We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why PagSeguro Digital Ltd. (PAGS) Outpaced the Stock Market Today
Read MoreHide Full Article
PagSeguro Digital Ltd. (PAGS - Free Report) ended the recent trading session at $10.32, demonstrating a +2.79% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.48%.
The company's shares have seen an increase of 12.05% over the last month, surpassing the Business Services sector's loss of 0.31% and the S&P 500's gain of 2.87%.
Market participants will be closely following the financial results of PagSeguro Digital Ltd. in its upcoming release. It is anticipated that the company will report an EPS of $0.36, marking a 12.5% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $947.9 million, indicating a 8.8% upward movement from the same quarter last year.
PAGS's full-year Zacks Consensus Estimates are calling for earnings of $1.4 per share and revenue of $3.68 billion. These results would represent year-over-year changes of +15.7% and +5.35%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for PagSeguro Digital Ltd. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 8.53% higher. Right now, PagSeguro Digital Ltd. possesses a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, PagSeguro Digital Ltd. is currently exchanging hands at a Forward P/E ratio of 7.17. This indicates a discount in contrast to its industry's Forward P/E of 14.63.
It is also worth noting that PAGS currently has a PEG ratio of 0.5. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Financial Transaction Services industry stood at 1.19 at the close of the market yesterday.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 52, positioning it in the top 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PAGS in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why PagSeguro Digital Ltd. (PAGS) Outpaced the Stock Market Today
PagSeguro Digital Ltd. (PAGS - Free Report) ended the recent trading session at $10.32, demonstrating a +2.79% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.48%.
The company's shares have seen an increase of 12.05% over the last month, surpassing the Business Services sector's loss of 0.31% and the S&P 500's gain of 2.87%.
Market participants will be closely following the financial results of PagSeguro Digital Ltd. in its upcoming release. It is anticipated that the company will report an EPS of $0.36, marking a 12.5% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $947.9 million, indicating a 8.8% upward movement from the same quarter last year.
PAGS's full-year Zacks Consensus Estimates are calling for earnings of $1.4 per share and revenue of $3.68 billion. These results would represent year-over-year changes of +15.7% and +5.35%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for PagSeguro Digital Ltd. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 8.53% higher. Right now, PagSeguro Digital Ltd. possesses a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, PagSeguro Digital Ltd. is currently exchanging hands at a Forward P/E ratio of 7.17. This indicates a discount in contrast to its industry's Forward P/E of 14.63.
It is also worth noting that PAGS currently has a PEG ratio of 0.5. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Financial Transaction Services industry stood at 1.19 at the close of the market yesterday.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 52, positioning it in the top 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PAGS in the coming trading sessions, be sure to utilize Zacks.com.