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

PagSeguro Digital Ltd. (NYSE:PAGS) has earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $13.18.

A number of research firms have recently issued reports on PAGS. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. Susquehanna lowered their target price on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a research note on Monday, November 18th. Citigroup restated a “neutral” rating and issued a $7.00 target price (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. The Goldman Sachs Group lowered their target price on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Finally, JPMorgan Chase & Co. lowered their target price on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, December 16th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Signaturefd LLC raised its holdings in shares of PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after buying an additional 4,233 shares during the last quarter. State of Wyoming raised its holdings in shares of PagSeguro Digital by 32.8% in the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock worth $40,000 after buying an additional 1,591 shares during the last quarter. GW Henssler & Associates Ltd. purchased a new position in shares of PagSeguro Digital in the third quarter worth $87,000. Advisory Services Network LLC purchased a new position in shares of PagSeguro Digital in the fourth quarter worth $66,000. Finally, Point72 Hong Kong Ltd raised its holdings in shares of PagSeguro Digital by 34.6% in the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after buying an additional 2,767 shares during the last quarter. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Stock Performance

NYSE PAGS opened at $7.76 on Tuesday. The firm’s 50 day moving average price is $6.98 and its 200-day moving average price is $8.32. PagSeguro Digital has a 52-week low of $6.11 and a 52-week high of $14.98. The company has a market cap of $2.56 billion, a PE ratio of 6.41, a P/E/G ratio of 0.51 and a beta of 1.95.

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

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.