PAGS Stock Recent News

PagSeguro Digital Ltd. (PAGS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The average of price targets set by Wall Street analysts indicates a potential upside of 50% in PagSeguro Digital Ltd. (PAGS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

PagSeguro is a disruptor in Brazil's payment space and is counter-positioned against the legacy players that donate market share to new entrants. Central bank interest rates turned from a headwind to a tailwind after the SELIC rate was cut for the first time in 3 years from 13.75% to 13.25%. The market is underappreciating the positive impact of lower interest rates on growth and profitability.

Fintel reports that on August 3, 2023, UBS upgraded their outlook for PagSeguro Digital Ltd – (NYSE:PAGS) from Neutral to Buy.

Investors looking for stocks in the Financial Transaction Services sector might want to consider either PagSeguro Digital Ltd. (PAGS) or Fiserv (FI).

Speculative stocks are inherently risky, but they have the potential for significant gains in the current environment. Many investors are still entrenched in defensive stocks, and the recent stock market rally has been mainly limited to profitable companies in the hottest sectors like artificial intelligence and cloud computing.

The mean of analysts' price targets for PagSeguro Digital Ltd. (PAGS) points to a 50.8% upside in the stock.

The Brazilian fintech company may not meet its loan portfolio composition target for this year. Brazil's central bank also released some downbeat macroeconomic news Friday.

PagSeguro Digital Ltd. (NYSE:PAGS ) Q1 2023 Earnings Conference Call May 25, 2023 5:00 PM ET Company Participants Eric Oliveira - Investor Relations and ESG Director Ricardo Dutra - Chief Executive Officer, UOL Group Alexandre Magnani - Chief Executive Officer Artur Schunck - Chief Financial Officer Conference Call Participants John Coffey - Barclays Mario Pierry - Bank of America Craig Maurer - FT Partners Bryan Keane - Deutsche Bank Pedro Leduc - Itau BBA Neha Agarwala - HSBC Soomit Datta - New Street Research Josh Siegler - Cantor Fitzgerald Kaio Prato - UBS Eduardo Rosman - BTG Pactual Geoffrey Elliott - Autonomous Research Juan Recalde - Scotiabank Alexander Markgraff - KeyBanc Capital Markets Operator Good evening.

Investors interested in Financial Transaction Services stocks are likely familiar with PagSeguro Digital Ltd. (PAGS) and Adyen N.V.