PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Rating of "Moderate Buy" by Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $14.50.

A number of analysts recently commented on PAGS shares. Barclays dropped their price target on PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating on the stock in a report on Tuesday. The Goldman Sachs Group raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and set a $15.00 price target on the stock in a report on Wednesday, June 26th. UBS Group decreased their price objective on shares of PagSeguro Digital from $16.50 to $15.50 and set a "buy" rating for the company in a report on Monday, July 8th. Cantor Fitzgerald upgraded shares of PagSeguro Digital to a "strong-buy" rating in a research note on Thursday, October 3rd. Finally, Itau BBA Securities lowered shares of PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price target for the company. in a research note on Tuesday, October 1st.

PagSeguro Digital Price Performance

Shares of NYSE:PAGS traded up $0.10 during midday trading on Wednesday, hitting $8.33. 3,067,629 shares of the company's stock were exchanged, compared to its average volume of 3,917,397. The company has a market cap of $2.75 billion, a PE ratio of 7.50, a price-to-earnings-growth ratio of 0.42 and a beta of 1.94. PagSeguro Digital has a 12 month low of $6.93 and a 12 month high of $14.98. The stock has a 50 day moving average price of $10.22 and a 200-day moving average price of $11.63.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. PagSeguro Digital had a return on equity of 14.97% and a net margin of 10.93%. The business had revenue of $874.38 million for the quarter, compared to analysts' expectations of $816.34 million. During the same period last year, the business earned $0.26 EPS. On average, analysts anticipate that PagSeguro Digital will post 1.19 EPS for the current fiscal year.

Institutional Trading of PagSeguro Digital

Institutional investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in shares of PagSeguro Digital in the first quarter valued at approximately $30,000. Y.D. More Investments Ltd boosted its holdings in PagSeguro Digital by 82.5% in the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company's stock valued at $47,000 after purchasing an additional 1,800 shares during the period. Family Firm Inc. purchased a new position in shares of PagSeguro Digital during the 2nd quarter valued at $50,000. Covestor Ltd increased its holdings in shares of PagSeguro Digital by 11,990.2% in the first quarter. Covestor Ltd now owns 4,957 shares of the company's stock worth $71,000 after purchasing an additional 4,916 shares during the period. Finally, Quarry LP raised its position in shares of PagSeguro Digital by 156.2% in the second quarter. Quarry LP now owns 6,242 shares of the company's stock worth $73,000 after buying an additional 3,806 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company's stock.

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.