Q1 2020 Earnings Estimate for PagSeguro Digital Ltd (NYSE:PAGS) Issued By KeyCorp

PagSeguro Digital Ltd (NYSE:PAGS) – Stock analysts at KeyCorp upped their Q1 2020 earnings estimates for shares of PagSeguro Digital in a note issued to investors on Tuesday, November 19th. KeyCorp analyst J. Beck now anticipates that the company will post earnings of $0.32 per share for the quarter, up from their prior forecast of $0.30. KeyCorp currently has a “Overweight” rating and a $45.00 price target on the stock. KeyCorp also issued estimates for PagSeguro Digital’s Q2 2020 earnings at $0.38 EPS and Q3 2020 earnings at $0.38 EPS.

Several other research analysts have also issued reports on PAGS. Evercore ISI reduced their target price on shares of PagSeguro Digital from $65.00 to $56.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 15th. HSBC raised shares of PagSeguro Digital from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Zacks Investment Research lowered shares of PagSeguro Digital from a “hold” rating to a “sell” rating in a research note on Wednesday, November 13th. Cantor Fitzgerald cut their price target on shares of PagSeguro Digital from $56.00 to $46.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Deutsche Bank increased their price target on shares of PagSeguro Digital from $40.00 to $57.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $42.70.

Shares of NYSE PAGS opened at $30.48 on Thursday. The firm has a market capitalization of $11.98 billion, a PE ratio of 34.64, a price-to-earnings-growth ratio of 1.22 and a beta of 0.47. PagSeguro Digital has a 1 year low of $17.02 and a 1 year high of $53.43. The firm’s 50-day moving average is $39.27 and its 200-day moving average is $40.68.

Several large investors have recently made changes to their positions in the stock. Rational Advisors LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter valued at approximately $1,355,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of PagSeguro Digital in the 3rd quarter valued at approximately $116,000. Catalyst Capital Advisors LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter valued at approximately $1,982,000. Delta Investment Management LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter valued at approximately $2,118,000. Finally, C WorldWide Group Holding A S raised its position 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 valued at $435,000 after acquiring an additional 4,450 shares during the period. Institutional investors and hedge funds own 53.48% of the company’s stock.

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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