PagSeguro Digital Ltd. (NYSE:PAGS) Receives $11.88 Average PT from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $11.88.

A number of research firms have commented on PAGS. Barclays reduced their price objective on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and increased their price target for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd.

Institutional Trading of PagSeguro Digital

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. bought a new stake in PagSeguro Digital in the first quarter valued at $26,000. Signaturefd LLC increased its holdings in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock worth $29,000 after acquiring an additional 4,233 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in PagSeguro Digital by 626.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company's stock valued at $39,000 after purchasing an additional 4,435 shares during the last quarter. State of Wyoming boosted its stake in PagSeguro Digital by 32.8% during the 4th quarter. State of Wyoming now owns 6,436 shares of the company's stock valued at $40,000 after purchasing an additional 1,591 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in PagSeguro Digital by 166.9% in the 1st quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock worth $51,000 after purchasing an additional 4,180 shares during the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

Shares of NYSE PAGS traded down $0.28 during midday trading on Friday, reaching $9.69. 2,045,886 shares of the company's stock were exchanged, compared to its average volume of 4,384,156. PagSeguro Digital has a 52-week low of $6.11 and a 52-week high of $14.82. The business's fifty day moving average price is $8.44 and its two-hundred day moving average price is $7.73. The stock has a market capitalization of $3.19 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.05. The company had revenue of $875.27 million for the quarter, compared to the consensus estimate of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. Analysts predict that PagSeguro Digital will post 1.17 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.