PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Rating of “Moderate Buy” by Analysts

PagSeguro Digital Ltd. (NYSE:PAGS) has received an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $12.33.

Several brokerages have commented on PAGS. Citigroup restated a “neutral” rating and issued a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. reduced their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th.

Hedge Funds Weigh In On PagSeguro Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Signaturefd LLC raised its holdings in PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after buying an additional 4,233 shares during the period. State of Wyoming raised its holdings in shares of PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock valued at $40,000 after acquiring an additional 1,591 shares during the period. Advisory Services Network LLC purchased a new stake in shares of PagSeguro Digital in the 4th quarter valued at approximately $66,000. Raymond James Financial Inc. acquired a new position in PagSeguro Digital in the 4th quarter worth approximately $79,000. Finally, Wexford Capital LP purchased a new position in PagSeguro Digital during the 4th quarter worth approximately $90,000. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Price Performance

NYSE:PAGS opened at $8.27 on Friday. The firm has a market capitalization of $2.72 billion, a P/E ratio of 6.83, a P/E/G ratio of 0.51 and a beta of 2.04. The business has a 50 day simple moving average of $7.49 and a 200 day simple moving average of $7.76. PagSeguro Digital has a 12-month low of $6.11 and a 12-month high of $14.82.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The business had revenue of $875.27 million during the quarter, compared to analyst estimates of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. Research analysts anticipate that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Company Profile

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.