Can PagSeguro Digital Ltd (PAGS) stock recover despite sales dropping?

In yesterday’s Wall Street session, PagSeguro Digital Ltd (NYSE:PAGS) shares traded at $7.42, down -0.13% from the previous session.

18 analysts cover PagSeguro Digital Ltd (NYSE:PAGS), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $80.69 and a low of $35.34, we find $58.70. Given the previous closing price of $7.43, this indicates a potential upside of 690.04 percent. PAGS stock price is now -9.58% away from the 50-day moving average and -20.11% away from the 200-day moving average. The market capitalization of the company currently stands at $2.46B.

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The stock has received a hold rating from 7 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $58.80 as their price target over the next twelve months.

With the price target maintained at $14, New Street recently Upgraded its rating from Neutral to Buy for PagSeguro Digital Ltd (NYSE: PAGS).

A total of 38.73% of the company’s stock is owned by insiders.

On Thursday morning PagSeguro Digital Ltd (NYSE: PAGS) stock kicked off with the opening price of $7.55. During the past 12 months, PagSeguro Digital Ltd has had a low of $6.93 and a high of $14.19. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 1.43, and a quick ratio of 1.42. According to the stock market information, the enterprise value for the company is $1.88B, which is based on a 8.13 price-to-earnings ratio, a 0.51 price-to-earnings-growth ratio, and a beta of 1.67. The fifty day moving average price for PAGS is $8.21 and a two-hundred day moving average price translates $9.29 for the stock.

The latest earnings results from PagSeguro Digital Ltd (NYSE: PAGS) was released for Jun, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.25, inline with analysts’ expectations of $0.25. This compares to $0.22 EPS in the same period last year. The net profit margin was 10.05% and return on equity was 12.63% for PAGS. The company reported revenue of $772.83 million for the quarter, compared to $794.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.74 percent. For the current quarter, analysts expect PAGS to generate $791.87M in revenue.

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