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
Shares of PagSeguro Digital Ltd (NYSE:PAGS) were trading down on Wednesday.
PagSeguro Digital股票(NYSE:PAGS)週三下跌。
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.
根據高盛的報告，自4月1日以來，公司報告收入和利潤的年同比增長率分別爲15%和33%，但股票自4月1日以來下跌了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的分析師Tito Labarta將其評級由中立升級到買入，同時維持價格目標不變，爲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.
在此次升級說明中，Labarta表示，巴西支付行業的當前環境應該支持該公司，因爲該公司在更有利可圖的中小企業和微商戶領域提供了競爭力。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
"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.
分析師寫道：“PagBank在支付方面的市場份額在過去一年中一直是增加的，尤其是在更有利可圖的中小企業領域，並穩定了其在微商戶領域中的市場份額損失。”
The pending privatization of Cielo "may create further opportunities" for StoneCo Ltd (NASDAQ:STNE) and PagSeguro Digital to gain share, he added.
他補充說，Cielo的即將私有化“可能創造進一步的機會”，使StoneCo Ltd (NASDAQ:STNE)和PagSeguro Digital可以獲得更多份額。
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.
分析師進一步表示，巴西利率期貨的預期使其股票表現不佳，但這創造了一個“有吸引力的入場點”。
PAGS Price Action: Shares of PagSeguro Digital had declined by 0.13% to $11.16 at the time of publication on Wednesday.
截至週三發佈時，PagSeguro Digital的股價下跌了0.13％至11.16美元。
譯文內容由第三人軟體翻譯。