PagSeguro Digital (PAGS) Scheduled to Post Quarterly Earnings on Wednesday

PagSeguro Digital (NYSE:PAGSGet Rating) will be releasing its earnings data after the market closes on Wednesday, June 8th. Analysts expect PagSeguro Digital to post earnings of $0.21 per share for the quarter.

PagSeguro Digital (NYSE:PAGSGet Rating) last issued its quarterly earnings data on Tuesday, March 22nd. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. PagSeguro Digital had a return on equity of 14.79% and a net margin of 11.18%. The company had revenue of $579.92 million during the quarter, compared to analyst estimates of $530.40 million. On average, analysts expect PagSeguro Digital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:PAGS traded up $0.12 during mid-day trading on Tuesday, reaching $16.76. The stock had a trading volume of 11,048 shares, compared to its average volume of 4,482,026. The firm has a 50 day moving average price of $15.62 and a two-hundred day moving average price of $19.20. The stock has a market capitalization of $5.52 billion, a P/E ratio of 25.39, a P/E/G ratio of 0.78 and a beta of 1.67. PagSeguro Digital has a one year low of $9.53 and a one year high of $61.65.

A number of hedge funds have recently bought and sold shares of the business. Hardman Johnston Global Advisors LLC raised its stake in PagSeguro Digital by 41.5% during the 4th quarter. Hardman Johnston Global Advisors LLC now owns 14,290 shares of the company’s stock valued at $375,000 after purchasing an additional 4,190 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of PagSeguro Digital by 3.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 20,144 shares of the company’s stock worth $528,000 after purchasing an additional 706 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of PagSeguro Digital by 80.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 82,127 shares of the company’s stock worth $2,154,000 after purchasing an additional 36,572 shares during the period. Geode Capital Management LLC lifted its stake in shares of PagSeguro Digital by 18.1% during the 4th quarter. Geode Capital Management LLC now owns 25,264 shares of the company’s stock worth $662,000 after acquiring an additional 3,874 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of PagSeguro Digital during the 4th quarter worth approximately $46,000. 57.31% of the stock is currently owned by institutional investors.

PAGS has been the subject of a number of recent research reports. Zacks Investment Research downgraded PagSeguro Digital from a “buy” rating to a “hold” rating in a research report on Tuesday. Itau BBA Securities upgraded PagSeguro Digital from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research report on Wednesday, March 30th. Susquehanna Bancshares dropped their target price on PagSeguro Digital from $38.00 to $26.00 in a research report on Monday, May 2nd. Evercore ISI initiated coverage on PagSeguro Digital in a research report on Friday, February 18th. They issued a “hold” rating and a $19.00 target price for the company. Finally, Itaú Unibanco upgraded 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. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $26.76.

About PagSeguro Digital (Get Rating)

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 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.

See Also

Earnings History for PagSeguro Digital (NYSE:PAGS)

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