PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have been given an average rating of “Moderate Buy” by the eight analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $16.44.

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group raised PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Wednesday, June 26th. Barclays increased their target price on PagSeguro Digital from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, April 29th. UBS Group dropped their price target on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating for the company in a research note on Monday, July 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of PagSeguro Digital from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, June 17th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of PagSeguro Digital in the 1st quarter valued at approximately $30,000. Family Firm Inc. acquired a new stake in PagSeguro Digital in the second quarter valued at approximately $50,000. Covestor Ltd increased its holdings in shares of PagSeguro Digital by 11,990.2% during the first quarter. Covestor Ltd now owns 4,957 shares of the company’s stock worth $71,000 after buying an additional 4,916 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of PagSeguro Digital by 34.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,140 shares of the company’s stock worth $64,000 after buying an additional 1,330 shares in the last quarter. Finally, Principal Securities Inc. bought a new position in shares of PagSeguro Digital in the 4th quarter valued at $69,000. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Stock Performance

PAGS opened at $11.70 on Friday. The stock has a fifty day moving average of $12.21 and a 200-day moving average of $12.77. The company has a market capitalization of $3.86 billion, a P/E ratio of 10.54, a P/E/G ratio of 0.52 and a beta of 1.92. PagSeguro Digital has a fifty-two week low of $6.93 and a fifty-two week high of $14.98.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings data on Friday, May 24th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. PagSeguro Digital had a net margin of 10.70% and a return on equity of 14.51%. The business had revenue of $869.86 million during the quarter, compared to analysts’ expectations of $679.16 million. On average, equities research analysts predict that PagSeguro Digital will post 1.44 earnings per share for the current fiscal year.

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.