PagSeguro Digital (NYSE:PAGS – Get Rating) will issue its quarterly earnings data after the market closes on Thursday, May 25th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
PagSeguro Digital (NYSE:PAGS – Get Rating) last issued its earnings results on Thursday, March 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. PagSeguro Digital had a return on equity of 17.41% and a net margin of 9.81%. The company had revenue of $752.91 million for the quarter, compared to the consensus estimate of $759.47 million. On average, analysts expect PagSeguro Digital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
PagSeguro Digital Price Performance
NYSE:PAGS opened at $12.57 on Wednesday. PagSeguro Digital has a 1 year low of $7.51 and a 1 year high of $19.49. The stock’s 50 day simple moving average is $9.52 and its two-hundred day simple moving average is $9.54. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 1.32 and a beta of 1.61.
Analysts Set New Price Targets
Institutional Trading of PagSeguro Digital
Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new position in PagSeguro Digital in the 4th quarter worth about $70,207,000. Capital World Investors increased its stake in PagSeguro Digital by 15.1% in the 1st quarter. Capital World Investors now owns 20,291,708 shares of the company’s stock worth $406,848,000 after buying an additional 2,666,516 shares during the period. BlackRock Inc. increased its stake in PagSeguro Digital by 48.3% in the 3rd quarter. BlackRock Inc. now owns 4,875,323 shares of the company’s stock worth $64,501,000 after buying an additional 1,588,266 shares during the period. Millennium Management LLC increased its stake in PagSeguro Digital by 41.1% in the 4th quarter. Millennium Management LLC now owns 4,754,227 shares of the company’s stock worth $41,552,000 after buying an additional 1,384,241 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in PagSeguro Digital in the 1st quarter worth about $8,059,000. Hedge funds and other institutional investors own 52.50% of the company’s stock.
PagSeguro Digital Company Profile
PagSeguro Digital Ltd. is engaged in the provision of financial technology solutions focused on consumers, individual entrepreneurs, micro-merchants, small companies and medium-sized companies in Brazil. Its business model covers the following pillars: Multiple digital payment solutions; In-person payments via POS devices that sell to merchants; Free digital accounts; Issuer of prepaid cards to clients for spending or withdrawing account balances, and Operating as an acquirer.
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