PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Recommendation of "Hold" from Analysts

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has been given an average recommendation of "Hold" by the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $11.63.

A number of analysts recently weighed in on PAGS shares. 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. Citigroup reiterated a "neutral" rating and issued a $7.00 price objective (down from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. Finally, Bank of America reaffirmed a "neutral" rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th.

View Our Latest Analysis on PAGS

Hedge Funds Weigh In On PagSeguro Digital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Signaturefd LLC boosted 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 buying an additional 4,233 shares during the period. 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 valued at $40,000 after purchasing an additional 1,591 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of PagSeguro Digital in the fourth quarter worth $66,000. Raymond James Financial Inc. acquired a new position in PagSeguro Digital during the fourth quarter worth $79,000. Finally, Wexford Capital LP bought a new position in PagSeguro Digital in the fourth quarter valued at $90,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Trading Down 3.3 %

Shares of PagSeguro Digital stock opened at $7.57 on Wednesday. PagSeguro Digital has a 1-year low of $6.11 and a 1-year high of $14.82. The firm's 50-day moving average price is $7.80 and its two-hundred day moving average price is $7.61. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 6.25, a P/E/G ratio of 0.51 and a beta of 1.85.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The company had revenue of $875.27 million for the quarter, compared to analysts' expectations of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. As a group, equities research analysts predict that PagSeguro Digital will post 1.17 EPS for the current 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.

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