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StoneCo Ltd. (STNE) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-08-06 22:51
Company Performance - StoneCo Ltd. closed at $12.11, reflecting a -0.9% change from the previous session, underperforming the S&P 500 which gained 1.04% [1] - The stock has decreased by 6.22% over the past month, contributing to the Computer and Technology sector's loss of 13.91% and the S&P 500's loss of 6.74% [1] Upcoming Earnings - The earnings report for StoneCo Ltd. is anticipated on August 14, 2024, with expected earnings of $0.34 per share, indicating a year-over-year growth of 78.95% [2] - Quarterly revenue is projected at $590.74 million, down 1.06% from the same period last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $1.46 per share and revenue of $2.44 billion for the year, representing changes of +50.52% and +0.77% respectively compared to the previous year [3] - Recent adjustments to analyst estimates suggest positive revisions, indicating a favorable business outlook [3] Valuation Metrics - StoneCo Ltd. has a Forward P/E ratio of 8.35, which is significantly lower than the industry average Forward P/E of 30.01 [5] - The company currently has a PEG ratio of 0.32, compared to the Internet - Software industry's average PEG ratio of 1.64 [6] Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 93, placing it in the top 37% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
StoneCo Releases the 2023 Sustainability Report
Newsfilter· 2024-07-30 13:07
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 ...
StoneCo Ltd. (STNE) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-07-23 22:56
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].
5 Stocks With Attractive Price-to-Book Ratio Worth a Look
ZACKS· 2024-07-22 13:05
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 ...
StoneCo Ltd. to Announce Second Quarter 2024 Financial Results on August 14th, 2024
Newsfilter· 2024-07-17 21:15
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 ...
StoneCo Ltd. to Announce Second Quarter 2024 Financial Results on August 14th, 2024
GlobeNewswire News Room· 2024-07-17 21:15
Company Overview - StoneCo Ltd. is a leading provider of financial technology and software solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses [3]. Upcoming Events - Stone will host a conference call to discuss its second quarter 2024 financial results on August 14th, 2024, at 5:00pm ET (6:00pm BRT) [4]. - A press release with the second quarter 2024 financial results will be issued after the market closes on the same day [4]. - The company will initiate its Quiet Period related to its second quarter 2024 financial results on July 24th, 2024 [2]. Investor Relations - Investors can access the conference call live over Zoom or by phone, with specific dialing options provided for the U.S., Brazil, and the UK [1]. - The live webcast and replay of the conference call will be available on Stone's investor relations website [1].
STNE or ENFN: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-16 16:46
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 ...
StoneCo Ltd. (STNE) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-07-15 22:56
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]
STONECO LTD. ANNOUNCES ANY AND ALL CASH TENDER OFFER AND CONSENT SOLICITATION
Prnewswire· 2024-07-01 20:38
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 ...
StoneCo Ltd. (STNE) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-06-28 22:52
Core Viewpoint - StoneCo Ltd. has experienced a significant stock decline of 13.1% over the past month, underperforming compared to the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53% [1] Financial Performance - For the entire fiscal year, Zacks Consensus Estimates project earnings of $1.43 per share and revenue of $2.55 billion, reflecting increases of +47.42% and +5.37% respectively from the previous year [6] - The upcoming earnings release is expected to show an EPS of $0.35, indicating an 84.21% growth compared to the same quarter last year, with anticipated revenue of $617.71 million, representing a 3.46% increase from the prior year [9] Valuation Metrics - StoneCo Ltd. is currently trading at a Forward P/E ratio of 8.44, significantly lower than the industry average Forward P/E of 30.12, suggesting that the company is trading at a discount [3] - The company's PEG ratio stands at 0.32, compared to the industry average PEG ratio of 1.74, indicating favorable valuation relative to projected earnings growth [11] Analyst Sentiment - Recent changes in analyst estimates for StoneCo Ltd. indicate a positive outlook on the company's business operations and profit generation capabilities [2] - The Zacks Rank system currently rates StoneCo Ltd. at 3 (Hold), with an 11.94% increase in the Zacks Consensus EPS estimate over the past month [7][10] Industry Context - The Internet - Software industry, which includes StoneCo Ltd., has a Zacks Industry Rank of 81, placing it in the top 33% of over 250 industries [8]