reports
StoneCo Ltd. to Announce First Quarter 2024 Financial Results on May 1...
StoneCo Ltd. to Announce First Quarter 2024 Financial Results on May 13, 2024 and Adopt New Internal Accounting Policy GEORGE TOWN, Grand Cayman, April 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) announces that it will release its first quarter 2024 financial results on Monday, May 13, 2024 after the market closes and will host a conference call that afternoon at 5:00pm ET (6:00pm BRT) to discuss the results. The Company also announces that, beginning in the first quarter of 2024, it will adopt a new internal accounting policy for the recognition of mem...
StoneCo Announces Forthcoming Board of Directors Changes
StoneCo Announces Forthcoming Board of Directors Changes GEORGETOWN, Cayman Islands, March 18, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) is announcing a planned transition within the Board of Directors. After a decade of fundamental contributions, our founder, Mr. André Street has chosen not to seek re-election at the upcoming Annual General Meeting (“AGM"), which will occur by the end of April 2024. In similar vein, Mr. Conrado Engel, our Vice Chairman, and Patricia Verderesi Schindler, will also not seek re-election, having completed the...
StoneCo Reports Fourth Quarter and Fiscal Year 2023 Results
StoneCo Reports Fourth Quarter and Fiscal Year 2023 Results Strong quarter with Adjusted EBT reaching R$638 million, up 132% year over year, on accelerating MSMB TPV growth of 20%, resulting in Adjusted Net income of R$564 million, up 177% year over year GEORGE TOWN, Grand Cayman, March 18, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its fourth quarter and fiscal year ended December 31, 2023. “Dear Fellow Shareholders, I hope this message finds you in high spirits. As we wrap up a successful year, I...
- Soomit Datta
PAGS US (Buy, TP: $18, +25%) STNE US (Neutral, TP: $17, +0%) PagSegur...
Having cut to Neutral in Jan-24 after the stock’s strong run into year-end, following strong Q4s (beating at vols, revenue and net income by 4-6%), setting a reassuring 1-year guide (annual guidance for the first time) and following a recent company meeting, we upgrade revenue, gross profit and, ultimately, net income for FY 25-26 by ~ 20%, supported by better market dynamics.
- Soomit Datta
- Soomit Datta
STNE US (Neutral, TP: $17, +5%) PAGS US (Neutral, TP: $15, +15%) Brazi...
With Banco do Brasil and Bradesco set to take Cielo private (tender launched Feb 5), potentially in time trying to emulate renewed commercial efforts from Itau, the market is concerned that StoneCo, more exposed to the higher-end SME segment, and PagSeguro (to a lesser degree) could be caught in the cross fire.
StoneCo Ltd. to Announce Fourth Quarter and Fiscal Year 2023 Financial...
StoneCo Ltd. to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 18th, 2024 GEORGE TOWN, Grand Cayman, Feb. 21, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Monday, March 18th, 2024 at 5:00pm ET (6:00pm BRT). A press release with fourth quarter and fiscal year 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the Zoom webinar (ID: 835 5588 ...
- Soomit Datta
PAGS US (Neutral, TP: $15, +14%) STNE US (Neutral, TP: $17, -2%) Braz...
Since the market lows and the sharp contraction in local bond yields at the end of October last year, the Brazilian PayCo stocks have almost doubled. Further rate cuts (including last night's 50 bps) and better TPV dynamics look to be built into expectations now and, to move the stocks on, we need to see delivery of “Payments Plus” and principally a growing an.d profitable Credit business, as outlined at StoneCo’s in depth investor day in November last year
StoneCo Announces SCFI License
StoneCo Announces SCFI License GEORGETOWN, Cayman Islands, Jan. 05, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced that it received from the Brazilian Central Bank (“BCB”) the “Financeira” License, organized as a Sociedade de Crédito, Financiamento e Investimento (SCFI). This license will enable StoneCo, through its subsidiaries, to develop and offer a range of new products, such as time deposits, which shall enhance and diversify the funding sources of the Company. About StoneCo StoneCo is a leading provider of financial tech...
StoneCo. Announces $467.5 million credit facility from DFC to strength...
StoneCo. Announces $467.5 million credit facility from DFC to strengthen working capital of micro, small, and medium businesses GEORGE TOWN, Grand Cayman, Dec. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or “the Company”) announced that it has obtained a commitment of US$467.5 million in the form of a revolving securitization facility from the United States International Development Finance Corporation (DFC), an agency of the United States government. The facility, which has a final maturity of seven years, and a six-month availability period, acquires ac...
- Dave Nicoski
- Ross LaDuke
Vital Signs: Actionable charts
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
SBH SALLY BEAUTY HOLDINGS INC.
NCLH NORWEGIAN CRUISE LINE HOLDINGS LTD.
LMNR LIMONEIRA CO.
AMWD CARTHAGE CEMENT
CC AMERICAN WOODMARK CORPORATION
PAGS CHEMOURS CO.
GLOB PAGSEGURO DIGITAL LTD
LYFT GAZIT-GLOBE LTD.
VIACA LYFT
JOBY VIACOMCBS INC
METBV JOBY AVIATION INC
QUICKTOU RAMACO RESOURCES INC.
QUICKTOUCH TECHNOLOGIES LTD.
StoneCo Announces Board Changes
StoneCo Announces Board Changes GEORGETOWN, Cayman Islands, Dec. 01, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced additional board changes to support the next stage of the Company’s growth. Stone’s Board has approved the appointment of Gilberto Caldart as a Board Member. Mr. Caldart is a former Vice Chairman and President of International Markets at Mastercard, where he worked more than 14 years. Prior to that he also had a 26-year career in Citigroup, having extensive knowledge of financial services, payment innovation,...
- Lindsay Whipp
PSA Digital Payments: Brazil’s Pix – The Great Equaliser
Brazil’s Pix is the fastest adopted payment system globally and its Nov 2020 launch was nothing short of revolutionary, practically making cash a thing of the past. By contrast, Japan’s road to a cashless society has been a more winding one. In this article, which considers Japan’s approach in a global context, Lindsay Whipp contrasts the two governments’ top-down strategies for promoting digital payment.
- Soomit Datta
StoneCo’s Announces Short and Mid-Long Term Guidance
StoneCo’s Announces Short and Mid-Long Term Guidance GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announces short and mid long-term guidance for the years of 2024 and 2027 for key financial and operational metrics, as follows: 20242027CAGR '24-'27MSMB TPV [R$ bn]> 412> 60013%Client Deposits [R$ bn]> 7.0> 14.026%Credit Portfolio [R$ bn]> 0.8> 5.590%MSMB Take Rate [%]> 2.49%> 2.70%-Adj. Net Income [R$ bn]> 1.9> 4.331%Adm. Expenses [Adj. R$ bn]< 1.125< 1.4508.8% This press release presents non-IFRS financial ...
StoneCo’s Investor Day
StoneCo’s Investor Day GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announces the Investor Day will begin shortly, at 9:00 am ET. The supporting materials, including videos and presentations, will be available in the Events section of the Investor Relations website (). About StoneCo StoneCo is a leading provider of financial technology and software solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses. Forward-Looking Statements This p...
StoneCo. Announces New Share Repurchase Program of up to R$ 1 billion
StoneCo. Announces New Share Repurchase Program of up to R$ 1 billion GEORGE TOWN, Grand Cayman, Nov. 14, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or “the Company”) announced that its Board of Directors, pursuant to written resolutions dated November 9th, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 1 billion in outstanding Class A common shares. This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023. Under the former program, Stone r...
- Soomit Datta
StoneCo’s Registration Link for the Investor Day Webcast and Supportin...
StoneCo’s Registration Link for the Investor Day Webcast and Supporting Materials GEORGETOWN, Grand Cayman, Nov. 13, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announced the registration link for the Investor Day webcast is available in the homepage of the Investor Relations website (). The event will be on November 15th, with the webcast beginning at 9:00 am ET and ending at approximately 2:30 pm ET. The supporting materials, including videos and presentations, will be available in the Events section of the Investor Relations website. Abou...
StoneCo Reports Third Quarter 2023 Results
StoneCo Reports Third Quarter 2023 Results Strong quarter with Adjusted EBT reaching R$545 million, up 228% year over year,on accelerating MSMB TPV growth of 19.9%, resulting in Adjusted Net income of R$435 million, up 302% year over year GEORGE TOWN, Grand Cayman, Nov. 10, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its third quarter ended September 30, 2023. Operating and Financial Highlights for 3Q23 Note about our non-IFRS Adjusted P&L metrics: as anticipated in our 4Q22 Earnings announcement, f...
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