PagSeguro Digital Ltd. (NYSE:PAGS – Get Rating) was the target of some unusual options trading on Wednesday. Stock investors acquired 5,834 call options on the company. This is an increase of 146% compared to the average volume of 2,369 call options.
PagSeguro Digital Trading Down 14.6 %
PAGS opened at $10.26 on Thursday. The stock has a market cap of $3.38 billion, a PE ratio of 13.32, a P/E/G ratio of 0.82 and a beta of 1.53. PagSeguro Digital has a 1 year low of $9.45 and a 1 year high of $29.28. The stock’s 50 day simple moving average is $13.76 and its 200-day simple moving average is $13.28.
PagSeguro Digital (NYSE:PAGS – Get Rating) last announced its quarterly earnings results on Thursday, August 25th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.22 by $0.25. The business had revenue of $794.63 million for the quarter, compared to analyst estimates of $731.04 million. PagSeguro Digital had a return on equity of 18.53% and a net margin of 10.03%. During the same quarter in the previous year, the firm earned $0.20 EPS. Equities analysts forecast that PagSeguro Digital will post 0.9 earnings per share for the current fiscal year.
Institutional Trading of PagSeguro Digital
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on PagSeguro Digital from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Tuesday, September 6th. Evercore ISI cut their price objective on PagSeguro Digital from $16.00 to $13.00 in a research note on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price target on PagSeguro Digital from $25.00 to $20.00 in a research report on Monday. Cantor Fitzgerald dropped their price target on PagSeguro Digital from $25.00 to $20.00 in a research report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on PagSeguro Digital from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, September 12th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, PagSeguro Digital presently has an average rating of “Moderate Buy” and an average target price of $22.25.
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 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.
- Get a free copy of the StockNews.com research report on PagSeguro Digital (PAGS)
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