Equities research analysts expect PagSeguro Digital Ltd (NYSE:PAGS) to post $378.52 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for PagSeguro Digital’s earnings. The highest sales estimate is $382.02 million and the lowest is $375.02 million. PagSeguro Digital posted sales of $332.88 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.7%. The company is expected to report its next quarterly earnings results on Thursday, February 20th.
According to Zacks, analysts expect that PagSeguro Digital will report full-year sales of $1.35 billion for the current financial year, with estimates ranging from $1.34 billion to $1.35 billion. For the next financial year, analysts anticipate that the company will post sales of $1.71 billion, with estimates ranging from $1.65 billion to $1.77 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover PagSeguro Digital.
PagSeguro Digital (NYSE:PAGS) last announced its quarterly earnings results on Tuesday, November 19th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. PagSeguro Digital had a return on equity of 19.33% and a net margin of 23.77%. The business had revenue of $369.11 million during the quarter, compared to the consensus estimate of $362.71 million.
PagSeguro Digital stock traded down $0.54 during trading on Friday, hitting $27.96. 2,677,625 shares of the company were exchanged, compared to its average volume of 3,653,303. The business’s 50 day moving average is $34.63 and its 200 day moving average is $41.04. PagSeguro Digital has a 52 week low of $17.02 and a 52 week high of $53.43. The company has a market capitalization of $9.31 billion, a P/E ratio of 31.77, a PEG ratio of 1.00 and a beta of 0.38.
Several hedge funds have recently bought and sold shares of PAGS. Marshall Wace LLP bought a new position in shares of PagSeguro Digital during the 1st quarter worth $60,000. FMR LLC grew its stake in shares of PagSeguro Digital by 1,638.1% during the 1st quarter. FMR LLC now owns 9,907 shares of the company’s stock worth $296,000 after acquiring an additional 9,337 shares during the period. Amundi Pioneer Asset Management Inc. grew its stake in shares of PagSeguro Digital by 5.3% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 594,794 shares of the company’s stock worth $17,755,000 after acquiring an additional 30,094 shares during the period. SG Americas Securities LLC grew its stake in shares of PagSeguro Digital by 671.6% during the 2nd quarter. SG Americas Securities LLC now owns 83,042 shares of the company’s stock worth $3,236,000 after acquiring an additional 72,280 shares during the period. Finally, BNP Paribas Arbitrage SA bought a new position in shares of PagSeguro Digital during the 2nd quarter worth $246,000. Institutional investors own 50.18% of the company’s stock.
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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