PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have earned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $14.20.

PAGS has been the subject of a number of research analyst reports. Barclays reduced their target price on PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 15th. Itau BBA Securities lowered PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 target price for the company. in a research note on Tuesday, October 1st. Cantor Fitzgerald upgraded PagSeguro Digital to a “strong-buy” rating in a research note on Thursday, October 3rd. Morgan Stanley reiterated an “underweight” rating and set a $6.50 price objective (down previously from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. Finally, The Goldman Sachs Group reduced their price objective on PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Algert Global LLC purchased a new position in PagSeguro Digital in the 2nd quarter worth approximately $1,212,000. Russell Investments Group Ltd. lifted its stake in PagSeguro Digital by 95.2% in the 1st quarter. Russell Investments Group Ltd. now owns 1,281,587 shares of the company’s stock worth $18,316,000 after purchasing an additional 625,023 shares in the last quarter. Vanguard Group Inc. lifted its stake in PagSeguro Digital by 6.5% in the 1st quarter. Vanguard Group Inc. now owns 1,505,297 shares of the company’s stock worth $21,496,000 after purchasing an additional 92,026 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its stake in PagSeguro Digital by 768.4% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 725,100 shares of the company’s stock worth $8,476,000 after purchasing an additional 641,600 shares in the last quarter. Finally, New Century Financial Group LLC purchased a new position in PagSeguro Digital in the 3rd quarter worth approximately $641,000. 45.88% of the stock is owned by hedge funds and other institutional investors.

PagSeguro Digital Price Performance

Shares of PAGS stock opened at $7.64 on Friday. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 0.42 and a beta of 1.95. The business has a fifty day moving average of $8.50 and a 200 day moving average of $10.93. PagSeguro Digital has a 1 year low of $7.56 and a 1 year high of $14.98.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The company had revenue of $874.38 million during the quarter, compared to analyst estimates of $816.34 million. PagSeguro Digital had a return on equity of 14.97% and a net margin of 10.93%. During the same quarter last year, the business posted $0.26 EPS. As a group, equities research analysts expect that PagSeguro Digital will post 1.19 earnings per share for the current year.

PagSeguro Digital Company Profile

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.