Zacks: Analysts Anticipate PagSeguro Digital Ltd (PAGS) to Post $0.26 EPS

Analysts expect PagSeguro Digital Ltd (NYSE:PAGS) to announce earnings of $0.26 per share for the current quarter, Zacks reports. Three analysts have issued estimates for PagSeguro Digital’s earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at $0.24. The company is expected to report its next earnings results on Thursday, March 14th.

On average, analysts expect that PagSeguro Digital will report full-year earnings of $0.85 per share for the current year, with EPS estimates ranging from $0.77 to $0.93. For the next year, analysts forecast that the firm will post earnings of $1.25 per share, with EPS estimates ranging from $1.18 to $1.33. Zacks’ EPS averages are a mean average based on a survey of analysts that follow PagSeguro Digital.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Thursday, November 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The company had revenue of $288.75 million during the quarter, compared to analysts’ expectations of $263.24 million.

Several research analysts recently issued reports on PAGS shares. Citigroup upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Tuesday, November 27th. Zacks Investment Research upgraded shares of PagSeguro Digital from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Tuesday, November 6th. ValuEngine lowered shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. Guggenheim started coverage on shares of PagSeguro Digital in a research report on Wednesday, January 9th. They issued a “neutral” rating and a $21.65 target price for the company. Finally, UBS Group upgraded shares of PagSeguro Digital from an “underperform” rating to a “neutral” rating in a research report on Friday, December 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $32.82.

NYSE:PAGS traded up $0.40 during midday trading on Tuesday, hitting $23.32. The company had a trading volume of 31,428 shares, compared to its average volume of 2,264,400. PagSeguro Digital has a 52-week low of $17.02 and a 52-week high of $39.97. The firm has a market capitalization of $2.80 billion and a PE ratio of 40.82.

A number of institutional investors have recently bought and sold shares of the business. Jennison Associates LLC lifted its stake in PagSeguro Digital by 1.9% in the fourth quarter. Jennison Associates LLC now owns 36,011 shares of the company’s stock worth $674,000 after purchasing an additional 687 shares during the last quarter. Legal & General Group Plc raised its stake in shares of PagSeguro Digital by 13.7% during the third quarter. Legal & General Group Plc now owns 45,449 shares of the company’s stock valued at $1,258,000 after acquiring an additional 5,464 shares during the last quarter. Hilltop Holdings Inc. raised its stake in shares of PagSeguro Digital by 132.3% during the third quarter. Hilltop Holdings Inc. now owns 16,960 shares of the company’s stock valued at $469,000 after acquiring an additional 9,660 shares during the last quarter. Essex Investment Management Co. LLC bought a new position in shares of PagSeguro Digital during the third quarter valued at about $269,000. Finally, LPL Financial LLC bought a new position in shares of PagSeguro Digital during the fourth quarter valued at about $224,000.

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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