Morgan Stanley slashes price target on PagSeguro Digital Ltd [PAGS] – find out why.

PagSeguro Digital Ltd [NYSE: PAGS] price plunged by -0.55 percent to reach at -$0.05.

The one-year PAGS stock forecast points to a potential upside of 40.7. The average equity rating for PAGS stock is currently 1.79, trading closer to a bullish pattern in the stock market.

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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 $15.38 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 1.79. 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.

Morgan Stanley have made an estimate for PagSeguro Digital Ltd shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on September 05, 2024. The new note on the price target was released on June 26, 2024, representing the official price target for PagSeguro Digital Ltd stock. Previously, the target price had yet another raise from $12 to $18, while Evercore ISI kept a Outperform rating on PAGS stock. On March 18, 2024, analysts increased their price target for PAGS shares from 15 to 18.

The Average True Range (ATR) for PagSeguro Digital Ltd is set at 0.56, with the Price to Sales ratio for PAGS stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 1.13, 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 -17.54. With this latest performance, PAGS shares dropped by -27.16% in over the last four-week period, additionally sinking by -32.24% over the last 6 months – not to mention a rise of 5.80% 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 25.25, with the RSI for the last a single of trading hit 18.57, and the three-weeks RSI is set at 29.97 for PagSeguro Digital Ltd [PAGS]. The present Moving Average for the last 50 days of trading for this stock 12.26, while it was recorded at 9.60 for the last single week of trading, and 12.40 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

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%.