PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Recommendation of "Hold" by Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has received an average rating of "Hold" from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $11.63.

A number of analysts have recently commented on PAGS shares. Citigroup restated a "neutral" rating and issued a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. JPMorgan Chase & Co. cut their target price on PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th.

Hedge Funds Weigh In On PagSeguro Digital

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming lifted its stake in PagSeguro Digital by 32.8% in 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 last quarter. Truvestments Capital LLC lifted its stake in PagSeguro Digital by 8.4% in the 4th quarter. Truvestments Capital LLC now owns 23,202 shares of the company's stock valued at $145,000 after purchasing an additional 1,792 shares during the last quarter. Intellectus Partners LLC grew its holdings in PagSeguro Digital by 4.8% during the first quarter. Intellectus Partners LLC now owns 76,293 shares of the company's stock worth $582,000 after purchasing an additional 3,500 shares during the period. LPL Financial LLC increased its position in PagSeguro Digital by 14.2% during the fourth quarter. LPL Financial LLC now owns 33,534 shares of the company's stock worth $210,000 after buying an additional 4,165 shares during the last quarter. Finally, Signaturefd LLC raised its stake in PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after buying an additional 4,233 shares during the period. 45.88% of the stock is owned by institutional investors.

Remove Ads

PagSeguro Digital Stock Performance

NYSE PAGS traded up $0.37 during trading hours on Wednesday, reaching $8.42. 3,945,548 shares of the company's stock were exchanged, compared to its average volume of 4,705,985. PagSeguro Digital has a one year low of $6.11 and a one year high of $14.82. The company's 50-day moving average is $7.86 and its two-hundred day moving average is $7.59. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 6.96, a price-to-earnings-growth ratio of 0.51 and a beta of 1.85.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.05. The business had revenue of $875.27 million for 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 predict that PagSeguro Digital will post 1.17 earnings per share 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.