Commodity Channel Index
|Bid||29.01 x 1400|
|Ask||29.19 x 1300|
|Day's Range||29.61 - 30.10|
|52 Week Range||17.72 - 46.69|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||159.10|
|Earnings Date||May 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.31|
PagSeguro earnings topped forecasts after Brazilian payments rival StoneCo reported mixed results and rebounding payments activity.
Berkshire Hathaway’s (NYSE: BRK.A) (NYSE:BRK.B) owner Warren Buffett is the most popular investor who built his $89.9 billion net worth by investing in value companies. He was among the few who profited from the 2008 crisis. In the current Covid-19 crisis, he is holding a lot of cash as most companies are not prepared for […]
Shares of Brazilian fintech company StoneCo (NASDAQ: STNE) were flying higher on Wednesday after the company reported results for the first quarter of 2020. While StoneCo has been negatively impacted by the COVID-19 pandemic, the company showed that business is already well along the path toward recovery. StoneCo stock has underperformed the market in 2020 since it does business in Brazil, one of the countries that's been most affected by the coronavirus.
Warren Buffett remains one of the most closely followed investors in the world, even though his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) hasn't fared as well as the broader market over the past year. Today, Berkshire's picking up ground, but the insurance giant's 2% gain pales in comparison to how one of Buffett's choices for the Berkshire portfolio is doing. StoneCo (NASDAQ: STNE) is lighting up the market with its gains, and the Brazilian company's performance offers some new perspective on the state of the global economy.
The digital payments, e-commerce, and finance company that Warren Buffett has a 5% stake in rises even as the economic situation in Brazil decays.
GEORGE TOWN, Grand Cayman, May 27, 2020 -- StoneCo Ltd. (NASDAQ: STNE) (“Stone” or the “Company”) announced that its Board of Directors resolved, on its meeting of May 21,.
The shares of StoneCo Ltd. (NASDAQ: STNE) surged in the after-hours session on Tuesday, as the Brazilian financial technology company reported earnings for its first quarter ending March.Q1 Earnings StoneCo posted a total revenue of $134 million, up 33% from the $100.2 million reported in the same quarter a year ago.The earnings per share for the quarter stood at 11 cents, slightly lower than the 12 cents EPS posted a year ago.StoneCo said total payment volume increased 42.1% year-on-year to $7 billion, giving investors a cause for optimism.View more earnings on STNEIt further noted that the TPV had increased 52% YoY by mid-March, before being impacted by the novel coronavirus (COVID-19) pandemic.The lockdowns imposed to curb the spread of the virus forced many of its clients to suspend operations, either partially or completely, according to StoneCo.Warren Buffet's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) holds a stake in the fintech company.Price Action StoneCo shares traded 27.3% higher in the after-hours session at $34, after closing the regular session 9.2% higher at $26.70.See more from Benzinga * 'FAANG Stocks Are Strong Once Again,' Facebook, Amazon, Netflix Hit Record Highs Last Week * Goldman Sachs Plans To Expand Cash Management To Europe Despite Coronavirus Impact * Novavax Begins Phase 1 Clinical Trial Of Its Coronavirus Vaccine(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
GEORGE TOWN, Grand Cayman, May 26, 2020 -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants.
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.
A handful of budding Latin American e-commerce companies are getting a boost as Covid-19 keeps consumers away from brick-and-mortar stores.
What happened Shares of Brazilian fintech company StoneCo (NASDAQ: STNE) steadily fell on Tuesday, after the company announced big cuts to its workforce. The stock closed 12% down for the day. For StoneCo shareholders, today's drop adds to the pain.
Warren Buffett-backed IPO stock StoneCo has dismissed 20% of its staff as the impact of coronavirus takes its toll on the Brazilian payments sector.
A press release with first quarter 2020 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S. Callers from Brazil can dial +55 11 3181-8565.
Those holding StoneCo (NASDAQ:STNE) shares must be pleased that the share price has rebounded 43% in the last thirty...
GEORGE TOWN, Grand Cayman, April 29, 2020 -- StoneCo Ltd. (NASDAQ: STNE) (“Stone”) announces that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) its.
One thing we could say about the analysts on StoneCo Ltd. (NASDAQ:STNE) - they aren't optimistic, having just made a...
Market forces rained on the parade of StoneCo Ltd. (NASDAQ:STNE) shareholders today, when the analysts downgraded...
To the annoyance of some shareholders, StoneCo (NASDAQ:STNE) shares are down a considerable 48% in the last month...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...