Brokerages Anticipate PagSeguro Digital Ltd (PAGS) Will Announce Earnings of $0.25 Per Share

Brokerages expect PagSeguro Digital Ltd (NYSE:PAGS) to post earnings per share (EPS) of $0.25 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for PagSeguro Digital’s earnings. The lowest EPS estimate is $0.23 and the highest is $0.27. PagSeguro Digital reported earnings per share of $0.23 during the same quarter last year, which indicates a positive year over year growth rate of 8.7%. The firm is scheduled to announce its next earnings results on Tuesday, June 4th.

On average, analysts expect that PagSeguro Digital will report full-year earnings of $1.19 per share for the current fiscal year, with EPS estimates ranging from $1.13 to $1.22. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.57 per share, with EPS estimates ranging from $1.51 to $1.65. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow PagSeguro Digital.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Thursday, February 21st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $332.88 million during the quarter, compared to analysts’ expectations of $331.83 million. PagSeguro Digital had a return on equity of 18.34% and a net margin of 20.83%.

Several equities analysts have issued reports on PAGS shares. Zacks Investment Research lowered PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Friday, February 22nd. JPMorgan Chase & Co. raised PagSeguro Digital from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $27.00 to $35.00 in a report on Wednesday, March 27th. Finally, Guggenheim started coverage on PagSeguro Digital in a report on Wednesday, January 9th. They set a “neutral” rating and a $21.65 price objective on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $32.46.

Large investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC bought a new stake in shares of PagSeguro Digital during the 1st quarter valued at about $28,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in PagSeguro Digital in the 1st quarter worth about $90,000. Intellectus Partners LLC grew its position in PagSeguro Digital by 72.6% in the 4th quarter. Intellectus Partners LLC now owns 5,350 shares of the company’s stock worth $100,000 after purchasing an additional 2,250 shares during the last quarter. Toth Financial Advisory Corp grew its position in PagSeguro Digital by 5,275.0% in the 1st quarter. Toth Financial Advisory Corp now owns 10,750 shares of the company’s stock worth $321,000 after purchasing an additional 10,550 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in PagSeguro Digital in the 4th quarter worth about $206,000.

Shares of PAGS stock traded down $2.73 during trading hours on Friday, reaching $25.30. The company had a trading volume of 13,052,106 shares, compared to its average volume of 2,470,369. The firm has a market capitalization of $3.11 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. PagSeguro Digital has a 12-month low of $17.02 and a 12-month high of $38.80.

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.

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Earnings History and Estimates for PagSeguro Digital (NYSE:PAGS)

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