What is KeyCorp’s Estimate for PAGS FY2024 Earnings?

PagSeguro Digital Ltd. (NYSE:PAGS) – Stock analysts at KeyCorp issued their FY2024 earnings per share (EPS) estimates for shares of PagSeguro Digital in a research note issued to investors on Wednesday, December 18th. KeyCorp analyst A. Markgraff anticipates that the company will earn $1.11 per share for the year. KeyCorp currently has a “Hold” rating on the stock. The consensus estimate for PagSeguro Digital’s current full-year earnings is $1.18 per share. KeyCorp also issued estimates for PagSeguro Digital’s Q4 2024 earnings at $0.29 EPS, Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.19 EPS and FY2026 earnings at $1.27 EPS.

Several other brokerages also recently weighed in on PAGS. Barclays decreased their target price on shares of PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 15th. JPMorgan Chase & Co. cut their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. Morgan Stanley restated an “underweight” rating and set a $6.50 price objective (down previously from $14.00) on shares of PagSeguro Digital in a research report on Thursday, September 5th. Finally, The Goldman Sachs Group lowered their target price on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $14.00.

PagSeguro Digital Stock Performance

PagSeguro Digital stock opened at $6.40 on Friday. The company has a market capitalization of $2.11 billion, a P/E ratio of 5.29, a PEG ratio of 0.44 and a beta of 1.92. PagSeguro Digital has a fifty-two week low of $6.11 and a fifty-two week high of $14.98. The stock has a 50-day simple moving average of $7.79 and a 200-day simple moving average of $10.07.

Institutional Investors Weigh In On PagSeguro Digital

Several hedge funds have recently modified their holdings of the company. Y.D. More Investments Ltd grew its position in shares of PagSeguro Digital by 82.5% in the second quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock valued at $47,000 after purchasing an additional 1,800 shares during the period. Family Firm Inc. purchased a new stake in PagSeguro Digital in the 2nd quarter valued at about $50,000. Quarry LP increased its stake in shares of PagSeguro Digital by 156.2% during the 2nd quarter. Quarry LP now owns 6,242 shares of the company’s stock valued at $73,000 after acquiring an additional 3,806 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of PagSeguro Digital in the second quarter worth approximately $74,000. Finally, Nisa Investment Advisors LLC boosted its position in shares of PagSeguro Digital by 26.8% in the second quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company’s stock worth $79,000 after acquiring an additional 1,421 shares during the last quarter. 45.88% of the stock is owned by institutional investors and hedge funds.

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.