PagSeguro Digital Ltd (NYSE: PAGS) Stock Sentiment Check: What Does Wall Street Say?

AMAT

PagSeguro Digital Ltd (NYSE:PAGS) traded at $14.13 at last check on Monday, March 18, made an upward move of 1.58% on its previous day’s price.

Looking at the stock we see that its previous close was $13.91 and the beta (5Y monthly) reads 1.77. The company has a trailing 12-month PE ratio of 13.80. In terms of its 52-week price range, PAGS has a high of $14.98 and a low of $6.93. The company’s stock has gained about 6.16% over that past 30 days.

PagSeguro Digital Ltd has a market cap of $4.68 billion and is expected to release its quarterly earnings report on May 23, 2024 – May 27, 2024. Estimates by analysts give the company expected earnings per share (EPS) of $0.29, with the EPS growth for the year raised at $1.29 for 2024 and $1.5 for next year. These figures represent 18.30% and 16.30% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $798.24 million, with a low of $787.46 million and a high of $811.7 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $3.44 billion, or 7.60% up from figures reported last year.

There have been 2 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the PAGS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Looking further, we note that the PEG ratio for the PAGS stock currently stands at 0.85, and the most recent price level today is 5.71% off its SMA20 and 7.77% from its 50-day simple moving average. The RSI (14) is pointing at 63.52 while the volatility over the past week is 3.18% and jumps to 3.54% over the past one month. The beta value is 1.77, while the average true range (ATR) is currently pointing at 0.48.

Coming back to PagSeguro Digital Ltd (NYSE:PAGS), we note that the average 3-month trading volume was 2.83 million, while that of the preceding 10-day period stands at 2.77 million. Current shares outstanding are 331.37 million.

The insiders hold 38.73% of the company’s shares while institutions hold 46.73%. The data shows that short shares as of Feb 29, 2024, stood at 11.14 million at a short ratio of 3.95. This represents a 3.38% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 10.95 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 13.31% up in year-to-date price movement.

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