PAGS Stock Recent News
PAGS LATEST HEADLINES
In the closing of the recent trading day, PagSeguro Digital Ltd. (PAGS) stood at $7.70, denoting a +0.92% change from the preceding trading day.
In the most recent trading session, PagSeguro Digital Ltd. (PAGS) closed at $7.85, indicating a +0.13% shift from the previous trading day.
PagSeguro stock is undervalued after a recent pullback, with strong growth in both payment processing and digital banking segments. Despite Brazil's economic challenges, PagSeguro's Q3 2024 performance shows a 37% increase in TPV, 20% revenue growth, and 30% net income rise. The company's ecosystem strategy, including Pix and new investment platforms, enhances cross-selling opportunities and customer retention, driving future growth.
PagSeguro Digital Ltd. (PAGS) reachead $7.06 at the closing of the latest trading day, reflecting a -0.56% change compared to its last close.
Growth stocks have been all the rage in the post-pandemic era, and there's a good chance that they could continue spearheading the market's gains.
The latest trading day saw PagSeguro Digital Ltd. (PAGS) settling at $6.36, representing a +1.44% change from its previous close.
PagSeguro holds a small market share in Brazil's saturated payments market. Brazil's rising inflation, interest rates, and BRL/USD devaluation have negatively impacted PAGS's performance. Also, increased expenses and shrinking margins have led to investor dissatisfaction and downgrades. With a low P/E ratio of 6.7x and 15% projected growth, the Company still presents a "Growth At a Reasonable Price" opportunity, but risks remain.
3 Growth Stocks Down 40% to Buy Right Now
PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.30 per share.
Recurring net income reaches a record R$572 million, up 30% year-on-year; Revenue growth driven by robust growth in acquiring (TPV) and acceleration of the banking platform SÃO PAULO, Nov. 14, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a leading digital bank offering a comprehensive suite of financial services and payment solutions, announced strong results for the third quarter of 2024 (3Q24). The Company reported net revenues of R$4.8 billion in 3Q24 (+20% YoY).