A look into PagSeguro Digital Ltd. (PAGS)’s deeper side

PagSeguro Digital Ltd. (NYSE: PAGS) stock fell -1.42% on Friday to $9.01 against a previous-day closing price of $9.14. With 4.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.86 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $9.69 whereas the lowest price it dropped to was $8.94. The 52-week range on PAGS shows that it touched its highest point at $16.56 and its lowest point at $7.51 during that stretch. It currently has a 1-year price target of $12.36. Beta for the stock currently stands at 1.61.

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Price Performance and Earnings:

Three-month performance dropped to -12.35% while six-month performance rose 9.74%. The stock lost -42.50% in the past year, while it has gained 3.09% so far this year. A look at the trailing 12-month EPS for PAGS yields 0.97 with Next year EPS estimates of 6.15. For the next quarter, that number is 1.38. This implies an EPS growth rate of 30.20% for this year and 19.04% for next year. EPS is expected to grow by 15.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.10%.

Float and Shares Shorts:

At present, 323.52 million PAGS shares are outstanding with a float of 208.35 million shares on hand for trading. On Aug 30, 2023, short shares totaled 12.82 million, which was 3.98% higher than short shares on Jul 30, 2023. In addition to Mr. Alexandre Magnani as the firm’s CEO & COO, Mr. Artur Gaulke Schunck serves as its Chief Financial & Investor Relations Officer, Chief Accounting Officer and Director.

Institutional Ownership:

Through their ownership of 86.00% of PAGS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 49.48% of PAGS, in contrast to 47.49% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in PAGS with 12.05% of the stake, Capital Research & Management Co holds 24,568,959 shares worth 24,568,959. A second-largest stockholder of PAGS, Fidelity Management & Research Co, holds 18,410,232 shares, controlling over 9.03% of the firm’s shares. BlackRock Investment Management is the third largest shareholder in PAGS, holding 12,744,133 shares or 6.25% stake. With a 6.46% stake in PAGS, the Fidelity Inv. Trust – Emerging Ma is the largest stakeholder. A total of 13,157,449 shares are owned by the mutual fund manager. The American Funds New World Fund, which owns about 4.66% of PAGS stock, is the second-largest Mutual Fund holder. It holds 9,492,500 shares valued at 85.24 million. Government Pension Fund – Global holds 3.94% of the stake in PAGS, owning 8,032,842 shares worth 72.13 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, PAGS reported revenue of $2.26B and operating income of -$347.65M. The EBITDA in the recently reported quarter was $1.48B and diluted EPS was $1.10.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PAGS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With PAGS analysts setting a high price target of $77.96 and a low target of $39.13, the average target price over the next 12 months is $58.63. Based on these targets, PAGS could surge 765.26% to reach the target high and rise by 334.3% to reach the target low. Reaching the average price target will result in a growth of 550.72% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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