PagSeguro Digital Ltd. (NYSE:PAGS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $15.11.

A number of equities research analysts recently commented on PAGS shares. JPMorgan Chase & Co. upped their target price on PagSeguro Digital from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, June 17th. Morgan Stanley reiterated an “underweight” rating and issued a $6.50 price objective (down previously from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. 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. Barclays lowered their target price on PagSeguro Digital from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday, August 22nd. Finally, UBS Group lowered their price objective on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating on the stock in a research report on Monday, July 8th.

Institutional Investors Weigh In On PagSeguro Digital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC lifted its holdings in shares of PagSeguro Digital by 26.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company’s stock worth $79,000 after acquiring an additional 1,421 shares during the last quarter. Y.D. More Investments Ltd lifted its stake in PagSeguro Digital by 82.5% during the second quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock worth $47,000 after purchasing an additional 1,800 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of PagSeguro Digital during the first quarter worth $30,000. Los Angeles Capital Management LLC grew its stake in shares of PagSeguro Digital by 1.9% in the second quarter. Los Angeles Capital Management LLC now owns 110,951 shares of the company’s stock valued at $1,297,000 after buying an additional 2,083 shares in the last quarter. Finally, Csenge Advisory Group raised its holdings in shares of PagSeguro Digital by 21.0% in the 2nd quarter. Csenge Advisory Group now owns 12,410 shares of the company’s stock valued at $145,000 after buying an additional 2,152 shares during the period. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 5.2 %

NYSE:PAGS opened at $9.06 on Friday. The company’s 50 day moving average is $11.72 and its two-hundred day moving average is $12.29. The company has a market cap of $2.99 billion, a PE ratio of 8.16, a P/E/G ratio of 0.46 and a beta of 1.95. PagSeguro Digital has a twelve month low of $6.93 and a twelve month high of $14.98.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) 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 firm had revenue of $874.38 million for the quarter, compared to the consensus estimate of $816.34 million. During the same period in the prior year, the firm earned $0.26 EPS. As a group, analysts expect that PagSeguro Digital will post 1.19 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.