PagSeguro Digital (NYSE:PAGS) PT Raised to $15.00

PagSeguro Digital (NYSE:PAGSGet Free Report) had its price objective boosted by stock analysts at JPMorgan Chase & Co. from $14.00 to $15.00 in a research note issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 34.65% from the company’s current price.

Several other research firms have also weighed in on PAGS. Citigroup boosted their target price on PagSeguro Digital from $13.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, March 20th. New Street Research upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $15.00 to $18.00 in a report on Monday, March 18th. Cantor Fitzgerald boosted their target price on PagSeguro Digital from $14.00 to $16.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. Evercore ISI upgraded PagSeguro Digital from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $12.00 to $18.00 in a report on Tuesday, March 26th. Finally, Barclays upped their price target on PagSeguro Digital from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, April 29th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.10.

Read Our Latest Analysis on PagSeguro Digital

PagSeguro Digital Stock Down 2.3 %

Shares of PAGS opened at $11.14 on Monday. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 10.04, a price-to-earnings-growth ratio of 0.48 and a beta of 1.97. The company’s fifty day moving average is $12.23 and its 200-day moving average is $12.63. PagSeguro Digital has a 12 month low of $6.93 and a 12 month high of $14.98.

PagSeguro Digital (NYSE:PAGSGet Free Report) last announced its quarterly earnings results on Friday, May 24th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $869.86 million during the quarter, compared to analysts’ expectations of $679.16 million. PagSeguro Digital had a return on equity of 14.51% and a net margin of 10.70%. As a group, research analysts predict that PagSeguro Digital will post 1.46 earnings per share for the current fiscal year.

Institutional Trading of PagSeguro Digital

A number of large investors have recently bought and sold shares of the stock. Headlands Technologies LLC bought a new stake in shares of PagSeguro Digital during the first quarter worth $30,000. Covestor Ltd grew its holdings in shares of PagSeguro Digital by 11,990.2% during the first quarter. Covestor Ltd now owns 4,957 shares of the company’s stock worth $71,000 after purchasing an additional 4,916 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of PagSeguro Digital by 34.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,140 shares of the company’s stock worth $64,000 after purchasing an additional 1,330 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of PagSeguro Digital during the fourth quarter worth $69,000. Finally, Canton Hathaway LLC bought a new stake in shares of PagSeguro Digital during the fourth quarter worth $69,000. 45.88% of the stock is currently owned by institutional investors.

About PagSeguro Digital

(Get Free Report)

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.

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