StoneCo Ltd. (STNE) closed at $11.35 in the latest trading session, marking a -1.39% move from the prior day.
StoneCo's stock is down nearly 40% year-to-date, with recent underperformance largely due to macroeconomic challenges in Brazil. Interest rate hikes in Brazil have posed challenges, affecting expenses and profitability, especially for small business clients. STNE's long-term guidance remains strong, with an expected 31% CAGR in net income from 2024 to 2027, despite near-term hurdles.
Investors with an interest in Internet - Software stocks have likely encountered both StoneCo Ltd. (STNE) and Paycor HCM, Inc. (PYCR).
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the closing of the recent trading day, StoneCo Ltd. (STNE) stood at $11.59, denoting a +1.13% change from the preceding trading day.
StoneCo Ltd. (STNE) concluded the recent trading session at $11.12, signifying a +0.91% move from its prior day's close.
StoneCo Ltd. (STNE) closed the most recent trading day at $10.92, moving -0.36% from the previous trading session.
StoneCo Ltd. (STNE) concluded the recent trading session at $11.17, signifying a -1.41% move from its prior day's close.
These fintech stocks look ready for a rebound.
StoneCo Ltd. (STNE) closed at $11.26 in the latest trading session, marking a -1.83% move from the prior day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Despite underperformance, StoneCo's stock is undervalued with promising unit economics and expected EPS growth, justifying a bullish rating. Q2 2024 results showed strong performance in payments, banking, and credit segments, with significant revenue and EPS growth. Management's efficient capital deployment and ambitious growth targets suggest potential for substantial profitability and market penetration.