PagSeguro Digital Ltd (NYSE:PAGS) Expected to Announce Earnings of $0.30 Per Share

Analysts expect PagSeguro Digital Ltd (NYSE:PAGS) to post earnings of $0.30 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for PagSeguro Digital’s earnings. The lowest EPS estimate is $0.27 and the highest is $0.33. PagSeguro Digital reported earnings of $0.24 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 25%. The business is scheduled to announce its next quarterly earnings results after the market closes on Tuesday, November 19th.

According to Zacks, analysts expect that PagSeguro Digital will report full-year earnings of $1.13 per share for the current financial year, with EPS estimates ranging from $1.07 to $1.19. For the next financial year, analysts expect that the firm will post earnings of $1.50 per share, with EPS estimates ranging from $1.34 to $1.72. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover PagSeguro Digital.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Thursday, August 15th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.01. PagSeguro Digital had a net margin of 23.12% and a return on equity of 18.82%. The firm had revenue of $354.49 million for the quarter, compared to the consensus estimate of $332.31 million.

Several equities analysts have recently issued reports on PAGS shares. Zacks Investment Research downgraded shares of PagSeguro Digital from a “hold” rating to a “sell” rating in a report on Wednesday. Deutsche Bank increased their price target on shares of PagSeguro Digital from $40.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Credit Suisse Group upgraded shares of PagSeguro Digital from an “underperform” rating to a “neutral” rating in a report on Monday, July 22nd. HSBC upgraded shares of PagSeguro Digital from a “hold” rating to a “buy” rating in a report on Monday. Finally, KeyCorp cut their price target on shares of PagSeguro Digital from $60.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $42.20.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Rational Advisors LLC acquired a new position in PagSeguro Digital in the 3rd quarter valued at $1,355,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of PagSeguro Digital in the 3rd quarter worth $116,000. Catalyst Capital Advisors LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter worth $1,982,000. Delta Investment Management LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter worth $2,118,000. Finally, C WorldWide Group Holding A S increased its stake in shares of PagSeguro Digital by 90.1% in the 3rd quarter. C WorldWide Group Holding A S now owns 9,391 shares of the company’s stock worth $435,000 after acquiring an additional 4,450 shares during the last quarter. 53.72% of the stock is owned by hedge funds and other institutional investors.

PAGS opened at $36.50 on Tuesday. PagSeguro Digital has a 52-week low of $17.02 and a 52-week high of $53.43. The company has a market cap of $11.88 billion, a P/E ratio of 34.51, a price-to-earnings-growth ratio of 1.19 and a beta of 0.47. The firm’s 50-day moving average price is $40.53 and its 200-day moving average price is $40.40.

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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