PagSeguro Digital Ltd (NYSE:PAGS) shares, rose in value, with the stock price down by -0.88% to the previous day’s close as strong demand from buyers drove the stock to $13.47.
Actively observing the price movement in the last trading, the stock closed the session at $13.59. The value of beta (5-year monthly) was 1.77 whereas the PE ratio was 13.16 over 12-month period. Referring to stock’s 52-week performance, its high was $14.98, and the low was $6.93. On the whole, PAGS has fluctuated by 4.42% over the past month.
With the market capitalization of PagSeguro Digital Ltd currently standing at about $4.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 23, 2024 – May 27, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.29, which is expected to increase to $0.32 for fiscal year $1.29 and then to about $1.5 by fiscal year 2025. Data indicates that the EPS growth is expected to be 19.40% in 2025, while the next year’s EPS growth is forecast to be 16.30%.
Analysts have estimated the company’s revenue for the quarter at $779.65 million, with a low estimate of $680.34 million and a high estimate of $822.36 million. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $3.42 billion, representing an increase of 8.20% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were 1 upward and no downward review(s) in last seven days. We see that PAGS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.81, with the price of PAGS currently trading nearly -3.04% and -0.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.02, while the 7-day volatility ratio is showing 3.21% which for the 30-day chart, stands at 3.23%. Furthermore, PagSeguro Digital Ltd (PAGS)’s beta value is 1.80, and its average true range (ATR) is 0.48.
A comparison of PagSeguro Digital Ltd (PAGS) with its peers suggests the former has fared considerably weaker in the market. PAGS showed an intraday change of -0.88% in last session, and over the past year, it grew by 70.51%%.
Data on historical trading for PagSeguro Digital Ltd (NYSE:PAGS) indicates that the trading volumes over the past 10 days have averaged 2.58 million and over the past 3 months, they’ve averaged 2.96 million. According to company’s latest data on outstanding shares, there are 331.37 million shares outstanding.
Nearly 38.73% of PagSeguro Digital Ltd’s shares belong to company insiders and institutional investors own 46.68% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.64 million shares as on Mar 15, 2024, resulting in a short ratio of 4.53. According to the data, the short interest in PagSeguro Digital Ltd (PAGS) stood at 3.84% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 10.78 million. The stock has risen by 8.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PAGS stock heading into the next quarter.
