CIOXY - Cielo S.A.

Other OTC - Other OTC Delayed Price. Currency in USD
1.6400
-0.0600 (-3.53%)
As of 2:26PM EST. Market open.
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Previous Close1.7000
Open1.6730
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.6200 - 1.6850
52 Week Range1.5100 - 3.0700
Volume45,025
Avg. Volume386,319
Market Cap4.416B
Beta (5Y Monthly)0.80
PE Ratio (TTM)4.62
EPS (TTM)0.3550
Earnings DateN/A
Forward Dividend & Yield0.01 (0.50%)
Ex-Dividend DateFeb 06, 2020
1y Target EstN/A
  • Reuters

    EMERGING MARKETS-Brazil's real lags steady Latam markets as data disappoints

    * Real under pressure from weak retail sales data * Bovepsa lifted by another batch of earnings updates * IMF set to begin debt talks with Argentina By Sruthi Shankar Feb 12 (Reuters) - The Brazilian real was about flat on Wednesday after sliding in early trade to a record low on Wednesday after data showed retail sales dropped unexpectedly in December, and broader Latin American markets gained on hopes that the coronavirus outbreak in China has peaked. Official figures showed retail sales fell 0.1% in December, the first decline in eight months and another sign that consumer spending in Latin America's No. 1 economy will not power growth. "The release extends the slew of disappointing data undermining the growth narrative in Brazil and BRL longs," Citigroup's Dirk Willer wrote in a client note.

  • Reuters

    CORRECTED-UPDATE 1-State-controlled lender Banco do Brasil sees 2020 profit up 10%

    Brazilian state-controlled lender Banco do Brasil SA sees its profits likely growing 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts. Banco do Brasil's 2019 profit should reach up to 18.5 billion reais, according to targets set earlier this year. Next year, net income will be boosted by consumer lending and lower loan loss provision expenses, while fee income will rise in line with inflation, Chief Executive Rubem Novaes said at the same event.

  • Reuters

    UPDATE 1-Brazilian payments company Cielo eyes consolidation deals

    Brazil's Cielo SA is considering potential mergers and acquisitions to consolidate its card-processing business, Chief Executive Paulo Caffarelli told reporters on Wednesday, ruling out reports that the company was in talks over a sale to rival StoneCo Ltd. "Cielo is not up for sale," he decalared after outlining its strategy to contend with competition from newcomers such as StoneCo and PagSeguro Digital, which is driving down prices. Shares in Cielo fell nearly 6% in morning trading after it posted a 50% drop in third-quarter net income on Tuesday, missing analyst estimates.

  • Reuters

    UPDATE 1-Brazil's Cielo misses Q3 profit expectations amid tougher competition

    Brazil's largest card processor Cielo SA reported lower-than-expected net income in the third quarter on Tuesday, as the company sacrificed profitability for volumes as it fights off new competition. Cielo posted a profit of 358 million reais for the three months ended Sept. 31, a 50% drop from a year ago and missing analysts' estimates of 376.6 million reais. In October, Cielo launched digital payments accounts, targeting small businesses, in a move to fend off upstarts such as Nubank, Mercado Pago and PagSeguro Digital Ltd.

  • Moody's

    Cielo USA Inc. -- Moody's announces completion of a periodic review of ratings of Cielo S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cielo S.A. New York, October 01, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Cielo S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Reuters

    UPDATE 1-Brazil card processor Cielo misses profit estimates as costs surge

    Brazilian card processor Cielo SA on Tuesday posted a 33% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operating expenses surged and revenues fell amid fierce competition in the sector. Operating expenses grew by 23% from the same period a year earlier, to 528.3 million reais, as the company spent more on general and administrative costs and hired 1,000 new salespeople. To compensate, Cielo has said it will implement a cost cutting program, expected to yield savings this and next year.

  • Reuters

    Brazil's Cielo cutting costs to face fiercely competitive market

    Brazil's largest credit card processor, Cielo SA, is tightening its belt amid fierce competition with rivals like PagSeguro Digital Ltd and StoneCo Ltd to boost profitability and free up money for new products. Cielo has hired consulting firm Gradus to implement a cost cutting program this and next year, Chief Financial Officer Gustavo de Sousa told Reuters on Friday. The program is the latest in a series of measures Cielo has taken to reverse a slump in margins after it cut prices to take on rivals like Rede, GetNet, PagSeguro and Stone.

  • PR Newswire

    Cielo S.A. Announces the Settlement of the Solicitation of Consents for Certain Amendments to the Indenture and related Offer to Purchase for its 3.750% Senior Notes due 2022

    SÃO PAULO and BARUERI, Brazil , June 26, 2019 /PRNewswire/ -- Cielo S.A. (the "Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), today announced the settlement of the Company's previously ...

  • PR Newswire

    Cielo S.A. Announces the Final Tender Results of the Solicitation of Consents for Certain Amendments to the Indenture and related Offer to Purchase for its 3.750% Senior Notes due 2022

    BARUERI, SÃO PAULO, June 21, 2019 /PRNewswire/ -- Cielo S.A. (the "Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), today announced the final tender results and the expiration of the ...

  • PR Newswire

    Cielo S.A. Announces the Early Tender Results of the Solicitation of Consents for Certain Amendments to the Indenture and related Offer to Purchase for its 3.750% Senior Notes due 2022

    SÃO PAULO, June 7, 2019 /PRNewswire/ -- Cielo S.A. (the "Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), today announced the early tender results of the Company's previously announced ...

  • Reuters

    Brazil's Cielo cut dividend payout so it could invest more - CEO

    Brazilian card processor Cielo SA's dividend cut, which it announced on Friday, is intended to give it room to raise capital expenditure in a competitive market, Chief Executive Officer Paulo Caffarelli said. On Friday, Cielo said it would cut its dividend payout ratio to 30% from 70% of its net income and canceled its 2019 profit guidance, without providing fresh guidance. Last year, Cielo paid 106% of its net income.

  • Moody's

    Cielo S.A. -- Moody's assigns Ba1/Aaa.br to Cielo's BRL 3 billion proposed debentures; stable outlook

    Moody's America Latina ("Moody's") assigned today Aaa.br National Scale corporate family rating to Cielo S.A.("Cielo") and a Ba1/Aaa.br rating to Cielo S.A. proposed BRL 3.0 billion senior unsecured debentures. The rating of the proposed debentures assumes that the final transaction documents will not be materially different from draft legal documentation reviewed by Moody's to date and assume that these agreements are legally valid, binding and enforceable. Cielo S.A.'s (Cielo) Ba1/Aaa.br rating reflects its dominant position in the Brazilian payment card industry and broad footprint in the large Brazilian territory.

  • PR Newswire

    Cielo S.A. Announces the Commencement of the Solicitation of Consents for Certain Amendments to the Indenture and related Offer to Purchase for its 3.750% Senior Notes due to 2022

    CIELO S.A. (Incorporated in the Federative Republic of Brazil) Solicitation of Consents for the Proposed Amendments to the Indenture Governing the Notes Units and the Underlying Notes and to the Global ...

  • Reuters

    Brazilian card processor Cielo increases market share in Q1

    Brazil's largest card processor Cielo said on Monday it had increased its market share in the first quarter for the first time since mid-2017, a sign of its progress in the country's fiercely competitive electronic payments space. Cielo's market share rose to 41.8% in the first quarter, a gain of 0.6 percentage point from the previous quarter, the company said in figures confirmed by analysts. The quarterly market share figures made Cielo "the big winner among peers," according to analysts at Banco Santander SA.

  • Reuters

    Too early to say if Brazil's Cielo will meet profit target - CEO

    Cielo SA Chief Executive Paulo Caffarelli said on Wednesday it was too early to determine if the Brazilian card processor would meet its annual profit target in 2019, as competition is still fierce, though he maintained that guidance. Caffarelli, speaking in a press conference a day after the release of the company's quarterly earnings, said prices charged are still likely to go down in the card processing industry, as card processors are fighting for merchants. Cielo reported on Tuesday net income of 549 million reais ($140 million) for the first quarter, down sharply from the same period a year earlier and below a Refinitiv consensus of 571 million reais.

  • Reuters

    Too early to say if Brazil's Cielo will meet profit target: CEO

    Cielo SA Chief Executive Paulo Caffarelli said on Wednesday it was too early to determine if the Brazilian card processor would meet its annual profit target in 2019, as competition is still fierce, though he maintained that guidance. Caffarelli, speaking in a press conference a day after the release of the company's quarterly earnings, said prices charged are still likely to go down in the card processing industry, as card processors are fighting for merchants. Cielo reported on Tuesday net income of 549 million reais ($140 million) for the first quarter, down sharply from the same period a year earlier and below a Refinitiv consensus of 571 million reais.

  • Reuters

    Brazil card processor Cielo reports drop in profit as competition heats up

    Brazilian card processor Cielo SA on Tuesday posted a steeper-than-expected 45 percent drop in quarterly profit, with expenses surging by more than a fifth after it boosted promotional spending amid rising competition. Cielo reported net income of 549 million reais ($140 million) in the first quarter, down from the same period a year earlier and below a Refinitiv analyst consensus of 571 million reais. The company has been trying to fight back against competitors such as PagSeguro Digital Ltd and StoneCo Ltd by lowering prices and spending more on marketing and other promotional expenses.

  • Reuters

    Brazil's Cielo posts lower Q1 profit amid fierce competition

    Brazilian card processor Cielo SA on Tuesday posted a steeper than expected 45 percent drop in quarterly profit amid tough competition among payment solutions companies in Brazil. Cielo reported net income ...