The most recent trading session ended with StoneCo Ltd. (STNE) standing at $16.64, reflecting a +0.67% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.68%.The the stock of company has fallen by 4.34% in the past month, lagging the Computer and Technology sector's gain of 0.95% and the S&P 500's gain of 0.8%.The upcoming earnings release ...

Olemedia/E+ via Getty Images Intro & Thesis You are reading my 4th article about StoneCo Ltd. (NASDAQ:STNE). In my previous articles, I have consistently concluded that STNE has excellent recovery prospects because the company is cheap, its business continues to grow strongly, and the Latin American market remains interesting in terms of TAM (total addressable market) expansion and macro prospects. So far, the bullish thesis has worked well: Seeking Alpha, my coverage of STNE stock But what are the ch ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 4:StoneCo Ltd. (STNE) : This financial technology and software solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.StoneCo's shares gained 61.9% over the last six months compared with the S&P 500’s advance of 19.6%. The company possesses a Momentum Score of A.See the full list of top ranked stocks here ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Shares of the Brazilian fintech StoneCo (STNE -0.66%) have gone on a tear, gaining 75% since the start of 2023. Despite its big run-up, StoneCo is down more than 80% from its all-time high price in early 2021. The company's growth has been notable -- it recently reported its sixth consecutive quarter of profit.StoneCo has done a good job of working through the credit issues that held it back in recent years. But there are a few things investors should know before scooping up shares of the fintech today.Braz ...

Shares of StoneCo (STNE -6.87%) fell as much as 13.5% early Tuesday, then partly recovered to close down 6.9% after the Brazilian fintech announced mixed quarterly results relative to expectations. It also announced the impending resignation of one of the company founders.On StoneCo's technically mixed quarterFourth-quarter 2023 revenue grew 20.1% year over year to 3.25 billion Brazilian reals ($645.4 million), translating to adjusted earnings of 1.76 reals per share ($0.35). Analysts on average were predic ...

StoneCo’s (STNE) fourth-quarter 2023 non-GAAP earnings of 36 cents per share beat the Zacks Consensus Estimate by 12.5%.In domestic currency, earnings were R$1.76 per share, up from 63 cents reported in the year-ago quarter.Revenues of $656 million surpassed the consensus mark by 40%.In domestic currency, revenues increased 20.1% year over year to R$3.24 billion. The upside is primarily driven by an increase in financial services platform revenues, driven by growth in the active client base and enhanced mon ...

StoneCo Ltd. (NASDAQ:STNE) Q4 2023 Earnings Conference Call March 18, 2024 5:00 PM ET Company Participants Roberta Noronha - Head of Investor Relations Pedro Zinner - Chief Executive Officer Lia Matos - Chief Strategy Officer and Chief Marketing Officer Mateus Scherer - Chief Financial Officer and Investor Relations Officer Conference Call Participants Sheriq Sumar - Evercore ISI Eduardo Rosman - BTG Mario Pierry - Bank of America Tiago Binsfeld - Goldman Sachs Neha Agarwala - HSBC Renato Meloni - Autonomou ...

Earnings Presentation This presentation and the information contained herein does not constitute an offer for sale or solicitation of an offer to buy any securities of the issuer. This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about StoneCo Ltd.'s (the "Company") plans, strategies and prospects and estimates of industry growth or pr ...

20% Growth in the MSMB total payment volume (TPV), double the industry average, according to ABECS Adjusted EBT of R$638 million, a 131.6% increase compared to 4T22 The MSMB customer base grew by 37.4% year-over-year, reaching nearly 3.5 million active customers SÃO PAULO, March 18, 2024 /PRNewswire/ -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) reported growth year-over-year of 20.1% in total revenue, reaching R$3.2 billions in 4Q23, with adjusted EBT of R$638 millions, 17.2% higher than 4Q22, with adjust ...