Wall Street analysts predict that PagSeguro Digital Ltd (NYSE:PAGS) will announce $0.26 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for PagSeguro Digital’s earnings. The highest EPS estimate is $0.28 and the lowest is $0.24. PagSeguro Digital posted earnings of $0.22 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 18.2%. The firm is scheduled to issue its next earnings report after the market closes on Thursday, August 15th.
According to Zacks, analysts expect that PagSeguro Digital will report full year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.12 to $1.22. For the next financial year, analysts forecast that the company will post earnings of $1.54 per share, with EPS estimates ranging from $1.43 to $1.65. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow PagSeguro Digital.
PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Tuesday, May 14th. The company reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.76. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. PagSeguro Digital had a return on equity of 18.15% and a net margin of 23.00%. The business’s quarterly revenue was up 34.8% compared to the same quarter last year.
A number of analysts recently commented on PAGS shares. Evercore ISI started coverage on PagSeguro Digital in a report on Tuesday, July 16th. They set an “outperform” rating on the stock. ValuEngine upgraded YY from a “sell” rating to a “hold” rating in a report on Friday, June 7th. Goldman Sachs Group lowered SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a report on Monday, June 10th. Guggenheim lifted their price target on Boston Beer from $372.00 to $421.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Finally, Cantor Fitzgerald set a $18.00 price target on Chiasma and gave the stock a “buy” rating in a report on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. PagSeguro Digital presently has an average rating of “Buy” and a consensus price target of $36.00.
Several hedge funds and other institutional investors have recently made changes to their positions in PAGS. Flagship Harbor Advisors LLC bought a new stake in PagSeguro Digital during the first quarter worth about $28,000. Marshall Wace LLP bought a new stake in PagSeguro Digital during the first quarter worth about $60,000. Catamount Wealth Management bought a new stake in PagSeguro Digital during the first quarter worth about $66,000. Tortoise Index Solutions LLC bought a new stake in PagSeguro Digital during the first quarter worth about $71,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in PagSeguro Digital during the first quarter worth about $90,000.
Shares of PagSeguro Digital stock opened at $46.28 on Monday. The stock’s fifty day simple moving average is $39.81. The company has a market capitalization of $15.35 billion, a price-to-earnings ratio of 52.59, a P/E/G ratio of 1.51 and a beta of 0.67. PagSeguro Digital has a 12 month low of $17.02 and a 12 month high of $48.43.
PagSeguro Digital Company Profile
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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