PagSeguro Digital Ltd. (NYSE:PAGS) Receives $15.09 Consensus PT from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have been given a consensus recommendation of “Moderate Buy” by the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $15.09.

Several research firms have weighed in on PAGS. Evercore ISI upgraded shares of PagSeguro Digital from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $12.00 to $18.00 in a research report on Tuesday, March 26th. The Goldman Sachs Group upgraded shares of PagSeguro Digital from a “sell” rating to a “neutral” rating and raised their price objective for the company from $7.40 to $13.80 in a research report on Monday, January 22nd. Citigroup raised their price objective on shares of PagSeguro Digital from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, March 20th. Cantor Fitzgerald raised their price objective on shares of PagSeguro Digital from $14.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Finally, Barclays raised their price objective on shares of PagSeguro Digital from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Monday, March 4th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC boosted its stake in PagSeguro Digital by 34.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,140 shares of the company’s stock worth $64,000 after acquiring an additional 1,330 shares during the last quarter. Principal Securities Inc. bought a new position in PagSeguro Digital during the 4th quarter worth approximately $69,000. Canton Hathaway LLC bought a new position in PagSeguro Digital during the 4th quarter worth approximately $69,000. Allspring Global Investments Holdings LLC boosted its stake in PagSeguro Digital by 48.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,809 shares of the company’s stock worth $67,000 after acquiring an additional 2,560 shares during the last quarter. Finally, Confluence Investment Management LLC bought a new position in PagSeguro Digital during the 1st quarter worth approximately $149,000. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Stock Up 7.2 %

Shares of PagSeguro Digital stock opened at $12.68 on Wednesday. The stock has a market capitalization of $4.18 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 0.63 and a beta of 1.78. The company has a 50-day simple moving average of $13.24 and a 200 day simple moving average of $11.51. PagSeguro Digital has a 12-month low of $6.93 and a 12-month high of $14.98.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Wednesday, February 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The business had revenue of $877.60 million during the quarter, compared to analysts’ expectations of $786.91 million. PagSeguro Digital had a net margin of 10.37% and a return on equity of 13.94%. On average, equities analysts anticipate that PagSeguro Digital will post 1.29 earnings per share for the current year.

About PagSeguro Digital

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.