PagSeguro Digital's Stock Has Reached An Attractive Entry Point, Says Bullish Analyst
PagSeguro Digital's Stock Has Reached An Attractive Entry Point, Says Bullish Analyst
The PagSeguro Digital Thesis: The current environment in Brazil's payments sector should favor the company, given its competitive offerings in the more profitable small and medium businesses and micro merchant segments, Labarta said in the upgrade note.Shares of PagSeguro Digital Ltd (NYSE:PAGS) were trading down on Wednesday.
PagSeguro Digital股票(NYSE:PAGS)周三下跌。
The stock has lost 20% since April 1, despite the company reporting an acceleration in its first-quarter year-on-year growth in revenues and earnings to 15% and 33%, respectively, according to Goldman Sachs.
根据高盛的报告，自4月1日以来，公司报告收入和利润的年同比增长率分别为15%和33%，但股票自4月1日以来下跌了20%。
The PagSeguro Digital Analyst: Tito Labarta upgraded the rating for PagSeguro Digital from Neutral to Buy, while keeping the price target unchanged at $15.
PagSeguro Digital的分析师Tito Labarta将其评级由中立升级到买入，同时维持价格目标不变，为15美元。
The PagSeguro Digital Thesis: The current environment in Brazil's payments sector should favor the company, given its competitive offerings in the more profitable small and medium businesses and micro merchant segments, Labarta said in the upgrade note.
在此次升级说明中，Labarta表示，巴西支付行业的当前环境应该支持该公司，因为该公司在更有利可图的中小企业和微商户领域提供了竞争力。
Check out other analyst stock ratings.
查看其他分析师的股票评级。
"PagBank has been able to gain the most market share in payments over the last year, with continued gains in the more profitable SMB segment, while stabilizing its market share losses in the micro merchant segment," the analyst wrote.
分析师写道：“PagBank在支付方面的市场份额在过去一年中一直是增加的，尤其是在更有利可图的中小企业领域，并稳定了其在微商户领域中的市场份额损失。”
The pending privatization of Cielo "may create further opportunities" for StoneCo Ltd (NASDAQ:STNE) and PagSeguro Digital to gain share, he added.
他补充说，Cielo的即将私有化“可能创造进一步的机会”，使StoneCo Ltd (NASDAQ:STNE)和PagSeguro Digital可以获得更多份额。
The stock's underperformance, which has created an "attractive entry point," has been driven mostly by expectations of higher interest rates in Brazil, Labarta further stated.
分析师进一步表示，巴西利率期货的预期使其股票表现不佳，但这创造了一个“有吸引力的入场点”。
PAGS Price Action: Shares of PagSeguro Digital had declined by 0.13% to $11.16 at the time of publication on Wednesday.
截至周三发布时，PagSeguro Digital的股价下跌了0.13％至11.16美元。