PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Shares have a consensus recommendation of Moderate Buy from nine brokerages (five buys, four holds) with an average 12‑month target of $11.86, and UBS recently raised its target to $14.
• In the latest quarter PagSeguro slightly beat EPS expectations ($0.43 vs. $0.42) but missed revenue estimates ($991.8M vs. $1.03B); the stock trades at a PE of 7.79 with a market cap near $3.28 billion.
• The company declared a quarterly dividend of $0.26 (annualized $1.04), implying a 10.4% yield with an ex‑dividend date of April 22 and payment on June 1.

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine brokerages that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $11.8571.

Several research firms recently commented on PAGS. UBS Group increased their target price on PagSeguro Digital from $13.00 to $14.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Wall Street Zen cut PagSeguro Digital from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of PagSeguro Digital in a report on Thursday, January 22nd.

Institutional Trading of PagSeguro Digital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its holdings in shares of PagSeguro Digital by 77.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company's stock valued at $40,000 after buying an additional 1,821 shares in the last quarter. DGS Capital Management LLC grew its position in shares of PagSeguro Digital by 8.7% in the 4th quarter. DGS Capital Management LLC now owns 15,814 shares of the company's stock valued at $152,000 after buying an additional 1,271 shares during the last quarter. Virtu Financial LLC acquired a new stake in PagSeguro Digital during the 4th quarter worth $144,000. Vident Advisory LLC raised its stake in PagSeguro Digital by 29.1% during the 4th quarter. Vident Advisory LLC now owns 15,233 shares of the company's stock worth $147,000 after acquiring an additional 3,431 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its position in PagSeguro Digital by 141.7% in the fourth quarter. Mackenzie Financial Corp now owns 240,262 shares of the company's stock valued at $2,336,000 after acquiring an additional 140,864 shares during the last quarter. Institutional investors and hedge funds own 45.88% of the company's stock.

PagSeguro Digital Stock Down 0.3%

NYSE PAGS opened at $9.97 on Wednesday. PagSeguro Digital has a 52 week low of $7.36 and a 52 week high of $12.32. The firm has a 50 day moving average of $10.54 and a two-hundred day moving average of $10.01. The stock has a market capitalization of $3.28 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 0.41 and a beta of 1.38.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.01. The business had revenue of $991.79 million for the quarter, compared to analyst estimates of $1.03 billion. PagSeguro Digital had a net margin of 10.37% and a return on equity of 16.20%. On average, equities research analysts expect that PagSeguro Digital will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, April 22nd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Wednesday, April 22nd. PagSeguro Digital's dividend payout ratio is 10.94%.

About PagSeguro Digital

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company's product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.