take notice when Berkshire takes a stake in a company. And the same applies when it eliminates a stock from its portfolio.One stock it recently eliminated in the fourth quarter was the Brazilian fintech StoneCo (STNE 2.00%). The company has gone through some growing pains in recent years, and Berkshire patiently held its stake until the fourth quarter, when it dropped it.Investors m ...

StoneCo Ltd. (STNE) closed at $16.50 in the latest trading session, marking a +1.66% move from the prior day. This change lagged the S&P 500's 2.11% gain on the day. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 2.96%.Shares of the company witnessed a loss of 6.56% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.69% and the S&P 500's gain of 3.08%.Investors will be eagerly watching for the performance of StoneCo Ltd. in its upco ...

GEORGE TOWN, Grand Cayman, Feb. 21, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone") today announces that it will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Monday, March 18th, 2024 at 5:00pm ET (6:00pm BRT). A press release with fourth quarter and fiscal year 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the Zoom webinar (ID: 835 5588 9011 | Password: 8 ...

GEORGE TOWN, Grand Cayman, Feb. 21, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Monday, March 18th, 2024 at 5:00pm ET (6:00pm BRT). A press release with fourth quarter and fiscal year 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the Zoom webinar (ID: 835 5588 9011 | Password: 81 ...

StoneCo Ltd. (STNE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -3.1% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Internet - Software industry, to which StoneCo Ltd. belongs, has gained 16.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or ...

Warren Buffett and his team at Berkshire Hathaway are known for their value approach to investing. So when they choose something a little different, investors should definitely take notice.Berkshire Hathaway took a position in Brazilian fintech StoneCo (STNE -2.56%) when it went public in 2018. It's down 42% since its initial public offering (IPO) and 80% off its highs.Did Buffett make a mistake? When he does, he's not hesitant to sell. But Berkshire Hathaway is holding on to it. Is StoneCo stock a buy toda ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider StoneCo Ltd. (STNE) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 14.58%, on average, in the last two quarters.For ...