PagSeguro Digital Ltd. (NYSE:PAGS) concluded the trading on Thursday, Oct 15, with a fall of -0.89% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $39.54 and 5Y monthly beta was reading 0 with its price kept floating in the range of $38.60 and $39.59 on the day. Company’s P/E ratio for the trailing 12 months is 53.18. Considering stock’s 52-week price range provides that PAGS hit a high price of $45.76 and saw its price falling to a low level of $13.58 during that period. Over a period of past 1-month, stock came adding 5.21% in its value.
With its current market valuation of $12.6 Billion, PagSeguro Digital Ltd. is set to declare its quarterly results on August 27, 2020. PAGS Stock’s Forward Dividend of 0 and its yield of 0 are making investors’ thoughts stronger that it could fall further before the company announces its earnings for the current quarter. Analysts are in estimates of $0.2 per share for company’s earnings in the current quarter and are expecting its annual EPS growth stable at $0.81 for 2020 with estimates of that growing to $1.18 in next year. These estimates are suggesting current year growth of 0% for EPS and 0.46% growth next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $306.31 Million. They suggested that in the process company could generate revenue of as low as $271.51 Million which could climb up to $330.92 Million to hit a high. The average estimate is representing an increase of 13.2% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $1.2 Billion in 2020, which will be +13.8% more from revenue generated by the company last year.
In contrast, when we review PAGS stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 16 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 4 of them are recommending PagSeguro Digital Ltd. (PAGS) as a Hold, while 11 are in view that stock is a Buy. Recommendation by None analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas 1 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
In comparing PagSeguro Digital Ltd. (PAGS)’s stock with other industry players reveals that stock’s latest price change of -0.89% and that of -0.86% over the past 12 months is in competing position with that of Visa Inc (V) which saw its stock price fell by -1.31% in the recent trading and went through an increase of 12.19% in past 12-month trading. Industry’s another major player Mastercard Inc (MA) has fell -1.21% down in latest trading session, but over the past year has faced a rise of 21.67%, while Fidelity National Information Services (FIS) is also down -0.89% however its price remained floating in the red at -0.86% over the same period. PagSeguro Digital Ltd. has a P/E ratio of 53.18 against that of Visa Inc’s 37.94 while Mastercard Inc is showing 47.02 for the same. On the other hand, the S&P 500 Index was down -0.15% in the early deals while the Dow Jones Industrial was dealing lower at -0.07%.
Having a second look at PagSeguro Digital Ltd. (NYSE:PAGS) provides that stock’s average daily trading volume for 3 months was 1.4 Million, while it jumped to 894.73 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 179.08 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 0% while it is 107.49% for the institutional holders. The figures also indicate that as of September 29, 2020, number of stock’s short shares was 19400000 which implies a short ratio of 12.49. This shows up a 5.9% of Short Interest in company’s outstanding shares on the day. In September the standing of shares short improved as it was 18.24 Million in the previous month. Addition of +14.72% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.