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

PagSeguro Digital Ltd. (NYSE:PAGS) has received a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $15.11.

PAGS has been the topic of a number of research analyst reports. UBS Group decreased their price objective on shares of PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating on the stock in a report on Monday, July 8th. Barclays lowered their price target on PagSeguro Digital from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, August 22nd. The Goldman Sachs Group raised PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Wednesday, June 26th. Morgan Stanley reissued an “underweight” rating and issued a $6.50 target price (down previously from $14.00) on shares of PagSeguro Digital in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. lifted their price target on PagSeguro Digital from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, June 17th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in PagSeguro Digital in the 4th quarter worth about $54,522,000. TimesSquare Capital Management LLC acquired a new position in PagSeguro Digital during the first quarter worth approximately $3,665,000. Russell Investments Group Ltd. raised its stake in PagSeguro Digital by 95.2% during the first 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 during the period. Vanguard Group Inc. boosted its holdings in shares of PagSeguro Digital by 6.5% in the 1st quarter. Vanguard Group Inc. now owns 1,505,297 shares of the company’s stock valued at $21,496,000 after purchasing an additional 92,026 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of PagSeguro Digital by 1,136.0% during the 2nd quarter. SG Americas Securities LLC now owns 208,763 shares of the company’s stock valued at $2,440,000 after buying an additional 191,873 shares during the period. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 2.9 %

Shares of PAGS stock opened at $8.90 on Friday. The stock has a 50 day simple moving average of $11.45 and a 200-day simple moving average of $12.20. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 8.01, a price-to-earnings-growth ratio of 0.47 and a beta of 1.95. PagSeguro Digital has a 12-month low of $6.93 and a 12-month high of $14.98.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings data on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The firm had revenue of $874.38 million during the quarter, compared to analysts’ expectations 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 in the prior year, the business posted $0.26 earnings per share. On average, equities analysts forecast that PagSeguro Digital will post 1.19 earnings per share for the current fiscal year.

About PagSeguro Digital

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.