PAGS

Goldman Sachs Maintains PagSeguro Digital Ltd - (PAGS) Sell Recommendation

Fintel reports that on October 24, 2023, Goldman Sachs maintained coverage of PagSeguro Digital Ltd - (NYSE:PAGS) with a Sell recommendation.

Analyst Price Forecast Suggests 61.25% Upside

As of October 5, 2023, the average one-year price target for PagSeguro Digital Ltd - is 12.37. The forecasts range from a low of 8.08 to a high of $16.80. The average price target represents an increase of 61.25% from its latest reported closing price of 7.67.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for PagSeguro Digital Ltd - is 20,289MM, an increase of 32.14%. The projected annual non-GAAP EPS is 5.80.

What is the Fund Sentiment?

There are 366 funds or institutions reporting positions in PagSeguro Digital Ltd -. This is an increase of 88 owner(s) or 31.65% in the last quarter. Average portfolio weight of all funds dedicated to PAGS is 0.28%, a decrease of 0.38%. Total shares owned by institutions increased in the last three months by 5.11% to 212,613K shares. PAGS / PagSeguro Digital Ltd - Class A Put/Call Ratios The put/call ratio of PAGS is 0.33, indicating a bullish outlook.

What are Other Shareholders Doing?

PAGS / PagSeguro Digital Ltd - Class A Shares Held by Institutions

Capital World Investors holds 24,569K shares representing 7.63% ownership of the company. In it's prior filing, the firm reported owning 24,548K shares, representing an increase of 0.09%. The firm increased its portfolio allocation in PAGS by 2.59% over the last quarter.

FEMSX - Fidelity Series Emerging Markets Opportunities Fund holds 13,157K shares representing 4.08% ownership of the company. In it's prior filing, the firm reported owning 13,699K shares, representing a decrease of 4.11%. The firm increased its portfolio allocation in PAGS by 4.35% over the last quarter.

Sylebra Capital holds 11,549K shares representing 3.59% ownership of the company. In it's prior filing, the firm reported owning 13,296K shares, representing a decrease of 15.13%. The firm decreased its portfolio allocation in PAGS by 11.81% over the last quarter.

Tekne Capital Management holds 11,262K shares representing 3.50% ownership of the company. In it's prior filing, the firm reported owning 11,246K shares, representing an increase of 0.14%. The firm increased its portfolio allocation in PAGS by 147.16% over the last quarter.

NEWFX - NEW WORLD FUND INC holds 9,492K shares representing 2.95% ownership of the company. No change in the last quarter.

PagSeguro Digital Background Information
(This description is provided by the company.)

PagSeguro is a disruptive provider of financial technology solutions focused primarily on consumers, individual entrepreneurs, micro-merchants, small companies and medium-sized companies in Brazil.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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