PagSeguro Digital Ltd [PAGS] stock Upgrade by Goldman analyst, price target now $15

ETSY Stock

PagSeguro Digital Ltd [NYSE: PAGS] stock went on an upward path that rose over 3.17% on Friday, amounting to a one-week price decrease of less than -5.71%.

Over the last 12 months, PAGS stock rose by 19.93%. The one-year PagSeguro Digital Ltd stock forecast points to a potential upside of 30.38. The average equity rating for PAGS stock is currently 1.68, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $3.65 billion, with 329.61 million shares outstanding and 208.35 million shares in the current float. Compared to the average trading volume of 3.70M shares, PAGS stock reached a trading volume of 36808395 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $15.90 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 1.68. 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 Buy, with their previous recommendation back on June 26, 2024. While these analysts kept the previous recommendation, Evercore ISI raised their target price from $12 to $18. The new note on the price target was released on March 26, 2024, representing the official price target for PagSeguro Digital Ltd stock. Previously, the target price had yet another raise from $15 to $18, while New Street kept a Buy rating on PAGS stock.

The Average True Range (ATR) for PagSeguro Digital Ltd is set at 0.57, with the Price to Sales ratio for PAGS stock in the period of the last 12 months amounting to 1.08. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 3.40.

PAGS Stock Performance Analysis:

PagSeguro Digital Ltd [PAGS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.71. With this latest performance, PAGS shares dropped by -10.65% in over the last four-week period, additionally sinking by -19.14% over the last 6 months – not to mention a rise of 19.93% 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 37.63, with the RSI for the last a single of trading hit 34.28, and the three-weeks RSI is set at 40.19 for PagSeguro Digital Ltd [PAGS]. The present Moving Average for the last 50 days of trading for this stock 12.44, while it was recorded at 11.00 for the last single week of trading, and 12.37 for the last 200 days.

Insight into PagSeguro Digital Ltd Fundamentals:

PagSeguro Digital Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.48 and a Current Ratio set at 1.48.

PAGS Stock EPS

With the latest financial reports released by the company, PagSeguro Digital Ltd posted 0.28/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 16.80%.

PagSeguro Digital Ltd [PAGS] Institutonal Ownership Details

The top three institutional holders of PAGS stocks are: BLACKROCK INC. with ownership of 21.52 million shares, which is approximately 6.7897%. FMR LLC, holding 19.82 million shares of the stock with an approximate value of $$231.73 million in PAGS stocks shares; and FMR LLC, currently with $$127.7 million in PAGS stock with ownership which is approximately 3.4468%.

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