PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• PagSeguro Digital Ltd. has received a consensus rating of "Hold" from nine research firms, with five analysts rating it as a hold and four as a buy.
• The company's stock opened at $9.59, with a 52-week price range between $6.11 and $11.16.
• PagSeguro recently declared a dividend of $0.12 per share, with the ex-dividend date having been October 6th.

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has been given a consensus recommendation of "Hold" by the nine research firms that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $11.8333.

A number of equities research analysts recently issued reports on PAGS shares. Weiss Ratings restated a "hold (c)" rating on shares of PagSeguro Digital in a research note on Saturday. Bank of America upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their price target for the company from $10.00 to $13.00 in a research report on Friday, September 19th. JPMorgan Chase & Co. upped their price target on PagSeguro Digital from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Wall Street Zen cut PagSeguro Digital from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 4th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $9.00 price target (down from $12.00) on shares of PagSeguro Digital in a research report on Tuesday, October 14th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. purchased a new position in shares of PagSeguro Digital during the first quarter worth about $26,000. GAMMA Investing LLC grew its holdings in shares of PagSeguro Digital by 61.2% during the second quarter. GAMMA Investing LLC now owns 3,510 shares of the company's stock worth $34,000 after purchasing an additional 1,333 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of PagSeguro Digital by 626.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company's stock worth $39,000 after purchasing an additional 4,435 shares in the last quarter. CWM LLC grew its holdings in shares of PagSeguro Digital by 78.1% during the second quarter. CWM LLC now owns 4,073 shares of the company's stock worth $39,000 after purchasing an additional 1,786 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of PagSeguro Digital during the third quarter worth about $46,000. Hedge funds and other institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

Shares of PagSeguro Digital stock opened at $9.59 on Friday. PagSeguro Digital has a 52-week low of $6.11 and a 52-week high of $11.16. The stock's 50-day simple moving average is $9.36 and its 200 day simple moving average is $9.06. The stock has a market capitalization of $3.16 billion, a P/E ratio of 7.73, a P/E/G ratio of 0.49 and a beta of 1.57.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its quarterly earnings data on Thursday, August 14th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.03. PagSeguro Digital had a return on equity of 15.52% and a net margin of 11.04%.The business had revenue of $930.17 million for the quarter, compared to analysts' expectations of $901.10 million. Equities research analysts forecast that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Cuts Dividend

The business also recently declared a -- dividend, which will be paid on Monday, November 3rd. Stockholders of record on Monday, October 6th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, October 6th. PagSeguro Digital's dividend payout ratio is currently 11.29%.

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.

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