HSBC upgraded shares of PagSeguro Digital (NYSE:PAGS) from a hold rating to a buy rating in a research report sent to investors on Monday, Briefing.com Automated Import reports.

PAGS has been the subject of a number of other research reports. Evercore ISI dropped their price objective on PagSeguro Digital from $65.00 to $56.00 and set an outperform rating for the company in a report on Tuesday, October 15th. ValuEngine downgraded PagSeguro Digital from a hold rating to a sell rating in a report on Tuesday, October 29th. Credit Suisse Group upgraded PagSeguro Digital from an underperform rating to a neutral rating in a report on Monday, July 22nd. Zacks Investment Research downgraded PagSeguro Digital from a buy rating to a hold rating in a report on Wednesday, October 30th. Finally, Deutsche Bank upped their price objective on PagSeguro Digital from $40.00 to $57.00 and gave the company a buy rating in a report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. PagSeguro Digital has a consensus rating of Buy and an average price target of $42.20.

Shares of PAGS stock traded up $0.04 on Monday, reaching $36.54. 2,328,478 shares of the stock were exchanged, compared to its average volume of 2,341,830. The stock has a market cap of $11.88 billion, a PE ratio of 41.52, a P/E/G ratio of 1.19 and a beta of 0.47. PagSeguro Digital has a one year low of $17.02 and a one year high of $53.43. The stock has a 50 day moving average price of $40.53 and a 200 day moving average price of $40.40.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Thursday, August 15th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. The company had revenue of $354.49 million during the quarter, compared to the consensus estimate of $332.31 million. PagSeguro Digital had a return on equity of 18.82% and a net margin of 23.12%. As a group, analysts anticipate that PagSeguro Digital will post 1.15 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PAGS. Marshall Wace LLP bought a new stake in PagSeguro Digital in the first quarter valued at about $60,000. FMR LLC grew its stake in PagSeguro Digital by 1,638.1% in the first quarter. FMR LLC now owns 9,907 shares of the company’s stock valued at $296,000 after acquiring an additional 9,337 shares during the period. Amundi Pioneer Asset Management Inc. grew its stake in PagSeguro Digital by 5.3% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 594,794 shares of the company’s stock valued at $17,755,000 after acquiring an additional 30,094 shares during the period. Carroll Financial Associates Inc. acquired a new position in PagSeguro Digital in the second quarter valued at about $179,000. Finally, Xact Kapitalforvaltning AB acquired a new position in PagSeguro Digital in the second quarter valued at about $1,216,000. Institutional investors and hedge funds own 53.72% of the company’s stock.

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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Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

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