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

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have earned a consensus rating of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $12.90.

A number of research analysts recently commented on PAGS shares. KeyCorp raised shares of PagSeguro Digital to a “hold” rating in a report on Friday, November 15th. The Goldman Sachs Group lowered their price target on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, November 15th. Susquehanna lowered their price target on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a report on Monday, November 18th. Citigroup reaffirmed a “neutral” rating and issued a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. lowered their price target on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, December 16th.

PagSeguro Digital Stock Up 4.1 %

PAGS opened at $7.80 on Friday. The firm has a 50-day simple moving average of $7.27 and a two-hundred day simple moving average of $7.88. PagSeguro Digital has a 52 week low of $6.11 and a 52 week high of $14.82. The company has a market capitalization of $2.57 billion, a PE ratio of 6.44, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The business had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. As a group, sell-side analysts expect that PagSeguro Digital will post 1.17 earnings per share for the current year.

Institutional Trading of PagSeguro Digital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC increased its position in shares of PagSeguro Digital by 1,306.5% during the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after acquiring an additional 4,233 shares during the period. State of Wyoming increased its position 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 worth $40,000 after acquiring an additional 1,591 shares during the period. Advisory Services Network LLC purchased a new position in shares of PagSeguro Digital during the fourth quarter worth approximately $66,000. Raymond James Financial Inc. purchased a new position in shares of PagSeguro Digital during the fourth quarter worth approximately $79,000. Finally, Wexford Capital LP purchased a new position in shares of PagSeguro Digital during the fourth quarter worth approximately $90,000. 45.88% of the stock is owned by hedge funds and other institutional investors.

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.