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

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $12.33.

Several research firms have commented on PAGS. Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Citigroup restated a “neutral” rating and set a $7.00 price objective (down from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. dropped their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, December 16th.

PagSeguro Digital Stock Down 2.0 %

NYSE PAGS opened at $8.27 on Friday. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 6.83, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04. PagSeguro Digital has a fifty-two week low of $6.11 and a fifty-two week high of $14.82. The business has a fifty day moving average of $7.49 and a 200-day moving average of $7.76.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The firm 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%. As a group, analysts anticipate that PagSeguro Digital will post 1.17 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PAGS. Signaturefd LLC raised its stake in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock valued at $29,000 after purchasing an additional 4,233 shares in the last quarter. State of Wyoming raised its stake in PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock valued at $40,000 after buying an additional 1,591 shares in the last quarter. Advisory Services Network LLC bought a new position in PagSeguro Digital during the 4th quarter worth approximately $66,000. Point72 Hong Kong Ltd grew its position in shares of PagSeguro Digital by 34.6% in the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after acquiring an additional 2,767 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of PagSeguro Digital in the 3rd quarter valued at approximately $98,000. 45.88% of the stock is currently owned by 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.