PagSeguro Digital (NYSE:PAGS) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• Wall Street Zen upgraded PagSeguro Digital from "hold" to "buy," though the broader analyst mix remains a consensus Hold (three Buys, four Holds) with a $12.00 average price target.
• Shares opened at $9.88 (52‑week range $7.74–$12.32) and the company reported quarterly EPS of $0.43 beating estimates while revenue of $991.8M slightly missed consensus; PagSeguro carries a market cap of $3.25B and a P/E of 7.71.
• Insider activity: Director Luis Frias bought 498,500 shares for about $4.97M (a 22.9% increase in his stake), while Director Alexandre Magnani sold 200,000 shares for roughly $2.25M.

PagSeguro Digital (NYSE:PAGS - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of PagSeguro Digital from $13.00 to $12.00 and set a "neutral" rating on the stock in a research report on Monday, April 13th. UBS Group lifted their price objective on shares of PagSeguro Digital from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of PagSeguro Digital in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, PagSeguro Digital currently has an average rating of "Hold" and a consensus price target of $12.00.

PagSeguro Digital Price Performance

Shares of NYSE PAGS opened at $9.88 on Friday. The stock has a fifty day moving average price of $10.33 and a 200 day moving average price of $10.14. PagSeguro Digital has a 1-year low of $7.74 and a 1-year high of $12.32. The company has a market cap of $3.25 billion, a PE ratio of 7.71, a P/E/G ratio of 0.41 and a beta of 1.37.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted 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. PagSeguro Digital had a net margin of 10.37% and a return on equity of 16.20%. The firm had revenue of $991.79 million for the quarter, compared to analyst estimates of $1.03 billion. Analysts anticipate that PagSeguro Digital will post 1.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PagSeguro Digital news, Director Luis Frias purchased 498,500 shares of the firm's stock in a transaction that occurred on Friday, March 27th. The shares were purchased at an average cost of $9.96 per share, for a total transaction of $4,965,060.00. Following the completion of the purchase, the director directly owned 2,673,605 shares in the company, valued at $26,629,105.80. This represents a 22.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alexandre Mr Magnani sold 200,000 shares of PagSeguro Digital stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $11.26, for a total value of $2,252,000.00. Following the completion of the sale, the director owned 607,390 shares in the company, valued at approximately $6,839,211.40. This trade represents a 24.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Trading of PagSeguro Digital

A number of institutional investors have recently modified their holdings of the business. Waterfront Wealth Inc. boosted its stake in shares of PagSeguro Digital by 6.3% in the first quarter. Waterfront Wealth Inc. now owns 359,592 shares of the company's stock valued at $3,603,000 after buying an additional 21,156 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in PagSeguro Digital during the first quarter worth $566,000. Caitong International Asset Management Co. Ltd grew its holdings in PagSeguro Digital by 77.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company's stock valued at $40,000 after purchasing an additional 1,821 shares during the last quarter. DGS Capital Management LLC increased its position in shares of PagSeguro Digital by 8.7% in the fourth 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 in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of PagSeguro Digital in the fourth quarter valued at $144,000. 45.88% of the stock is currently owned by hedge funds and other institutional investors.

PagSeguro Digital Company Profile

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.

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