Analysts Set PagSeguro Digital Ltd. (NYSE:PAGS) Price Target at $14.50

PagSeguro Digital Ltd. (NYSE:PAGS) has been given an average recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $14.50.

Several equities research analysts recently issued reports on PAGS shares. The Goldman Sachs Group upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Wednesday, June 26th. UBS Group lowered their target price on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating for the company in a research note on Monday, July 8th. Itau BBA Securities cut PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 target price for the company. in a research note on Tuesday, October 1st. Barclays lowered their target price on PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 15th. Finally, Morgan Stanley reissued an “underweight” rating and set a $6.50 target price (down from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th.

PagSeguro Digital Trading Down 0.9 %

PAGS stock opened at $8.30 on Wednesday. The company has a market capitalization of $2.73 billion, a PE ratio of 7.09, a P/E/G ratio of 0.43 and a beta of 1.94. PagSeguro Digital has a 12-month low of $6.93 and a 12-month high of $14.98. The business’s fifty day moving average price is $9.82 and its 200 day moving average price is $11.44.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data 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. The firm had revenue of $874.38 million for the quarter, compared to the consensus estimate of $816.34 million. PagSeguro Digital had a return on equity of 14.97% and a net margin of 10.93%. During the same quarter in the previous year, the business earned $0.26 EPS. Research analysts predict that PagSeguro Digital will post 1.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC boosted its position 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 valued at $79,000 after purchasing an additional 1,421 shares during the period. Y.D. More Investments Ltd boosted its position in shares of PagSeguro Digital by 82.5% in the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock valued at $47,000 after purchasing an additional 1,800 shares during the period. Headlands Technologies LLC acquired a new stake in shares of PagSeguro Digital in the 1st quarter valued at about $30,000. Los Angeles Capital Management LLC boosted its position in shares of PagSeguro Digital by 1.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 110,951 shares of the company’s stock valued at $1,297,000 after purchasing an additional 2,083 shares during the period. Finally, Csenge Advisory Group boosted its position 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 purchasing an additional 2,152 shares during the period. 45.88% of the stock is owned by institutional investors and hedge funds.

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.