Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. StoneCo Ltd.
  6. News
  7. Summary
    STNE   KYG851581069

STONECO LTD.

(STNE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Brazil antitrust official says Stone-Linx deal should be approved

06/16/2021 | 01:46pm EDT

BRASILIA, June 16 (Reuters) - The official at Brazil's antitrust agency CADE studying the Stone-Linx deal said on Monday it should be "approved without restrictions."

Financial technology solutions company StoneCo is seeking to buy Brazilian software company Linx, a takeover objected to by rivals like Cielo and Safra arguing it could lead to a loss of clients to Stone as a payments processor.

"The operation deserves to be approved without restrictions," CADE's Sergio Ravagnani said in his judgment.

(Reporting by Alberto Alerigi Editing by Chris Reese)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CIELO S.A. -0.29% 3.43 End-of-day quote.-14.25%
LINX S.A. -0.27% 37.4 End-of-day quote.-0.16%
STONECO LTD. 1.52% 59.46 Delayed Quote.-30.21%
All news about STONECO LTD.
07/16STONECO : Notice to Shareholders, filed by Linx with the Brazilian Securities Co..
PU
07/15STONECO : INCORPORATION BY REFERENCE (Form 6-K)
PU
07/15STONECO LTD : . Announces New Member of the Board of Directors
AQ
07/15StoneCo Ltd. Announces Board Changes
CI
07/14A simple way to invest in an emerging theme
07/06STONECO : Notice to Shareholders, filed by Linx with the Brazilian Securities Co..
PU
07/02STONECO : Material Fact, filed by Linx with the Brazilian Securities Commission ..
PU
06/30STONECO : UBS Adjusts StoneCo's Price Target to $85 From $87, Reiterates Buy Rat..
MT
06/25STONECO LTD.(NASDAQGS : STNE) dropped from Russell 2500 Growth Index
CI
06/25STONECO LTD.(NASDAQGS : STNE) added to Russell Small Cap Comp Value Index
CI
More news
Financials
Sales 2021 5 252 M 1 010 M 1 010 M
Net income 2021 1 426 M 274 M 274 M
Net cash 2021 1 283 M 247 M 247 M
P/E ratio 2021 11,6x
Yield 2021 0,14%
Capitalization 18 398 M 18 398 M 3 538 M
EV / Sales 2021 3,26x
EV / Sales 2022 2,22x
Nbr of Employees 7 239
Free-Float 69,3%
Chart STONECO LTD.
Duration : Period :
StoneCo Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STONECO LTD.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 59,46 BRL
Average target price 446,82 BRL
Spread / Average Target 651%
EPS Revisions
Managers and Directors
Thiago dos Santos Piau Chief Executive Officer
Augusto Barbosa Estellita Lins President
Marcelo Bastianello Baldin VP-Finance & Principal Accounting Officer
André Street de Aguiar Chairman
Felipe Salvini Bourrus Chief Technology Officer
Sector and Competitors
1st jan.Capi. (M$)
STONECO LTD.-30.21%20 870
FIDELITY NATIONAL INFORMATION SERVICES, INC.3.29%91 140
ADYEN N.V.19.71%72 797
WORLDLINE6.76%26 973
FUTU HOLDINGS LIMITED194.38%24 786
BROADRIDGE FINANCIAL SOLUTIONS, INC.11.32%18 660