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StoneCo Ltd. (NASDAQ:STNE ) Q4 2024 Earnings Conference Call March 18, 2025 5:00 PM ET Company Participants Pedro Zinner - Chief Executive Officer Lia Matos - Strategy and Marketing Officer Mateus Scherer - Chief Financial and Investor Relations Officer Roberta Noronha - Head, Investor Relations Conference Call Participants Eduardo Rosman - BTG Mario Pierry - Bank of America Tito Labarta - Goldman Sachs Daniel Vaz - Safra Renato Meloni - Autonomous Research Yuri Fernandes - JP Morgan Jamie Friedman - Susquehanna Operator Good evening, everyone.
StoneCo Ltd. (STNE) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.32 per share.
George Town, Grand Cayman--(Newsfile Corp. - March 18, 2025) - StoneCo Ltd. (Nasdaq: STNE) ("Stone" or the "Company") today reported its financial results for the fourth quarter and fiscal year ended in December 31, 2024, in a Earnings Release and Presentation which is now posted to the company's Investor Relations website https://investors.stone.co/.
StoneCo's 4Q24 expectations are modest, with softer guidance for Fiscal 2025 due to Brazil's economic challenges. High inflation and interest rate hikes in Brazil are affecting StoneCo's performance and outlook. StoneCo's current valuation, with a forward P/E ratio of 7.7x, suggests it's undervalued.
In the closing of the recent trading day, StoneCo Ltd. (STNE) stood at $9.18, denoting a -0.86% change from the preceding trading day.
Brazilian software company Totvs said on Thursday it has decided to withdraw from the competitive process to buy StoneCo's unit Linx, according to a securities filing.
I own StoneCo Ltd. for its undervaluation, improving technical trading pattern, and the potential for a stronger Brazilian real against the U.S. dollar in 2025. The stock trades at an ultra-low P/E of 8x, and EV to EBITDA ratio of 1.8x, making it a bargain choice in financial services. Technical momentum appears to have turned high over the past week, after many months of bearish action. Price could run higher over the next month or two.
George Town, Grand Cayman--(Newsfile Corp. - February 14, 2025) - StoneCo Ltd. (NASDAQ: STNE) (B3: STOC31) ("Stone") today announces that it will release its fourth quarter and fiscal year 2024 financial results on Tuesday, March 18th, 2025, after the market closes.
StoneCo Ltd. (STNE) concluded the recent trading session at $9.37, signifying a +1.52% move from its prior day's close.
Brazil's GDP growth and low unemployment are favorable for StoneCo, despite the country's controversial economic signs and high interest rates. StoneCo's recent financial results were strong, with high margins, good return on capital, and consistent earnings beats, enhancing investor confidence. The company's valuation is attractive, trading below peers, suggesting a potential 18% upside, with momentum in Brazilian assets as a key trigger. So, I am upgrading my recommendation.