PagSeguro Digital Ltd. (NYSE:PAGS) Expected to Announce Earnings of $0.20 Per Share

Wall Street analysts predict that PagSeguro Digital Ltd. (NYSE:PAGS – Get Rating) will post earnings per share of $0.20 for the current quarter, Zacks reports. Four analysts have provided estimates for PagSeguro Digital’s earnings, with the lowest EPS estimate coming in at $0.17 and the highest estimate coming in at $0.23. PagSeguro Digital reported earnings per share of $0.18 during the same quarter last year, which suggests a positive year-over-year growth rate of 11.1%. The firm is expected to report its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that PagSeguro Digital will report full year earnings of $0.91 per share for the current fiscal year, with EPS estimates ranging from $0.78 to $1.03. For the next financial year, analysts forecast that the business will report earnings of $1.32 per share, with EPS estimates ranging from $1.11 to $1.45. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow PagSeguro Digital.

PAGS has been the subject of several recent analyst reports. Itaú Unibanco raised shares of PagSeguro Digital from a “market perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research report on Wednesday, March 30th. Evercore ISI began coverage on shares of PagSeguro Digital in a research note on Friday, February 18th. They set a “hold” rating and a $19.00 price target for the company. UBS Group downgraded shares of PagSeguro Digital from a “buy” rating to a “neutral” rating and cut their price target for the stock from $50.00 to $30.00 in a report on Tuesday, January 4th. Cantor Fitzgerald began coverage on PagSeguro Digital in a research report on Friday. They set an “overweight” rating and a $25.00 price target on the stock. Finally, Wells Fargo & Company began coverage on PagSeguro Digital in a research note on Monday, April 4th. They set an “equal weight” rating and a $23.00 price objective for the company. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $31.33.

NYSE PAGS opened at $17.89 on Tuesday. PagSeguro Digital has a 1 year low of $11.76 and a 1 year high of $61.65. The firm has a market capitalization of $5.89 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 0.86 and a beta of 1.59. The firm’s fifty day moving average price is $17.00 and its two-hundred day moving average price is $26.04.

Institutional investors have recently bought and sold shares of the business. Sylebra Capital Ltd lifted its stake in shares of PagSeguro Digital by 3.3% in the 3rd quarter. Sylebra Capital Ltd now owns 9,482,562 shares of the company’s stock valued at $490,438,000 after purchasing an additional 306,370 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its position in shares of PagSeguro Digital by 29.0% during the third quarter. Edmond DE Rothschild Holding S.A. now owns 39,730 shares of the company’s stock worth $2,055,000 after acquiring an additional 8,930 shares in the last quarter. Nikko Asset Management Americas Inc. acquired a new position in PagSeguro Digital during the third quarter worth $4,309,000. Polianta Ltd acquired a new stake in PagSeguro Digital in the fourth quarter valued at $1,085,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of PagSeguro Digital in the third quarter valued at about $489,000. Hedge funds and other institutional investors own 56.75% of the company’s stock.

About PagSeguro Digital (Get Rating)

PagSeguro Digital Ltd. engages in the provision of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies, or Small Medium Enterprises. Its business model covers the following pillars: Multiple digital payment solutions; In-person payments via POS devices that sell to merchants; Free digital accounts; Issuer of prepaid cards to clients for spending or withdrawing account balances, and Operating as an acquirer.

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