PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) - KeyCorp issued their FY2024 earnings estimates for PagSeguro Digital in a research note issued on Wednesday, December 18th. KeyCorp analyst A. Markgraff expects that the company will earn $1.11 per share for the year. KeyCorp has a "Hold" rating on the stock. The consensus estimate for PagSeguro Digital's current full-year earnings is $1.18 per share. KeyCorp also issued estimates for PagSeguro Digital's Q4 2024 earnings at $0.29 EPS, Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.19 EPS and FY2026 earnings at $1.27 EPS.
Several other equities research analysts also recently commented on the stock. Barclays cut their target price on shares of PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 15th. JPMorgan Chase & Co. cut their price target on shares of PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating on the stock in a report on Monday. Itau BBA Securities downgraded PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price objective for the company. in a report on Tuesday, October 1st. The Goldman Sachs Group lowered their target price on PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Friday, November 15th. Finally, Cantor Fitzgerald upgraded PagSeguro Digital to a "strong-buy" rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $14.00.
View Our Latest Stock Report on PagSeguro Digital
PagSeguro Digital Trading Up 2.2 %
NYSE:PAGS traded up $0.14 on Friday, hitting $6.40. The company had a trading volume of 8,045,425 shares, compared to its average volume of 4,297,747. PagSeguro Digital has a 52 week low of $6.11 and a 52 week high of $14.98. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 5.29, a PEG ratio of 0.44 and a beta of 1.92. The firm has a 50 day moving average of $7.79 and a two-hundred day moving average of $10.07.
Institutional Trading of PagSeguro Digital
Hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in PagSeguro Digital in the third quarter worth about $5,716,000. Citigroup Inc. increased its stake in shares of PagSeguro Digital by 587.0% during the 3rd quarter. Citigroup Inc. now owns 1,052,166 shares of the company's stock worth $9,059,000 after purchasing an additional 899,010 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of PagSeguro Digital in the 3rd quarter worth approximately $3,246,000. SPX Gestao de Recursos Ltda purchased a new position in PagSeguro Digital in the third quarter valued at approximately $38,151,000. Finally, Principal Financial Group Inc. grew its holdings in PagSeguro Digital by 23.8% during the third quarter. Principal Financial Group Inc. now owns 403,938 shares of the company's stock valued at $3,478,000 after purchasing an additional 77,543 shares during the period. 45.88% of the stock is currently owned by institutional investors.
PagSeguro Digital Company Profile
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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.
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