Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about PagSeguro Digital Ltd. (PAGS) .PagSeguro Digital currently has an average ...

文章核心观点 - 尽管PagSeguro (NYSE:PAGS)的2Q FY2024财报超预期,但其股价动能受到压力,主要由于当前利率水平较高[1] - 公司正在通过获取更多中大型企业客户来提高营收和利润,并且TPV增长显著超过行业平均水平[3][4] - 公司大幅上调了2024财年TPV指引,反映了其服务需求强劲,有望带动2H FY2024的营收增长[4] - 尽管利率高企,但公司的财务收入增长仍在超过财务费用,利润率有望继续改善[6][9] - 公司还提高了2024财年的净利润目标,显示其盈利能力有望进一步提升[10] - 目前公司估值较低,具有较高的长期增长潜力和价值洼地特征[12][13] 根据目录分别总结 公司业务模式 - 公司正在通过获取更多中大型企业客户来提高营收和利润,TPV增长显著超过行业平均水平[3][4] - 公司大幅上调了2024财年TPV指引,反映了其服务需求强劲,有望带动2H FY2024的营收增长[4] 财务表现 - 尽管利率高企,但公司的财务收入增长仍在超过财务费用,利润率有望继续改善[6][9] - 公司还提高了2024财年的净利润目标,显示其盈利能力有望进一步提升[10] 估值分析 - 目前公司估值较低,具有较高的长期增长潜力和价值洼地特征[12][13]

In acquiring, record TPV of 124 billion BRL, three times the industry's growth; in banking, record revenue of 434 million BRL, +41% higher than the same period in 2023SÃO PAULO, Aug. 21, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution, announces its results for the second quarter of 2024 (2Q24). Among the key highlights of the period, the company recorded a record net income (Non-GAAP) of 542 million BRL (+31% y/y). Net income in a GAAP basis, a ...

Marcio Binow Da Silva/iStock via Getty Images Some LatAm fintechs are attracting the attention of investors because they combine growth potential with a cheap valuation. One example of this is Nu Holdings (NU), but as I mentioned in a recent article, its valuation has already become premium. However, there are other alternatives that still have more attractive valuations and similar characteristics. This is the case of PagSeguro (NYSE:PAGS), a Brazilian fintech (in the payments and banking sector) that ...

财务数据和关键指标变化 - 总收入同比增长19%，达到46亿雷亚尔，创历史新高 [12] - 毛利率接近40%，同比提升86个基点 [12] - 上半年毛利率达40.3% [12] - 净利润(GAAP)同比增长30%，达5.04亿雷亚尔，创历史新高 [36] - 每股收益(GAAP)同比增长32%，达1.56雷亚尔 [36] - 净利润(非GAAP)同比增长31%，达5.42亿雷亚尔，创历史新高 [35] - 每股收益(非GAAP)同比增长32%，达1.68雷亚尔 [35] 各条业务线数据和关键指标变化 支付业务 - 交易总额(TPV)同比增长34%，达1,240亿雷亚尔 [16][21] - 中小商户TPV同比增长28%，达836亿雷亚尔 [22] - 大型商户、电商和跨境TPV同比增长50%，达408亿雷亚尔 [25][26] 银行业务 - 存款总额同比增长87%，达342亿雷亚尔，创历史新高 [30][31] - 活跃银行客户达1,730万，同比增长5% [28] - 每位活跃客户存款额同比增长44%，达4,400雷亚尔 [28] - 信贷规模同比增长11%，达29亿雷亚尔 [33] - 逾期90天贷款率下降至3.2% [33] 各个市场数据和关键指标变化 - 公司在巴西各地区进行了地域扩张，增加了针对特定区域中小商户的销售团队 [119][120] 公司战略和发展方向及行业竞争 - 公司专注于吸引交易量和盈利能力更强的商户 [20][21][22][24][25] - 公司通过支付和银行服务的协同效应为商户提供独特的价值主张 [24][28][31] - 公司在电商和跨境支付领域保持快速增长 [26][27] - 公司正在探索信贷业务的扩张机会，包括推出工资贷款和透支等新产品 [159][160][161] - 公司认为其综合支付和银行服务的生态系统在行业内具有独特优势 [103][104] 管理层对经营环境和未来前景的评论 - 管理层对公司当前的强劲增长和盈利能力表示乐观 [11][51][52][53][54] - 管理层表示将继续保持增长和盈利的平衡 [61][174][175] - 管理层认为公司有能力控制成本并提高运营效率 [58][59][60][174] - 管理层表示将继续投资于客户体验、产品开发和服务水平以提升客户粘性 [46][47][48] 其他重要信息 - 公司获得穆迪和标普的AAA信用评级 [15][30] - 公司将在第三季度开始为其他收单机构的商户提供提前收款服务 [18] - 公司调整了全年业绩指引，上调了交易总额和净利润的预期 [51][52][53][54] 问答环节重要的提问和回答 问题1 **Kaio Prato (UBS) 提问** 对于公司调高全年业绩指引,尽管交易总额和折旧摊销费用预期有所改善,但净利润指引调升幅度较小,是否有其他成本项目预期将恶化,如财务费用等 [57] **Ricardo Dutra 回答** 公司在管理各项成本费用时保持纪律,但利率上升等因素会增加财务费用,公司正在通过存款增长等方式来降低融资成本 [58][59][60][61] 问题2 **Pedro Leduc (Itau BBA) 提问** 关于销售和营销费用的增加,是否会影响未来的盈利能力 [63] **Ricardo Dutra 回答** 销售和营销费用的增加主要集中在第二季度,未来几个季度预计将保持稳定,不会继续大幅增加 [64][65][66] 问题3 **Mario Pierry (Bank of America) 提问** 大型商户业务毛利率较低,但增长更快,是否会拖累整体盈利能力 [72][73][74] **Ricardo Dutra 回答** 大型商户业务增长较快,但仍然是盈利性较好的业务,公司在两个细分市场都保持了高于行业的增长 [74][75]

PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.23%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.33, delivering a surprise of 10%.Over the last four quarters, the compa ...

The latest trading session saw PagSeguro Digital Ltd. (PAGS) ending at $13.35, denoting a +1.14% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 1.11%. Elsewhere, the Dow gained 1.64%, while the tech-heavy Nasdaq added 1.03%.Coming into today, shares of the company had gained 11.96% in the past month. In that same time, the Business Services sector lost 2.82%, while the S&P 500 lost 1.16%.The investment community will be paying close attention to the ea ...

PagSeguro Digital Ltd. (PAGS) closed at $13.37 in the latest trading session, marking a -1.98% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.39%. At the same time, the Dow added 0.6%, and the tech-heavy Nasdaq lost 2.77%.Heading into today, shares of the company had gained 22.33% over the past month, outpacing the Business Services sector's gain of 0.5% and the S&P 500's gain of 4.43% in that time.The investment community will be paying close attention to the earnin ...

Loading... Loading... Shares of PagSeguro Digital Ltd PAGS were trading down on Wednesday. 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. The PagSeguro Digital Analyst: Tito Labarta upgraded the rating for PagSeguro Digital from Neutral to Buy, while keeping the price target unchanged at $15. The PagSeguro Digital Thesis: The current environment in ...

Rockaa/E+ via Getty Images Investment Thesis I recommend buying PagSeguro (NYSE:PAGS) shares after the 1Q24 results released on May 23rd. As a growth company, PagSeguro delivered a great annual increase of 31.7% in net income. Another highlight is that the company reported that it reached 31.4 million customers, of which 17.3 million are active customers. Furthermore, the company is growing in low-risk and profitable products, while launching new and promising products, something important when operating in ...