PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• PagSeguro Digital Ltd. has received an average consensus rating of "Moderate Buy" from analysts, with a target price of $11.36 for the next year.
• Despite a recent quarterly earnings report beating expectations with $0.31 EPS, revenue fell short of analysts’ predictions at $857.5 million.
• The company announced a $0.12 dividend, representing a 150.0% yield, with a payout ratio of 11.48%.

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have received an average rating of "Moderate Buy" from the ten analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $11.3571.

Several research firms have issued reports on PAGS. Barclays cut their target price on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. Citigroup raised PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their target price for the stock from $7.00 to $10.00 in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. raised their target price on PagSeguro Digital from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 16th. Finally, Susquehanna cut their target price on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research note on Wednesday, May 14th.

PagSeguro Digital Price Performance

NYSE PAGS opened at $8.53 on Tuesday. The company has a market cap of $2.81 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.58 and a beta of 1.57. The stock's 50 day simple moving average is $8.73 and its 200-day simple moving average is $8.48. PagSeguro Digital has a 1-year low of $6.11 and a 1-year high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. PagSeguro Digital had a return on equity of 15.43% and a net margin of 11.15%. The firm had revenue of $857.50 million during the quarter, compared to analysts' expectations of $914.45 million. On average, equities research analysts anticipate that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Friday, August 15th. Stockholders of record on Wednesday, July 16th will be issued a $0.12 dividend. This represents a dividend yield of 150.0%. The ex-dividend date of this dividend is Wednesday, July 16th. PagSeguro Digital's payout ratio is presently 11.48%.

Institutional Trading of PagSeguro Digital

Several institutional investors and hedge funds have recently made changes to their positions in PAGS. PNC Financial Services Group Inc. acquired a new position in PagSeguro Digital in the 1st quarter valued at about $26,000. GAMMA Investing LLC increased its position in PagSeguro Digital by 61.2% in the 2nd quarter. GAMMA Investing LLC now owns 3,510 shares of the company's stock valued at $34,000 after acquiring an additional 1,333 shares during the period. Mirae Asset Global Investments Co. Ltd. increased 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 acquiring an additional 4,435 shares during the period. CWM LLC increased its position in PagSeguro Digital by 78.1% in the 2nd quarter. CWM LLC now owns 4,073 shares of the company's stock valued at $39,000 after acquiring an additional 1,786 shares during the period. Finally, State of Wyoming increased its position in PagSeguro Digital by 32.8% in the 4th quarter. State of Wyoming now owns 6,436 shares of the company's stock valued at $40,000 after acquiring an additional 1,591 shares during the period. 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.

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