PagSeguro Digital Ltd (PAGS) Expected to Announce Earnings of $0.25 Per Share

Brokerages expect that PagSeguro Digital Ltd (NYSE:PAGS) will announce earnings of $0.25 per share for the current quarter, Zacks reports. Three analysts have made estimates for PagSeguro Digital’s earnings, with the highest EPS estimate coming in at $0.26 and the lowest estimate coming in at $0.24. The business is expected to report its next quarterly earnings results on Thursday, March 14th.

On average, analysts expect that PagSeguro Digital will report full year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.76 to $0.89. For the next year, analysts forecast that the business will post earnings of $1.22 per share, with EPS estimates ranging from $1.15 to $1.32. Zacks’ EPS averages are an average based on a survey of research analysts that cover PagSeguro Digital.

Several equities analysts recently issued reports on PAGS shares. ValuEngine cut PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. Zacks Investment Research upgraded PagSeguro Digital from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. Citigroup upgraded PagSeguro Digital from a “sell” rating to a “neutral” rating in a report on Tuesday, November 13th. Deutsche Bank dropped their price target on PagSeguro Digital from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, August 31st. Finally, KeyCorp dropped their price target on PagSeguro Digital from $42.00 to $35.00 and set an “overweight” rating on the stock in a research report on Friday, November 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. PagSeguro Digital currently has a consensus rating of “Buy” and a consensus price target of $33.75.



A number of institutional investors have recently made changes to their positions in the stock. Partner Investment Management L.P. raised its position in PagSeguro Digital by 76.1% in the 2nd quarter. Partner Investment Management L.P. now owns 8,981 shares of the company’s stock valued at $249,000 after buying an additional 3,880 shares during the last quarter. Legal & General Group Plc raised its position in PagSeguro Digital by 13.7% in the 3rd quarter. Legal & General Group Plc now owns 45,449 shares of the company’s stock valued at $1,258,000 after buying an additional 5,464 shares during the last quarter. Pinnacle Associates Ltd. raised its position in PagSeguro Digital by 84.9% in the 2nd quarter. Pinnacle Associates Ltd. now owns 12,525 shares of the company’s stock valued at $348,000 after buying an additional 5,750 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in PagSeguro Digital in the 2nd quarter valued at approximately $191,000. Finally, Zions Bancorporation acquired a new stake in PagSeguro Digital in the 2nd quarter valued at approximately $256,000.

PagSeguro Digital stock opened at $21.21 on Tuesday. The stock has a market capitalization of $2.67 billion and a P/E ratio of 37.21. PagSeguro Digital has a 12-month low of $20.02 and a 12-month high of $39.97.

About PagSeguro Digital

PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.

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Earnings History and Estimates for PagSeguro Digital (NYSE:PAGS)

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