Sukanya Sonlila/iStock via Getty ImagesI have been bullish on StoneCo Ltd. (NASDAQ:STNE) for as long as I can remember. Almost a year ago, I reiterated my bullish stance amid some notable improvements in earnings revision trends. Since then, STNE stock has gained 52%, handsomely beating the broad market. With the company expected to report fourth-quarter earnings next Monday, I revisited my investment thesis. In April 2023, my bullish stance stemmed from the expected recovery of Brazil's e-commerce sect ...

StoneCo (STNE) is slated to release fourth-quarter 2023 results on Mar 18.The Zacks Consensus Estimate for fourth-quarter 2023 revenues is pegged at $468.47 million, suggesting a decline of 8.90% from the figure reported in the year-ago quarter.The consensus mark for earnings has remained unchanged at 29 cents per share in the past 30 days. The company reported earnings of 14 cents in the year-ago quarter.StoneCo beat the Zacks Consensus Estimate in the last four quarters, delivering an earnings surprise of ...

StoneCo Ltd. (STNE) closed the most recent trading day at $17.28, moving +0.12% from the previous trading session. This change outpaced the S&P 500's 0.19% loss on the day. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.Shares of the company have appreciated by 1.41% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.36% and the S&P 500's gain of 3.18%.The upcoming earnings release of StoneCo Ltd. will be of great in ...

FG Trade A few weeks ago, we wrote an article about Nubank (NU), talking about the many distinct advantages that make that company such a compelling growth investment for the next decade-plus in Brazil and beyond. In the comments, many mentioned that they were also long StoneCo (NASDAQ:STNE), and so we thought we'd follow up with some more coverage of the Brazilian / Latam fintech space. Today, we're taking a look at StoneCo, the payments, banking, software, and credit provider to tens of thousands of micro ...

Fool.com contributor Parkev Tatevosian highlights one growth stock that could make an excellent addition to investor portfolios in 2024.                      *Stock prices used were the afternoon prices of March 4, 2024. The video was published on March 6, 2024.  ...

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 ...