PagSeguro Digital Ltd. (NYSE:PAGS) Receives $12.90 Consensus PT from Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS) has been given an average rating of “Moderate Buy” by the twelve analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $12.33.

A number of equities research analysts have weighed in on PAGS shares. Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Citigroup reissued a “neutral” rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th.

PagSeguro Digital Price Performance

Shares of PagSeguro Digital stock opened at $8.54 on Friday. PagSeguro Digital has a 1 year low of $6.11 and a 1 year high of $14.82. The firm has a market cap of $2.81 billion, a PE ratio of 7.05, a PEG ratio of 0.51 and a beta of 2.04. The company has a 50 day simple moving average of $7.41 and a two-hundred day simple moving average of $7.78.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The company had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. As a group, research analysts anticipate that PagSeguro Digital will post 1.17 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PAGS. Signaturefd LLC increased its position in PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock valued at $29,000 after purchasing an additional 4,233 shares during the period. State of Wyoming increased its position in shares of PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock valued at $40,000 after buying an additional 1,591 shares during the period. Advisory Services Network LLC purchased a new position in shares of PagSeguro Digital during the 4th quarter worth approximately $66,000. Raymond James Financial Inc. purchased a new position in shares of PagSeguro Digital during the 4th quarter worth approximately $79,000. Finally, Wexford Capital LP purchased a new position in shares of PagSeguro Digital during the 4th quarter worth approximately $90,000. 45.88% of the stock is owned by hedge funds and other institutional investors.

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.