Goldman lifts PagSeguro Digital Ltd [PAGS] price estimate. Who else is bullish?

PagSeguro Digital Ltd [NYSE: PAGS] surged by $0.33 during the normal trading session on while it closed the day at $13.14. The company report on March 20, 2023 at 8:27 AM that FINANCIAL TECHNOLOGY PARTNERS FORMALLY LAUNCHES THE ONLY PURE FINTECH EQUITY RESEARCH PLATFORM – WITH INITIAL COVERAGE OF 25 PUBLIC FINTECH COMPANIES.

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PagSeguro Digital Ltd stock has also gained 2.98% of its value over the past 7 days. However, PAGS stock has inclined by 73.35% in the 3 months of the year. Over the past six months meanwhile, it has gained 22.35% and gained 5.37% year-on date.

The market cap for PAGS stock reached $4.35 billion, with 331.37 million shares outstanding and 203.02 million shares in the current float. Compared to the average trading volume of 3.64M shares, PAGS reached a trading volume of 2651173 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about PagSeguro Digital Ltd [PAGS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PAGS shares is $13.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PAGS stock is a recommendation set at 2.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for PagSeguro Digital Ltd shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 22, 2024.

The Average True Range (ATR) for PagSeguro Digital Ltd is set at 0.44, with the Price to Sales ratio for PAGS stock in the period of the last 12 months amounting to 1.44. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 1.84. Price to Free Cash Flow for PAGS in the course of the last twelve months was 7.46 with Quick ratio for the last quarter at 1.43.

PAGS stock trade performance evaluation

PagSeguro Digital Ltd [PAGS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.98. With this latest performance, PAGS shares gained by 10.05% in over the last four-week period, additionally plugging by 22.35% over the last 6 months – not to mention a rise of 40.53% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PAGS stock in for the last two-week period is set at 67.01, with the RSI for the last a single of trading hit 68.02, and the three-weeks RSI is set at 66.71 for PagSeguro Digital Ltd [PAGS]. The present Moving Average for the last 50 days of trading for this stock 11.20, while it was recorded at 12.82 for the last single week of trading, and 9.87 for the last 200 days.

PagSeguro Digital Ltd [PAGS]: An insightful look at the core fundamentals

PagSeguro Digital Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.44.

Earnings per share (EPS) analysis for PagSeguro Digital Ltd [PAGS] stock

With the latest financial reports released by the company, PagSeguro Digital Ltd posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.25/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PAGS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PagSeguro Digital Ltd go to 11.08%.

PagSeguro Digital Ltd [PAGS]: Institutional Ownership

The top three institutional holders of PAGS stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in PAGS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in PAGS stock with ownership which is approximately 5.8325%.