Some LatAm fintechs offer growth potential with cheap valuations, such as Nu Holdings, but alternatives like PagSeguro have more attractive valuations. PagSeguro's Q2 earnings show strong momentum with revenue growth, operational indicators, and credit portfolio improvements, leading to increased net income and revised guidance. Despite risks including macroeconomic, exchange rate, and competition, PagSeguro's valuation remains a strong aspect of the investment thesis, offering potential upside for investors.
PagSeguro Digital Ltd. (NYSE:PAGS ) Q2 2024 Results Conference Call August 20, 2024 5:00 PM ET Company Participants Eric Oliveira - Head, Investor Relations Ricardo Dutra - Principal Executive Officer Alexandre Magnani - Chief Executive Officer Artur Schunck - Chief Financial Officer Conference Call Participants Kaio Prato - UBS Pedro Leduc - Itau BBA Mario Pierry - Bank of America Tito Labarta - Goldman Sachs Neha Agarwala - HSBC Jorge Kuri - Morgan Stanley John Coffey - Barclays Yuri Fernandes - JPMorgan Bryan Keane - Deutsche Bank Gustavo Schroden - Bradesco BBI Gabriel Gusan - Citi Renato Meloni - Autonomous Research William Tang - Susquehanna International Group Operator Good evening.
PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share.
In the latest trading session, PagSeguro Digital Ltd. (PAGS) closed at $13.35, marking a +1.14% move from the previous day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Financial Transaction Services stocks are likely familiar with PagSeguro Digital Ltd. (PAGS) and RB Global (RBA).
PagSeguro Digital Ltd. (PAGS) closed at $13.37 in the latest trading session, marking a -1.98% move from the prior day.
At first glance, high valuations may seem part and parcel to investing in technology stocks, but there are plenty of names in the sector that can be described as undervalued tech stocks. Yes, many of them are “cheap for a reason,” aka potential value traps.
Shares of PagSeguro Digital Ltd PAGS were trading down on Wednesday.
PagSeguro's 1Q24 results exceeded market estimates, beating revenue estimates by 6.9% and profit estimates by 9.4%. The company is expanding its low-risk and profitable products while launching new and promising ones. Despite the positive factors, PAGS trades with a P/E discount of more than 9% to its peers.
PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share.
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