PagSeguro Digital Ltd. (NYSE:PAGS – Get Rating) has received a consensus rating of “Hold” from the sixteen research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $16.91.
→ Is This The End of Capitalism? (From Porter & Company)
A number of equities research analysts recently issued reports on PAGS shares. Cantor Fitzgerald decreased their price objective on shares of PagSeguro Digital from $20.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, December 23rd. Evercore ISI decreased their price objective on shares of PagSeguro Digital from $16.00 to $13.00 in a report on Wednesday, November 23rd. Wells Fargo & Company decreased their price objective on shares of PagSeguro Digital from $14.00 to $9.50 and set an “equal weight” rating for the company in a report on Monday, January 9th. New Street Research raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and cut their target price for the stock from $22.00 to $17.00 in a research report on Wednesday, December 21st. Finally, JPMorgan Chase & Co. lowered shares of PagSeguro Digital from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $16.00 to $12.00 in a research report on Tuesday, November 29th.
PagSeguro Digital Stock Up 1.1 %
PagSeguro Digital stock opened at $10.44 on Monday. The company’s fifty day simple moving average is $9.18 and its 200-day simple moving average is $12.17. PagSeguro Digital has a 12 month low of $7.51 and a 12 month high of $23.29. The stock has a market cap of $3.44 billion, a P/E ratio of 13.05, a P/E/G ratio of 1.23 and a beta of 1.47.
PagSeguro Digital (NYSE:PAGS – Get Rating) last posted its quarterly earnings results on Tuesday, November 22nd. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. PagSeguro Digital had a net margin of 9.57% and a return on equity of 18.02%. The business had revenue of $770.41 million for the quarter, compared to analysts’ expectations of $781.75 million. On average, equities research analysts expect that PagSeguro Digital will post 0.9 earnings per share for the current fiscal year.
Hedge Funds Weigh In On PagSeguro Digital
Several large investors have recently bought and sold shares of the business. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in PagSeguro Digital by 10.7% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 10,798 shares of the company’s stock valued at $111,000 after buying an additional 1,045 shares during the period. Advisors Asset Management Inc. raised its holdings in PagSeguro Digital by 28.0% in the third quarter. Advisors Asset Management Inc. now owns 5,745 shares of the company’s stock worth $76,000 after purchasing an additional 1,256 shares during the period. HighTower Advisors LLC raised its holdings in PagSeguro Digital by 8.7% in the first quarter. HighTower Advisors LLC now owns 21,809 shares of the company’s stock worth $436,000 after purchasing an additional 1,748 shares during the period. Sei Investments Co. raised its holdings in PagSeguro Digital by 0.7% in the first quarter. Sei Investments Co. now owns 269,645 shares of the company’s stock worth $5,403,000 after purchasing an additional 1,884 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in PagSeguro Digital by 199.0% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 3,005 shares of the company’s stock worth $31,000 after purchasing an additional 2,000 shares during the period. 52.50% of the stock is currently owned by institutional investors and hedge funds.
About PagSeguro Digital
PagSeguro Digital Ltd. is engaged in the provision of financial technology solutions focused on consumers, individual entrepreneurs, micro-merchants, small companies and medium-sized companies in Brazil. Its business model covers the following pillars: Multiple digital payment solutions; In-person payments via POS devices that sell to merchants; Free digital accounts; Issuer of prepaid cards to clients for spending or withdrawing account balances, and Operating as an acquirer.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider PagSeguro Digital, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and PagSeguro Digital wasn’t on the list.
While PagSeguro Digital currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
