Equities research analysts expect that PagSeguro Digital Ltd (NYSE:PAGS) will announce $0.23 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for PagSeguro Digital’s earnings, with estimates ranging from $0.22 to $0.25. The company is scheduled to report its next earnings results on Thursday, November 29th.

According to Zacks, analysts expect that PagSeguro Digital will report full year earnings of $0.88 per share for the current year, with EPS estimates ranging from $0.84 to $0.94. For the next year, analysts expect that the firm will post earnings of $1.32 per share, with EPS estimates ranging from $1.19 to $1.47. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for PagSeguro Digital.

PAGS has been the subject of a number of recent research reports. Deutsche Bank boosted their price target on PagSeguro Digital from $41.00 to $47.00 and gave the company a “buy” rating in a research note on Monday, June 11th. Citigroup initiated coverage on PagSeguro Digital in a research note on Thursday, May 3rd. They set a “sell” rating for the company. Zacks Investment Research downgraded PagSeguro Digital from a “hold” rating to a “sell” rating in a research note on Thursday, August 16th. Itau BBA Securities initiated coverage on PagSeguro Digital in a research note on Friday, July 27th. They set an “outperform” rating and a $37.00 price target for the company. Finally, JPMorgan Chase & Co. cut their price target on PagSeguro Digital from $35.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday, May 31st. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. PagSeguro Digital currently has an average rating of “Hold” and an average price target of $36.25.

Several large investors have recently made changes to their positions in PAGS. Wells Fargo & Company MN bought a new position in shares of PagSeguro Digital during the 1st quarter valued at approximately $449,000. Manning & Napier Group LLC bought a new position in shares of PagSeguro Digital during the 1st quarter worth $56,660,000. Criterion Capital Management LLC bought a new position in shares of PagSeguro Digital during the 1st quarter worth $34,116,000. American Century Companies Inc. bought a new position in shares of PagSeguro Digital during the 1st quarter worth $18,902,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of PagSeguro Digital during the 1st quarter worth $10,348,000.

Shares of PagSeguro Digital stock traded up $2.48 during trading hours on Tuesday, reaching $28.27. 515,918 shares of the stock traded hands, compared to its average volume of 2,383,071. The company has a market cap of $3.24 billion and a P/E ratio of 48.14. PagSeguro Digital has a one year low of $24.57 and a one year high of $39.97.

About PagSeguro Digital

PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.

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Earnings History and Estimates for PagSeguro Digital (NYSE:PAGS)

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