StoneCo stock has shown significant underperformance over the past quarters despite overall market strength. As I see it, StoneCo's Q2 results show impressive MSMB client growth, improved cost management, and potential for further buybacks to enhance shareholder value. I see that a recovery trend may have already started in July 2022. The nearest resistance target is now ~28% above the current price.
StoneCo Ltd. (STNE) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.34 per share.
StoneCo Ltd. (NASDAQ:STNE ) Q2 2024 Results Conference Call August 14, 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 Conference Call Participants Mario Pierry - Bank of America Eduardo Rosman - BTG Neha Agarwala - HSBC Tiago Binsfeld - Goldman Sachs Kaio Da Prato - UBS Jorge Kuri - Morgan Stanley Gustavo Schroden - Bradesco BBI Yuri Fernandes - JP Morgan Renato Meloni - Autonomous Research Gabriel Gusan - Citi Operator Good evening, everyone.
StoneCo's (STNE) Q2 top-line results are likely to be hurt by weakness at TAG business, offset by its cost management approaches, such as shared-services centers and zero-based budgeting.
StoneCo (STNE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
StoneCo Ltd. (STNE) concluded the recent trading session at $12.11, signifying a -0.9% move from its prior day's close.
Zacks.com users have recently been watching StoneCo (STNE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
StoneCo Ltd. (STNE) concluded the recent trading session at $13.12, signifying a +0.69% move from its prior day's close.
StoneCo Ltd. (STNE) concluded the recent trading session at $13.41, signifying a -0.67% move from its prior day's close.
StoneCo Ltd. (STNE) concluded the recent trading session at $13.58, signifying a +1.12% move from its prior day's close.
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