Brokers Offer Predictions for PAGS FY2024 Earnings

PagSeguro Digital Ltd. (NYSE:PAGS) – Equities researchers at KeyCorp issued their FY2024 EPS estimates for PagSeguro Digital in a report released on Wednesday, December 18th. KeyCorp analyst A. Markgraff anticipates that the company will post earnings of $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.

A number of other research analysts have also recently issued reports on PAGS. Itau BBA Securities cut PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 price target for the company. in a report on Tuesday, October 1st. Cantor Fitzgerald raised PagSeguro Digital to a “strong-buy” rating in a research note on Thursday, October 3rd. Barclays decreased their price target on PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. Finally, Susquehanna decreased their price objective on PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a research note on Monday, November 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, PagSeguro Digital presently has an average rating of “Moderate Buy” and an average target price of $14.00.

PagSeguro Digital Price Performance

PAGS stock opened at $6.26 on Friday. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 5.17, a P/E/G ratio of 0.44 and a beta of 1.92. The business has a fifty day moving average price of $7.82 and a 200 day moving average price of $10.09. PagSeguro Digital has a fifty-two week low of $6.11 and a fifty-two week high of $14.98.

Institutional Trading of PagSeguro Digital

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its stake in PagSeguro Digital by 23.8% in the third quarter. Principal Financial Group Inc. now owns 403,938 shares of the company’s stock valued at $3,478,000 after buying an additional 77,543 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in shares of PagSeguro Digital in the third quarter valued at approximately $38,151,000. DGS Capital Management LLC acquired a new position in PagSeguro Digital during the third quarter worth $113,000. Tidal Investments LLC bought a new position in PagSeguro Digital in the third quarter valued at $339,000. Finally, Sanctuary Advisors LLC bought a new stake in PagSeguro Digital during the 3rd quarter worth about $157,000. 45.88% of the stock is owned by institutional investors.

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.