PagSeguro Digital Ltd. (NYSE:PAGS) finished Thursday with a subtraction of -$0.23 to close at $8.70, a downside of -2.58 percent. An average of 5,490,460 shares of common stock have been traded in the last five days. There was a fall of -$0.30 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 4,933,570 shares traded, while the 50-day average volume stands at 5,150,918.
PAGS stock has decreased by -18.99% in the last month. The company shares reached their 1-month lowest point of $8.60 on 08/17/23. With the stock rallying to its 52-week high on 05/23/23, shares of the company touched a low of $7.51 and a high of $19.49 in 52 weeks. It has reached a new high 16 times so far this year and lost -0.46% or -$0.04 in price. In spite of this, the price is down -55.36% from the 52-week high.
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Valuation Metrics
PagSeguro Digital Ltd. (PAGS) has a trailing price-to-earnings (P/E) ratio of 9.35. The stock’s beta is 1.62. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.92, the price-to-book (PB) ratio at 1.15.
Financial Health
The quick ratio of PagSeguro Digital Ltd. for the three months ended March 30 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.02 for the quarter ending March 30. Its gross profit as reported stood at $1.52 billion compared to revenue of $2.97 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, PagSeguro Digital Ltd.’s return on assets was 3.60%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $285.91 million in the quarter, while revenues were grew 22.51%. The analyst consensus anticipated PagSeguro Digital Ltd.’s latest quarter earnings to come in at $0.23 per share, but it turned out to be $0.25, a 8.70% surprise. For the quarter, EBITDA amounted to $317.36 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at PagSeguro Digital Ltd. (PAGS) price momentum. RSI 9-day as of the close on 24 August was 27.09%, suggesting the stock is oversold, with historical volatility in this time frame at 26.70%.
As of today, PAGS’s price is $8.89 -3.33% or -$0.30 from its 5-day moving average. PAGS is currently trading -15.29% lower than its 20-day SMA and +1.52% higher than its 100-day SMA. However, the stock’s current price level is -16.27% below the SMA50 and -34.24% below the SMA200.
The stochastic %K and %D were 11.07% and 12.80%, respectively, and the average true range (ATR) was 0.42. With the 14-day stochastic at 5.21% and the average true range at 0.45, the RSI (14) stands at 33.90%. The stock has reached -0.16 on the 9-day MACD Oscillator while the 14-day reading was at -0.53.
Analyst Ratings
UBS upgraded PagSeguro Digital Ltd. (NYSE: PAGS) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for PagSeguro Digital Ltd. (PAGS) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell PAGS, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
What is PAGS’s price target for the next 12 months?
Analysts predict a range of price targets between $39.47 and $85.16, with a median target of $62.95. Taking a look at these predictions, the average price target given by analysts for PagSeguro Digital Ltd. (PAGS) stock is $61.22.
