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StoneCo is a Brazilian fintech company focused on MSMBs, offering financial services and software solutions. The company demonstrates consistent growth across all key financial and operating metrics. The management's long-term outlook is quite optimistic as well. My valuation analysis suggests there is a 73% upside potential from the current share price levels.
StoneCo (STNE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
StoneCo (STNE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
StoneCo Ltd. (NASDAQ:STNE ) Q1 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Company Participants Roberta Noronha - Head of IR Pedro Zinner - CEO Lia Matos - Chief Strategy Officer and Chief Marketing Officer Mateus Scherer - CFO and IR Officer Gregor Ilg - Head of Credit Conference Call Participants Eduardo Rosman - BTG Kaio Da Prato - UBS Antonio Ruette - Bank of America Neha Agarwala - HSBC Yuri Fernandes - JPMorgan Jorge Kuri - Morgan Stanley Daniel Vaz - Safra Tiago Binsfeld - Goldman Sachs Jamie Friedman - SIG Pedro Leduc - Itau BBA Renato Meloni - Autonomous Research John Coffey - Barclays Operator Good evening, ladies and gentlemen.
StoneCo Ltd. (STNE) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share.
StoneCo's (STNE) first-quarter 2024 performance will likely reflect strength in its financial services and software business.
Investors with an interest in Internet - Software stocks have likely encountered both StoneCo Ltd. (STNE) and Paycor HCM, Inc. (PYCR).
StoneCo (STNE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
StoneCo Ltd. (STNE) reachead $15.74 at the closing of the latest trading day, reflecting a +0.9% change compared to its last close.
StoneCo warned investors of an accounting change that could make its next earnings report look a bit rough. The long-term effects of the accounting change should net out, however.