PagSeguro Digital Ltd (PAGS) Analysis & Forecast for 2024

PagSeguro Digital Ltd (NYSE: PAGS) is 6.66% higher on its value in year-to-date trading and has touched a low of $6.93 and a high of $13.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PAGS stock was last observed hovering at around $13.23 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $13.30, the stock is 2.14% and 10.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing 0.53% at the moment leaves the stock 31.83% off its SMA200. PAGS registered 43.94% gain for a year compared to 6-month gain of 35.16%. The firm has a 50-day simple moving average (SMA 50) of $0.41 and a 200-day simple moving average (SMA200) of $0.57.

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The stock witnessed a 6.66% loss in the last 1 month and extending the period to 3 months gives it a 79.00%, and is -1.34% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 3.48% over the month.

Current P/E ratio is 13.96 and Fwd P/E is 10.93. Profit margin for the company is 10.27%. Distance from 52-week low is 91.92% and -2.85% from its 52-week high. The company has generated returns on investments over the last 12 months (9.55%).

PagSeguro Digital Ltd quarterly earnings per share for the current quarter are estimated at $0.29 with sales reaching $842.36M over the same period.The EPS is expected to grow by 12.67% this year, but quarterly earnings will post 3.00% year-over-year. Quarterly sales are estimated to grow 6.10% in year-over-year returns.

PagSeguro Digital Ltd (PAGS) Top Institutional Holders

340 institutions hold shares in PagSeguro Digital Ltd (PAGS), with institutional investors hold 84.89% of the company’s shares. The shares outstanding are 331.37M, and float is at 203.02M with Short Float at 5.40%. Institutions hold 84.57% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 28.84 million shares valued at $272.24 million. The investor’s holdings represent 13.79% of the PAGS Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital World Investors with 24.57 million shares valued at $231.93 million to account for 11.75% of the shares outstanding. The other top investors are FMR, LLC which holds 20.87 million shares representing 9.98% and valued at over $196.98 million, while Sylebra Capital Ltd holds 5.52% of the shares totaling 11.55 million with a market value of $109.02 million.