|Bid||0.00 x 1300|
|Ask||0.00 x 4000|
|Day's Range||9.76 - 10.59|
|52 Week Range||9.45 - 29.28|
|Beta (5Y Monthly)||1.52|
|PE Ratio (TTM)||13.00|
|Earnings Date||Nov 22, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.66|
Does the November share price for PagSeguro Digital Ltd. ( NYSE:PAGS ) reflect what it's really worth? Today, we will...
Shares of Brazilian fintech PagSeguro Digital (NYSE: PAGS) were plummeting on Wednesday, declining about 18% as of 1:28 p.m. ET. The company, which is a payments processor for small and medium-sized merchants in Brazil, as well as a digital bank for Brazilian merchants and consumers alike, reported third-quarter earnings today. In the third quarter, PagSeguro's revenue rose 45% to just over 4 billion reals, which seems like a strong result, given all of the economic headwinds in Brazil and across the world.
PagSeguro Digital Ltd. (PAGS) delivered earnings and revenue surprises of 9.09% and 1.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?