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

PagSeguro Digital Ltd. (NYSE:PAGS) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $16.44.

A number of equities research analysts recently commented on the company. The Goldman Sachs Group upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Wednesday, June 26th. New Street Research upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $15.00 to $18.00 in a research note on Monday, March 18th. UBS Group reduced their target price on shares of PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating for the company in a report on Monday, July 8th. Barclays upped their price target on shares of PagSeguro Digital from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, April 29th. Finally, JPMorgan Chase & Co. lifted their price objective on PagSeguro Digital from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Monday, June 17th.

PagSeguro Digital Trading Up 0.5 %

NYSE PAGS opened at $13.31 on Monday. The stock has a market cap of $4.39 billion, a P/E ratio of 11.99, a P/E/G ratio of 0.55 and a beta of 1.92. PagSeguro Digital has a 12-month low of $6.93 and a 12-month high of $14.98. The company has a fifty day simple moving average of $12.12 and a two-hundred day simple moving average of $12.71.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings results on Friday, May 24th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $869.86 million during the quarter, compared to analysts’ expectations of $679.16 million. PagSeguro Digital had a return on equity of 14.51% and a net margin of 10.70%. As a group, sell-side analysts forecast that PagSeguro Digital will post 1.44 earnings per share for the current year.

Hedge Funds Weigh In On PagSeguro Digital

A number of hedge funds have recently bought and sold shares of PAGS. SG Americas Securities LLC lifted its position in shares of PagSeguro Digital by 1,136.0% during the 2nd quarter. SG Americas Securities LLC now owns 208,763 shares of the company’s stock valued at $2,440,000 after buying an additional 191,873 shares in the last quarter. Csenge Advisory Group lifted its stake in 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 in the last quarter. Richard P Slaughter Associates Inc increased its stake in PagSeguro Digital by 2.9% during the 2nd quarter. Richard P Slaughter Associates Inc now owns 164,584 shares of the company’s stock worth $1,924,000 after buying an additional 4,645 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of PagSeguro Digital by 20.1% during the second quarter. Park Avenue Securities LLC now owns 48,618 shares of the company’s stock valued at $568,000 after acquiring an additional 8,139 shares during the last quarter. Finally, First Hawaiian Bank purchased a new position in shares of PagSeguro Digital in the second quarter valued at approximately $154,000. Hedge funds and other institutional investors own 45.88% of the company’s stock.

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.