Is Stoneco (STNE) stock down 80% for the year?
But in terms of losses, none of them hold a candle to StoneCo (NASDAQ:STNE). While major plays in this space are down around 20% for the year, STNE stock is down about 80%. Source: FOTOGRIN / Shutterstock.com What’s behind this Brazil-based payment processor’s tremendous drop in price?
What are analysts'target prices for Stoneco's stock?
11 Wall Street analysts have issued 12-month target prices for StoneCo's stock. Their forecasts range from $20.00 to $47.00. On average, they anticipate StoneCo's stock price to reach $35.89 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for StoneCo.
Is Stoneco efficiently growing its dividend?
StoneCo does not have a long track record of dividend growth. In the past three months, StoneCo insiders have not sold or bought any company stock. 60.43% of the stock of StoneCo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
What does a hold rating mean for Stoneco Inc (STNE)?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in STNE, but not buy additional shares or sell existing shares. View analyst ratings for StoneCo or view top-rated stocks.
Is STNE a buy or sell?
Today STNE ranks #5741 as buy candidate.
Is Stone company a good investment?
Outstanding growth. In its recent earnings report, StoneCo reported a 63% jump in total payment volumes (TPV) in 2020, while revenue grew 29% and the adjusted net margin sat at 25%. On the customer side of things, StoneCo's client base grew 36% year-over-year and the company finished 2020 with over 650,000 customers.
Why is STNE dropping?
A Brazil-based payment processor, StoneCo's business has fallen off a cliff for reasons that are largely out of its control. Tough economic conditions in Brazil have taken a serious toll on its operating performance. These issues will likely carry on in the coming year.
Who is STNE stock?
(STNE) Stock Price, News, Quote & History - Yahoo Finance....Performance Outlook.Previous Close9.27Ask0.00 x 3100Day's Range9.19 - 9.6952 Week Range6.81 - 60.25Volume5,954,6563 more rows
What does StoneCo Ltd do?
StoneCo Ltd. is a provider of financial technology and software solutions. The Company has designed a cloud-based technology platform, namely the Stone Business Model for its clients to connect, get paid and grow their businesses. The Company's business includes financial services and software.
Does Warren Buffett Own StoneCo stock?
Warren Buffett StoneCo Ltd - Class A Warren Buffett acquired 10.7 Million StoneCo Ltd shares worth $92.5 Million. That's 0.03% of their equity portfolio (37th largest holding). The investor owns 4.30% of the outstanding StoneCo Ltd stock. Warren Buffett started to build up the position in StoneCo Ltd in Q4 2018.
Can StoneCo recover?
It had a challenging 2021 but strong growth and underlying positive fundamentals remain. StoneCo is also experiencing an initial recovery from the spike in interest rates through repricing, and is therefore better positioned to improve profitability going forward.
Should I invest in StoneCo?
At a current valuation of 14.2x 2020 Net Income, and a growth run rate of 70%, the company presents itself with ample opportunity to outperform over the coming years. On top of this, the company is seeing inflecting fundamentals and should accelerate in growth in 2022.
Who bought STNE stock?
Institutional investors purchased a net $14.0 million shares of STNE during the quarter ended March 2019....Top 10 Owners of StoneCo Ltd.StockholderCapital Research & Management Co....Stake4.73%Shares owned13,262,194Total value ($)102,118,8949 more columns
Is StoneCo a good company?
Outstanding growth. In its recent earnings report, StoneCo reported a 63% jump in total payment volumes (TPV) in 2020, while revenue grew 29% and the adjusted net margin sat at 25%. On the customer side of things, StoneCo's client base grew 36% year-over-year and the company finished 2020 with over 650,000 customers.
Who are StoneCo competitors?
StoneCo's competitors StoneCo's top competitors include Honest Dollar, Jiedaibao, PayLink and MoneyTap. StoneCo provides financial technology solutions that empower merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels.
How much StoneCo does Buffett own?
StoneCo Ltd.'s Investors With such impressive numbers achieved in such a short period of time, it's no surprise that StoneCo attracted the attention of investors at Berkshire Hathaway. The company purchased more than 14 million shares of StoneCo at the IPO price, making it an 8% owner of the company.
About StoneCo
Headlines
StoneCo Ltd. engages in the provision of financial technology solutions. It caters to merchants and partners that conduct electronic commerce across in-store, online, and mobile channels. The firm offers cloud-based technology platform, electronic payments, and automation of business processes at the point-of-sale.
StoneCo (NASDAQ:STNE) Frequently Asked Questions
StoneCo Ltd.: The Stock Price Drops While The Business Keeps Going Strong - Seeking Alpha
How much did StoneCo raise?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" StoneCo stock.
What is One Stop Systems?
(STNE) has raised $500 million by issuing dollar bonds for the first time. The 7-year notes have a final yield of 3.95%. The company plans to use the funds for general corporate purposes, which include financing its investment in Banco Inter, growth purposes, and refinancing some of its corporate debt. (See StoneCo stock analysis on TipRanks) Last month, StoneCo announced a $471 million investment for a minority stake in Brazil’s Banco Inter.
Business
- StoneCo Ltd (NASDAQ:STNE) issued its quarterly earnings results on Monday, March, 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.01. The business earned $139.04 million during the quarter, compared to the consensus estimate of $116.87 million. View StoneCo's Earnings History.
Release
- StoneCo is scheduled to release their next quarterly earnings announcement on Monday, May 13th 2019. View Earnings Estimates for StoneCo.
Risks
- 6 brokers have issued 1-year price objectives for StoneCo's shares. Their predictions range from $20.00 to $47.00. On average, they anticipate StoneCo's share price to reach $31.60 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View Analyst Price Targets for StoneCo.
Ratings
- 6 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for StoneCo in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for StoneCo.
Reviews
- News coverage about STNE stock has been trending positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most …
Funding
- (STNE) raised $1 billion in an IPO on Thursday, October 25th 2018. The company issued 47,700,000 shares at a price of $21.00-$23.00 per share. Goldman Sachs, J.P. Morgan and Citigroup served as the underwriters for the IPO and Itaú BBA, Credit Suisse, Morgan Stanley, BofA Merrill Lynch and BTG Pactual were co-managers.
Ownership
- StoneCo's lock-up period expired on Tuesday, April 23rd. StoneCo had issued 50,724,638 shares in its IPO on October 25th. The total size of the offering was $1,217,391,312 based on an initial share price of $24.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted. …
Operations
- StoneCo has a market capitalization of $7.35 billion and generates $414.74 million in revenue each year. StoneCo employs 3,171 workers across the globe.
Location
- StoneCo's mailing address is R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551-010. The company can be reached via phone at 55-11-3004-9680.