|Bid||47.79 x 3100|
|Ask||47.80 x 900|
|Day's range||47.33 - 48.71|
|52-week range||17.72 - 49.20|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||254.57|
|Earnings date||26 May 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||38.10|
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.
While value stocks with low earnings multiples and high dividend yields have traditionally held up better during periods of economic volatility, growth stocks have been the best performers amid this year's unprecedented conditions. Second-quarter results are rolling in, and tech-focused growth companies are crushing expectations and proving they're positioned to thrive amid the fast-changing realities of the global economy. A staggering 96% of tech companies that have reported second-quarter results have beaten the market's expectations, according to Refinitiv.
It's clear that large swaths of the economy have become redundant in this new digital era, and the future favors more nimble and technology-driven enterprise like never before. Three that are worth a look right now are Livongo Health (NASDAQ: LVGO), Universal Display (NASDAQ: OLED), and StoneCo (NASDAQ: STNE).