StoneCo Reports Stellar Performance and Strategic EvolutionStoneCo Ltd. (Nasdaq: NASDAQ:STNE ) has once again showcased its robust financial performance, closing the last quarter of 2023 with remarkable results that underscore its position as a leader in the financial technology sector. With a substantial increase in adjusted net profit, soaring revenues, and strategic advancements, StoneCo's trajectory reflects a company poised for sustained growth and innovation.
Financial Triumphs and Strategic Milestones:
StoneCo ( NASDAQ:STNE ) reported a staggering 177% increase in adjusted net profit, reaching R$564 million in the fourth quarter of 2023. This remarkable growth is complemented by a 20.1% year-over-year increase in total revenue, amounting to R$3.2 billion. Notably, the company achieved an adjusted EBT of R$638 million, marking a 17.2% rise compared to the same period in 2022.
The company's financial services revenue surged to R$2.87 billion in 4Q23, driven by the robust performance of micro, small, and medium-sized businesses (MSMB) clients. With a significant increase in transaction volume and a rise in take rates, StoneCo ( NASDAQ:STNE ) continues to solidify its position as a preferred financial partner for businesses across various sectors.
Innovative Solutions and Technological Advancements:
StoneCo's commitment to innovation is evident in its relentless pursuit of integrated software solutions across priority verticals such as Retail, Gas Stations, Food, and Pharmacies. The company's introduction of a new metric to assess payment volume within these verticals reflects its dedication to enhancing customer experience and driving growth.
Furthermore, StoneCo's strategic focus on building a robust technological platform encompassing payment processing, banking services, credit solutions, and software integration underscores its vision for the future. With investments in restructuring aimed at optimizing operations and driving efficiency, StoneCo ( NASDAQ:STNE ) is well-positioned to capitalize on emerging opportunities in the fintech landscape.
Founder Transition and Governance Renewal:
In a significant development, StoneCo announced the transition of its founder, André Street, from the Board of Directors, signaling a new chapter in the company's governance structure. As André Street and other key board members conclude their terms, new nominations, including Mauricio Luchetti and Gilberto Caldart, underscore a commitment to governance excellence and leadership continuity.
Looking Ahead:
As StoneCo embarks on its journey towards sustained growth and innovation, CEO Pedro Zinner reaffirms the company's strategic focus on integrating software solutions, expanding its technological capabilities, and harnessing the potential of payment matching, banking services, credit offerings, and software integration. With a strong financial position, a clear strategic roadmap, and a commitment to governance excellence, StoneCo is poised to shape the future of fintech and deliver long-term value to shareholders and stakeholders alike.
In conclusion, StoneCo's stellar performance in 2023, coupled with strategic advancements and governance renewal, exemplifies its resilience, vision, and unwavering commitment to driving innovation and value creation in the rapidly evolving fintech landscape.
STNE
STNE StoneCo Options Ahead of EarningsIf you haven`t bought STNE before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-3-22,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
STNE StoneCo Ltd Options Ahead of EarningsIf you haven`t bought STNE when the backed by Buffett company named executive from JPMorgan Chase:
or sold before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo Ltd prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
STNE StoneCo Options Ahead of EarningsIf you haven`t bought STNE when they named an executive from JPMorgan Chase backed by Buffett:
Or sold it here:
Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
STNE StoneCo Options Ahead of EarningsIf you haven`t sold STNE here:
Now Analyzing the options chain of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 12usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $0.45
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
STNE - Is it time to climb?STNE - Is it time to climb?
Above the average line 150MA + Met the line of resistance several times + Cup & Handle pattern
Is it time to break the channel upwards? - Potential of hundreds of percent up to an all-time high - Long term
Only an idea and not a recommendation for trading!
If STNE could break the multiple resistances...At this moment STONE is still correcting in a triangle. With limited chat reference, I don't have any insight which which way it will break through. All I know is if it could break through the multiple upward resistances, that will be a solid ground and kiss good bye.
STNE - Preparing for a Parabolic MoveBoth the chart pattern & recovering financial performance show that STNE is preparing for a parabolic move.
I was wondering why this Brazilian Fintech Company, which had stunning financial performance in the previous years, nosedived from 90 to 10 in hardly one year.
A decrease of almost 90% - that's scary for every investor. The reason I found is the bad debts - when macroeconomic situation of Brazil worsened people couldn't pay their debts. But now the STNE is recovering on the back surprising quarterly results and whopping estimates about future earnings.
Let's discuss important strengths of STNE:
TECHNICALS:
Stock entered accumulation zone in March 2022 and is swinging between price range of 12 to 7 for the last 7 months. It is forming ascending triangle but still breakout hasn't occurred and Golden Cross is also awaited. Average volume has increased but big spikes which show institutional buying are also not yet witnessed.
FUNDAMENTALS:
Recent quarter has been tremendously good for STNE. Its post quarter income increased 140% and its revenues increased 10%. One surprising aspect about STNE is that its topline growth has never stopped despite negative incomes in many trailing quarters. Company's revenues increased 110% in Trailing Twelve Months (TTM) because of increasing number of customers and inspiring performance of its core payment-processing system. Its earnings estimate of $0.35 per share represents a change of +191.67% from the year-ago number.
Another positive aspect is that Warren Buffet has this stock in his portfolio due to its high risk-reward potential.
Hence, I am keeping this stock in strict monitoring and waiting for breakout and golden cross. Another good quarter of earnings can be real fuel for its market performance.
STNE StoneCo Ltd Options Ahead of EarningsLooking at the STNE StoneCo Ltd options chain ahead of earnings , i would buy the $10 strike price Puts with
2022-11-18 expiration date for about
$0.45 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
$STNE ShortConfirmed triple daily bearish divergence, price has broken demand line of a rising wedge pattern.
Targeting two volume shelves which lie on the 0.382 & 0.618 fibonacci levels.
Longer term position targeting a fill of the daily gap.
#STNE
StoneCo (STNE) following exactly: Wall street Cheat sheet Hello Traders / Investors
Seems like Wall st. Cheat sheet is CORRECT. Sad for me I realized it too late and missed some profits in last weeks.
Considering my DXY Elliot Wave coun, my expectation is another drop of STNE price where wave C will be 1.618 of A = Price around 5.5 USD. (Best place to buy some shares + Also watch Konvergence of RSI on 1D/1W TF).
ritholtz.com
Learning every day.
Trade safe, take care and enjoy the ride.
STNE backed by Buffett, names executive from JPMorgan ChaseSTNE StoneCo is a Brazilian payment-technology firm backed by Warren Buffett’s Berkshire Hathaway.
STNE is down 90% from the peak they hit in February 2021.
After another earnings miss, StoneCo named new senior managers one of them being the head of treasury, Diego Salgado, a former JPMorgan Chase & Co. director for Latin America debt capital markets.
My take profit area is between 15.60 and 19 usd.
Stoneco (1D) - Still overpriced ? Approaching Buy zone Hi Traders,
This time I will share my thoughts about Stone.co (STNE) - which seems like very nice company ... a.k.a enhanced copy of Square in Brazil with some features and merged subcompanies (which they bought).
Fundamentally I really like the company. Also both Waren Buffet and Cathie Wood owns this stock.
But is it still overpriced ? P/E is currently around 47. (With assumed Earnings for 3Q21 - End of November 21).
So price can still go down a lot for +- 1 month...
And here is my investment / trading plan according to Elliot wave analysis: Price is forming most likely last impulsive wave down - With target around 20-25 USD = Ideal buy zone.
Wait for 1D / 8H / 4H RSI Konvergence.
Do your own research and trade safe with stop loss. ;)
Enjoy the game.
Fintech Bargain HuntDue to several factors the fintech sector has been serverely beaten up over the last few months. While some of the fintech names were way overvalued and a pullback needed, there are still quite a few good businesses within the same space and are going for relatively good value. Remember 'value' is in the eye of the beholder and should not be viewed separately from the growth and appeal the company has. At the most, they allow us to pick out the good quality businesses
happy bargain hunting
STNE more room to fall; entry 17.17 - 20.39; PT 23.41 29.10 35.2STNE has had a very rough year, more so than many Brazilian stocks. PAGS has been choppy but is still profitable earnings wise, and seems to be in the lead. I have a position in PAGS, and I'm now looking to enter a position on STNE. Strong supports at 17.17 and 20.39; will DCA into shares slowly as I wait for a reversal candle on the daily (confirmation of buy pressure), and accumulate up to 20.39. Potential in short term for 23.41, longer for 35+. Don't know if it will ever kiss 80+ again, but it seems like a low risk to high reward as oversold as the RSI currently is. Wait for sell volume taper, enter, and hold to your targets.
Not financial advice, good luck out there.
StoneCo (STNE) | Warren Buffet Stock To BUY!Hi,
StoneCo is one of them that is on the Berkshire Hatheway list. Warren Buffett's advice to be "fearful when others are greedy and greedy when others are fearful" is probably one of the world's most famous and frequently repeated investing quotes. Considering that, STNE looks promising.
StoneCo is a leading provider of payment-processing and other financial technology services in Brazil, but the company's share price has been crushed by what could be described as a perfect storm of headwinds. In addition to inflation and political concerns, regulatory changes in the country have dampened the performance and outlook for the company's credit business.
The company's share price is now down roughly 67% from the high that it hit earlier this year, and many investors appear to have given up on the stock. I think that's probably premature, and I'll be adding it to my holdings in the near future.
When it comes to growth stocks, I like to look for companies that are on track to benefit from powerful long-term trends. StoneCo certainly fits the bill. Cash is still a more popular payment method than credit cards and mobile payments in Brazil, but that's starting to change, and StoneCo is helping businesses adapt to the shift. E-commerce is also on track for huge growth in Brazil and other Latin American markets, and the fintech specialist stands out as an appealing "pick and shovel" stock for benefiting from the trend.
While the overall stock market continues to look volatile, StoneCo looks attractively valued and has big upside at current prices. Pushing through the fear surrounding the stock could prove very rewarding for patient investors.
Considering long-term goals and considering that it is technically inside a quite strong buying zone I can recommend it here as an idea for you.
Do your own research!
Regards,
Vaido