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StoneCo Ltd. (STNE) Stock Falls Amid Market Uptick: What Investors Need to Know
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In the latest close session, StoneCo Ltd. (STNE - Free Report) was down 2.26% at $9.53. The stock fell short of the S&P 500, which registered a gain of 0.17% for the day. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.4%.
Shares of the company witnessed a gain of 6.44% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.37%, and the S&P 500's loss of 1.29%.
The investment community will be paying close attention to the earnings performance of StoneCo Ltd. in its upcoming release. It is anticipated that the company will report an EPS of $0.49, marking a 13.95% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $701.6 million, up 7.16% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.22 per share and a revenue of $2.83 billion, signifying shifts of +37.04% and +7.09%, respectively, from the last year.
Any recent changes to analyst estimates for StoneCo Ltd. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.48% downward. StoneCo Ltd. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, StoneCo Ltd. is holding a Forward P/E ratio of 4.4. This represents a discount compared to its industry average Forward P/E of 20.16.
Meanwhile, STNE's PEG ratio is currently 0.27. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.14 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 78, this industry ranks in the top 32% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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StoneCo Ltd. (STNE) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, StoneCo Ltd. (STNE - Free Report) was down 2.26% at $9.53. The stock fell short of the S&P 500, which registered a gain of 0.17% for the day. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.4%.
Shares of the company witnessed a gain of 6.44% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.37%, and the S&P 500's loss of 1.29%.
The investment community will be paying close attention to the earnings performance of StoneCo Ltd. in its upcoming release. It is anticipated that the company will report an EPS of $0.49, marking a 13.95% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $701.6 million, up 7.16% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.22 per share and a revenue of $2.83 billion, signifying shifts of +37.04% and +7.09%, respectively, from the last year.
Any recent changes to analyst estimates for StoneCo Ltd. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.48% downward. StoneCo Ltd. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, StoneCo Ltd. is holding a Forward P/E ratio of 4.4. This represents a discount compared to its industry average Forward P/E of 20.16.
Meanwhile, STNE's PEG ratio is currently 0.27. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.14 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 78, this industry ranks in the top 32% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.