Brokerages Expect PagSeguro Digital Ltd (NYSE:PAGS) Will Announce Earnings of $0.26 Per Share

Wall Street brokerages expect PagSeguro Digital Ltd (NYSE:PAGS) to post $0.26 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for PagSeguro Digital’s earnings, with the lowest EPS estimate coming in at $0.24 and the highest estimate coming in at $0.28. PagSeguro Digital posted earnings per share of $0.22 in the same quarter last year, which would suggest a positive year-over-year growth rate of 18.2%. The firm is expected to issue its next quarterly earnings report after the market closes on Thursday, August 15th.

According to Zacks, analysts expect that PagSeguro Digital will report full-year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.12 to $1.22. For the next year, analysts expect that the firm will post earnings of $1.54 per share, with EPS estimates ranging from $1.43 to $1.65. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover PagSeguro Digital.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Tuesday, May 14th. The company reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.76. PagSeguro Digital had a return on equity of 18.15% and a net margin of 23.00%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. PagSeguro Digital’s revenue for the quarter was up 34.8% compared to the same quarter last year.



Several equities research analysts have commented on the company. Goldman Sachs Group assumed coverage on PagSeguro Digital in a report on Monday, June 10th. They issued a “buy” rating and a $40.00 target price on the stock. ValuEngine downgraded PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Evercore ISI started coverage on PagSeguro Digital in a report on Tuesday, July 16th. They set an “outperform” rating on the stock. Zacks Investment Research downgraded PagSeguro Digital from a “hold” rating to a “sell” rating in a report on Thursday, August 8th. Finally, Cantor Fitzgerald started coverage on PagSeguro Digital in a report on Friday, June 28th. They set an “overweight” rating and a $41.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.89.

PagSeguro Digital stock traded up $1.95 during mid-day trading on Tuesday, hitting $46.80. The company had a trading volume of 2,204,723 shares, compared to its average volume of 2,265,559. The business has a 50 day simple moving average of $43.65. PagSeguro Digital has a 12 month low of $17.02 and a 12 month high of $48.88. The company has a market capitalization of $15.03 billion, a P/E ratio of 53.18, a PEG ratio of 1.48 and a beta of 0.69.

Several large investors have recently made changes to their positions in PAGS. Flagship Harbor Advisors LLC purchased a new stake in PagSeguro Digital during the first quarter valued at $28,000. Marshall Wace LLP purchased a new stake in PagSeguro Digital during the first quarter valued at $60,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new stake in PagSeguro Digital during the second quarter valued at $79,000. Catamount Wealth Management purchased a new stake in PagSeguro Digital during the first quarter valued at $66,000. Finally, Tortoise Index Solutions LLC purchased a new stake in PagSeguro Digital during the first quarter valued at $71,000.

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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