STNE - StoneCo Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
38.48
+0.18 (+0.47%)
As of 9:30AM EST. Market open.
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Previous Close38.30
Open38.29
Bid37.76 x 800
Ask0.00 x 900
Day's Range38.35 - 38.48
52 Week Range16.14 - 45.62
Volume12,230
Avg. Volume1,943,815
Market Cap10.673B
Beta (3Y Monthly)N/A
PE Ratio (TTM)204.68
EPS (TTM)0.19
Earnings DateNov. 21, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est39.80
  • Buffett-Backed StoneCo Jumps to 7-Month High on Solid Growth
    Bloomberg

    Buffett-Backed StoneCo Jumps to 7-Month High on Solid Growth

    (Bloomberg) -- StoneCo Ltd., the Brazilian payments processor with a 7.9% stake owned by Warren Buffett’s Berkshire Hathaway, allayed some investor concerns over competition with solid growth.Stone, which went public in late October 2018, jumped as much as 18% for its biggest gain since March 19, and its highest intraday level since April 3. Third-quarter adjusted net income grew 126% on an yearly basis to 201.9 million reais ($48 million). Total payment volume totaled 32.6 billion reais, up 50% from the same period last year, and net client additions were 68,700 -- topping Itau BBA’s estimates by 68%.“Stone celebrated its 1-year IPO birthday with a nice gift to investors: a good set of results,” BTG Pactual analysts led by Eduardo Rosman wrote. “Core trends and the qualitative side of the story remain very solid,” the analysts said, reiterating Stone as their top pick in payments.Analysts also praised the firm’s credit and banking initiatives. “Still early days, but banking- and credit-related metrics look positive,” Guggenheim analysts led by Jeff Cantwell wrote.Here’s what Wall Street analysts have to say:Bradesco BBI, Victor SchabbelBottom line came in slightly below expectations but quality looked good, with total payment volume expandingTake rate was healthy mostly due to mix, with Stone increasing exposure to smaller clients“Apparently, better customer service is allowing Stone to dodge competitive pressures in the merchant acquiring market”BTG Pactual, Eduardo RosmanResults left BTG more confident in the investment case“Although the stock is not a bargain, having risen 86% since YTD, we believe positive momentum should continue”Buy ratingCantor Fitzgerald, Joseph ForesiResults were strong; co. is positioned to gain market share in the rapidly evolving Brazil payment industry2019 revenue estimate was raised to 2.58 billion reais from 2.54 billion reais on the back of continued growth in active merchantsPrice target raised to $40 from $39; overweight maintainedCredit Suisse, Daniel FederleStone is “not affected by competition and evolving well in the software, banking and credit fronts”Company reported positive results with strong net additions, solid total payment volume growth in the small and midsize business segment, and profitability -- despite signs of rising competition“Stone’s credit initiatives seem to be evolving well and the company plans to be ready to start to scale it faster as of 4Q19”Neutral ratingGuggenheim, Jeff Cantwell“We see STNE on the right path and believe it will continue to gain market share”Still early days, but banking and credit-related metrics look positivePrice target raised to $42 from $38; maintained buy ratingItau BBA, Marco CalviStone reported strong, in-line results driven by a combination of better-than-expected net additions and an improved take rate; bottom-line growth was robustActive client base showed a significant acceleration“Despite the fiercer competitive environment, the company also delivered a stronger take-rate of 1.91%, as it continues its successful strategy to expand its hub client base”Other encouraging trends included strong TPV growth, massive net additions and an improving take rate, despite the tougher competition environmentMarket perform ratingWhat Bloomberg Intelligence says“StoneCo is the disruptor in Brazil’s expanding card-payment sector, with lower prices and better technology, local knowledge and customer service. In 2018, the company doubled customers and revenue and turned profitable. But incumbents have grown more aggressive on price and regulators began changing the rules. StoneCo will need traction with new offerings in software, digital accounts and credit to sustain outsized revenue growth”\-- Julie Chariell, senior consumer products analyst\-- Click here for the research(Updates stock’s move, adds Cantor Fitzgerald’s comments.)To contact the reporter on this story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Catherine Larkin, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • StoneCo Ltd. (STNE) Q3 Earnings Lag Estimates
    Zacks

    StoneCo Ltd. (STNE) Q3 Earnings Lag Estimates

    StoneCo Ltd. (STNE) delivered earnings and revenue surprises of -5.56% and 28.86%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    StoneCo Reports Third Quarter 2019 Financial Results

    SÃO PAULO, Brazil, Nov. 21, 2019 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to.

  • 5 Important Earnings Charts
    Zacks

    5 Important Earnings Charts

    Earnings season isn't over yet. These 5 companies are on the must-watch list this week.

  • StoneCo (STNE) to Report Q3 Earnings: What's in the Cards?
    Zacks

    StoneCo (STNE) to Report Q3 Earnings: What's in the Cards?

    StoneCo's (STNE) third-quarter 2019 results are likely to reflect an expanded client base and increased cross-selling opportunities.

  • StoneCo Ltd. (STNE) Earnings Expected to Grow: Should You Buy?
    Zacks

    StoneCo Ltd. (STNE) Earnings Expected to Grow: Should You Buy?

    StoneCo Ltd. (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.

  • STNE Is Part of Warren Buffett’s Berkshire Portfolio
    Market Realist

    STNE Is Part of Warren Buffett’s Berkshire Portfolio

    While Buffett hasn't personally invested in the company, Berkshire Hathaway holds $533 million worth of STNE stock. The stock is valued at $10.5 billion.

  • GlobeNewswire

    StoneCo Ltd. to Announce Third Quarter 2019 Financial Results on November 21, 2019

    SÃO PAULO, Brazil, Oct. 25, 2019 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2019 financial.

  • StoneCo (NASDAQ:STNE) Is Using Debt Safely
    Simply Wall St.

    StoneCo (NASDAQ:STNE) Is Using Debt Safely

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

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    The Future of Facebook’s Cryptocurrency and Negative Interest Rates

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  • Is StoneCo Ltd.'s (NASDAQ:STNE) ROE Of 10% Concerning?
    Simply Wall St.

    Is StoneCo Ltd.'s (NASDAQ:STNE) ROE Of 10% Concerning?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • StoneCo Ltd. (STNE) Q2 2019 Earnings Call Transcript
    Motley Fool

    StoneCo Ltd. (STNE) Q2 2019 Earnings Call Transcript

    STNE earnings call for the period ending June 30, 2019.

  • Warren Buffett-Backed StoneCo's Torrid Growth Continues
    Motley Fool

    Warren Buffett-Backed StoneCo's Torrid Growth Continues

    The Brazilian fintech specialist adds another impressive quarterly performance to its growing resume.

  • GlobeNewswire

    StoneCo Reports Second Quarter 2019 Financial Results

    SÃO PAULO, Brazil, Aug. 14, 2019 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to.

  • GlobeNewswire

    StoneCo Ltd. Announces Preliminary Second Quarter 2019 Results

    SÃO PAULO, Brazil, July 30, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announced preliminary results for the second quarter of 2019. The ability to successfully scale new products in the second quarter proves our company’s capabilities to continue disrupting this industry through software and financial services,” said Thiago Piau, CEO. “In addition to the current success in the SMB market, we are very excited to announce that we are entering the micro-merchant space in a Joint Venture with Grupo Globo, the largest media conglomerate in Brazil.

  • GlobeNewswire

    StoneCo Ltd. to Announce Second Quarter 2019 Financial Results on August 14, 2019

    SÃO PAULO, Brazil, July 24, 2019 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its second quarter 2019 financial.

  • GlobeNewswire

    StoneCo Ltd. Announces New Independent Member of Board of Directors and Audit Committee

    SÃO PAULO, Brazil, July 05, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (STNE) (“Stone”) announced that pursuant to written resolutions of its Board of Directors dated June 27, 2019, Mr. Silvio José Morais was appointed to the Board of Directors, effective immediately, and at the same meeting, elected to the Audit Committee. Mr. Morais is independent under the applicable rules and regulations of the Securities and Exchange Commission (the “SEC”) and the listing standards of the Nasdaq Stock Market. Prior to joining the board of directors of Stone, Mr. Morais served as Controller at Ambev S.A. from 1998 to 2019, where he was responsible for the Financial Reporting, Internal Controls, Pension Plan and Direct Tax functions.

  • Why Warren Buffett-Owned StoneCo Stock Popped 17.4% in June
    Motley Fool

    Why Warren Buffett-Owned StoneCo Stock Popped 17.4% in June

    After recently sinking like a stone, the Brazilian financial technology stock was buoyed by some love from Wall Street.

  • Estimating The Fair Value Of StoneCo Ltd. (NASDAQ:STNE)
    Simply Wall St.

    Estimating The Fair Value Of StoneCo Ltd. (NASDAQ:STNE)

    How far off is StoneCo Ltd. (NASDAQ:STNE) from its intrinsic value? Using the most recent financial data, we'll take a...

  • Do Options Traders Know Something About StoneCo (STNE) Stock We Don't?
    Zacks

    Do Options Traders Know Something About StoneCo (STNE) Stock We Don't?

    Investors need to pay close attention to StoneCo (STNE) stock based on the movements in the options market lately.

  • Why Warren Buffett-Backed StoneCo Is Climbing After Earnings
    Motley Fool

    Why Warren Buffett-Backed StoneCo Is Climbing After Earnings

    The Brazilian payments operator puts in another impressive performance.

  • StoneCo Ltd. (STNE) Q1 2019 Earnings Call Transcript
    Motley Fool

    StoneCo Ltd. (STNE) Q1 2019 Earnings Call Transcript

    STNE earnings call for the period ending March 31, 2019.

  • GlobeNewswire

    StoneCo Reports First Quarter 2019 Financial Results and Announces Share Repurchase Program

    SÃO PAULO, Brazil, May 13, 2019 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to.

  • ACCESSWIRE

    StoneCo Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 13, 2019 / StoneCo Ltd. (NASDAQ: STNE ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 13, 2019 at 5:00 PM Eastern Time. ...