Shares of PagSeguro Digital Ltd (NYSE:PAGS) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $33.86.

Several brokerages have weighed in on PAGS. Zacks Investment Research raised PagSeguro Digital from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Wednesday, February 13th. KeyCorp increased their price objective on PagSeguro Digital from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. raised PagSeguro Digital from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $27.00 to $35.00 in a report on Wednesday, March 27th. HSBC began coverage on PagSeguro Digital in a report on Tuesday, May 7th. They set a “reduce” rating and a $24.00 price objective for the company. Finally, Guggenheim raised PagSeguro Digital from a “neutral” rating to a “buy” rating in a report on Thursday.

PAGS stock opened at $25.69 on Thursday. The company has a market capitalization of $8.49 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 0.80 and a beta of 0.94. PagSeguro Digital has a 12-month low of $17.02 and a 12-month high of $36.07.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Tuesday, May 14th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.76. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. PagSeguro Digital had a return on equity of 18.34% and a net margin of 20.83%. PagSeguro Digital’s quarterly revenue was up 34.8% on a year-over-year basis. On average, analysts anticipate that PagSeguro Digital will post 1.18 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new stake in shares of PagSeguro Digital during the first quarter worth $28,000. Marshall Wace LLP purchased a new stake in shares of PagSeguro Digital during the first quarter worth $60,000. Catamount Wealth Management purchased a new stake in shares of PagSeguro Digital during the first quarter worth $66,000. Tortoise Index Solutions LLC purchased a new stake in shares of PagSeguro Digital during the first quarter worth $71,000. Finally, Ladenburg Thalmann Financial Services Inc. lifted its position in shares of PagSeguro Digital by 15.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,863 shares of the company’s stock worth $85,000 after acquiring an additional 385 shares in the last quarter.

About PagSeguro Digital

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.

Further Reading: Leveraged Buyout (LBO)

Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

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