Analysts Anticipate PagSeguro Digital Ltd (NYSE:PAGS) to Post $0.33 Earnings Per Share

Analysts expect PagSeguro Digital Ltd (NYSE:PAGS) to report earnings of $0.33 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for PagSeguro Digital’s earnings, with estimates ranging from $0.30 to $0.35. PagSeguro Digital posted earnings per share of $0.27 during the same quarter last year, which indicates a positive year over year growth rate of 22.2%. The company is expected to announce its next earnings report on Thursday, February 20th.

On average, analysts expect that PagSeguro Digital will report full year earnings of $1.09 per share for the current year, with EPS estimates ranging from $1.00 to $1.17. For the next financial year, analysts expect that the firm will report earnings of $1.45 per share, with EPS estimates ranging from $1.31 to $1.61. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover PagSeguro Digital.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Tuesday, November 19th. The company reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. PagSeguro Digital had a net margin of 23.77% and a return on equity of 19.33%. The firm had revenue of $369.11 million during the quarter, compared to analysts’ expectations of $362.71 million.

Several research analysts have commented on PAGS shares. JPMorgan Chase & Co. cut shares of PagSeguro Digital from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $60.00 to $39.00 in a research report on Tuesday, November 26th. ValuEngine upgraded shares of PagSeguro Digital from a “sell” rating to a “hold” rating in a report on Friday, November 29th. KeyCorp decreased their price objective on shares of PagSeguro Digital from $60.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Evercore ISI decreased their price objective on shares of PagSeguro Digital from $65.00 to $56.00 and set an “outperform” rating for the company in a report on Tuesday, October 15th. Finally, Cantor Fitzgerald decreased their price objective on shares of PagSeguro Digital from $56.00 to $46.00 in a report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $44.44.

Several institutional investors have recently bought and sold shares of the company. Janus Henderson Group PLC lifted its stake in PagSeguro Digital by 22.2% during the second quarter. Janus Henderson Group PLC now owns 8,226,841 shares of the company’s stock valued at $320,599,000 after purchasing an additional 1,492,806 shares during the last quarter. Nuveen Asset Management LLC acquired a new stake in PagSeguro Digital during the second quarter valued at approximately $57,212,000. AXA lifted its stake in PagSeguro Digital by 97.3% during the second quarter. AXA now owns 1,669,036 shares of the company’s stock valued at $65,042,000 after purchasing an additional 823,013 shares during the last quarter. Grandeur Peak Global Advisors LLC lifted its stake in PagSeguro Digital by 518.2% during the second quarter. Grandeur Peak Global Advisors LLC now owns 941,700 shares of the company’s stock valued at $36,698,000 after purchasing an additional 789,375 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in PagSeguro Digital by 65.0% during the second quarter. Bank of America Corp DE now owns 1,912,928 shares of the company’s stock valued at $74,546,000 after purchasing an additional 753,678 shares during the last quarter. Institutional investors and hedge funds own 50.18% of the company’s stock.

NYSE PAGS traded down $0.54 on Thursday, hitting $27.96. The stock had a trading volume of 2,677,625 shares, compared to its average volume of 3,653,303. PagSeguro Digital has a one year low of $17.02 and a one year high of $53.43. The stock has a market cap of $9.31 billion, a price-to-earnings ratio of 31.77, a P/E/G ratio of 1.00 and a beta of 0.38. The company’s 50-day moving average is $34.63 and its two-hundred day moving average is $41.04.

About PagSeguro Digital

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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Earnings History and Estimates for PagSeguro Digital (NYSE:PAGS)

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