PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Rating of “Hold” by Analysts

PagSeguro Digital Ltd. (NYSE:PAGS) has received an average rating of “Hold” from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $12.00.

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Autonomous Res downgraded shares of PagSeguro Digital from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Wall Street Zen cut shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Weiss Ratings lowered shares of PagSeguro Digital from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd.

Insider Buying and Selling

In other PagSeguro Digital news, Director Alexandre Mr Magnani sold 200,000 shares of PagSeguro Digital stock in a transaction on Friday, April 17th. The stock was sold at an average price of $11.26, for a total value of $2,252,000.00. Following the completion of the sale, the director owned 607,390 shares of the company’s stock, valued at approximately $6,839,211.40. This trade represents a 24.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd increased its holdings in PagSeguro Digital by 77.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company’s stock worth $40,000 after buying an additional 1,821 shares in the last quarter. GAMMA Investing LLC lifted its stake in PagSeguro Digital by 37.0% during the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock valued at $45,000 after acquiring an additional 1,249 shares during the period. Atlas Capital Advisors Inc. bought a new position in PagSeguro Digital during the 4th quarter valued at about $45,000. Meeder Asset Management Inc. bought a new position in PagSeguro Digital during the 4th quarter valued at about $53,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of PagSeguro Digital by 93.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock valued at $76,000 after acquiring an additional 3,810 shares during the last quarter. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Trading Up 2.6%

NYSE PAGS opened at $9.00 on Friday. PagSeguro Digital has a 12 month low of $7.74 and a 12 month high of $12.32. The stock’s fifty day moving average price is $9.14 and its 200-day moving average price is $9.97. The stock has a market cap of $2.52 billion, a P/E ratio of 6.62, a P/E/G ratio of 0.35 and a beta of 1.32.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The company had revenue of $642.01 million during the quarter, compared to analysts’ expectations of $952.64 million. PagSeguro Digital had a return on equity of 16.44% and a net margin of 10.40%. As a group, analysts forecast that PagSeguro Digital will post 1.7 earnings per share for the current fiscal year.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.