PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have received a consensus recommendation of “Moderate Buy” from the ten brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $14.50.

A number of equities analysts have weighed in on PAGS shares. Barclays reduced their price objective on shares of PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday. The Goldman Sachs Group raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, June 26th. Morgan Stanley reiterated an “underweight” rating and set a $6.50 price objective (down from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. UBS Group decreased their target price on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating on the stock in a research report on Monday, July 8th. Finally, Itau BBA Securities cut PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 price target for the company. in a research report on Tuesday, October 1st.

Institutional Investors Weigh In On PagSeguro Digital

Hedge funds have recently modified their holdings of the company. Headlands Technologies LLC acquired a new stake in PagSeguro Digital during the first quarter worth $30,000. Y.D. More Investments Ltd increased its position in shares of PagSeguro Digital by 82.5% during the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock worth $47,000 after purchasing an additional 1,800 shares during the last quarter. Family Firm Inc. purchased a new stake in PagSeguro Digital in the 2nd quarter valued at about $50,000. Covestor Ltd lifted its position in PagSeguro Digital by 11,990.2% in the first quarter. Covestor Ltd now owns 4,957 shares of the company’s stock valued at $71,000 after buying an additional 4,916 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in PagSeguro Digital during the second quarter worth about $74,000. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Stock Down 1.6 %

Shares of PagSeguro Digital stock opened at $8.24 on Wednesday. The firm has a market cap of $2.71 billion, a PE ratio of 7.42, a P/E/G ratio of 0.42 and a beta of 1.94. PagSeguro Digital has a twelve month low of $6.93 and a twelve month high of $14.98. The business has a 50-day moving average price of $10.29 and a 200 day moving average price of $11.67.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $874.38 million for 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 period last year, the company earned $0.26 earnings per share. On average, sell-side analysts expect that PagSeguro Digital will post 1.19 EPS 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.