|Bid||51.22 x 1300|
|Ask||51.68 x 900|
|Day's Range||49.07 - 53.43|
|52 Week Range||17.02 - 53.43|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||74.05|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.89|
The Dow Jones Industrial Average rallied more than 1%. At 25,892, the blue chip index is still poised to fall for a third week in a row.
The major stock indexes were sharply higher early Friday, as they looked to end a volatile week with solid gains. Nvidia stock jumped 7%.
Dow Jones futures signal a strong stock market rally as recession fears ease. Nvidia, Applied Materials, AMD and GE were active overnight.
PagSeguro earnings met views as sales beat late Thursday after StoneCo earnings beat. But the Warren Buffett-backed Brazilian payments stock plunged.
The Dow Jones Industrial Average at one point fell more than 1% following shock election results in Argentina and a Goldman Sachs cut in U.S. GDP estimates.
PagSeguro (PAGS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive analyst coverage and a favorable outlook for the payment processing market helped PagSeguro post another month of double-digit gains.
This week on the "Investing with IBD" podcast, Ivan Hoff of Ivanhoff Capital joined us for a discussion about how to find top IPO stocks like Beyond Meat.
Recent breakouts by Mastercard stock and 2018 IPO PagSeguro reveal important lessons on how to buy stocks, including how to spot chart patterns.
(Bloomberg) -- PagSeguro Digital Ltd was upgraded two notches to outperform at Credit Suisse as high growth and an attractive multiple have made it the bank’s top pick in fintech.PagSeguro “combines a promising long-term outlook and a strong EPS growth,” analysts led by Daniel Federle wrote in a report from July 21. The company is also more shielded from the ongoing competition in the payments sector, according to the analysts, who raised their price target to $60 from $25. The shares rose as much as 6.1% to $48.43 in New York, a new record high.According to Credit Suisse, PagSeguro shares reflect only a “very small portion“ of the potential upside from its digital bank, PagBank. “We have a very positive view on PagBank’s chances of becoming a relevant bank for micro-business owners and their families,” the analysts said.StoneCo Ltd, which is backed by billionaire Warren Buffett’s Berkshire Hathaway Inc., was upgraded to neutral from underweight due to a “fair balance” of risks. While StoneCo is most affected by competition, its tech background and ability to innovate should allow the firm to adapt to industry changes, Credit Suisse said. The price target was raised to $36 from $20.Brazil’s biggest payments company, Cielo SA, had its price target cut to 6 reais from 9 reais. Credit Suisse kept an underperform on the stock due to its negative earnings momentum and lower chances of becoming a platform of digital services. In late May, Cielo withdrew its net income forecast for 2019, without establishing new estimates.To contact the reporter on this story: Vinícius Andrade in São Paulo at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Catherine LarkinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
How have recent IBD Stock Of The Day picks fared? CrowdStrike IPO leads cybersecurity winners. Inphi stock has been strong. Amarin reversed while Amazon stock is right at its buy point.
The Dow Jones Industrial Average is showing mettle, cutting its weekly losses. Cloud security firm CrowdStrike broke out. Growth stocks show healthy action.
Brazil's largest credit card processor, Cielo SA, is tightening its belt amid fierce competition with rivals like PagSeguro Digital Ltd and StoneCo Ltd to boost profitability and free up money for new products. Cielo has hired consulting firm Gradus to implement a cost cutting program this and next year, Chief Financial Officer Gustavo de Sousa told Reuters on Friday. The program is the latest in a series of measures Cielo has taken to reverse a slump in margins after it cut prices to take on rivals like Rede, GetNet, PagSeguro and Stone.
IBD Stock Of The Day PagSeguro Digital hit a record high Wednesday. Here's why it may be time to cash in profits on this hot Brazilian payments stock.
When chosen wisely, mid-cap stocks can offer outsize growth potential and stability. Like their small-cap cousins, mid-caps - typically stocks with market values of roughly $2 billion to $10 billion, but some systems allow up to $20 billion - have ample room to grow. On the other hand, like large-cap firms, they tend to have more balance sheet strength and a surer footing in their respective industries.When it comes to finding this happy middle of risk vs. reward, investors can lean on quantitative analysis. QA takes a wide swath of fundamental, technical and other data, runs it through a mathematical model and calculates a recommendation. This usually is the preserve of so-called quant funds, which guard their methods jealously. But thanks to StockReports+ from Refinitiv, we know what at least one quant model has to say.StockReports+ combines a weighted quantitative analysis of six widely used factors: earnings (including estimate surprises and analyst recommendation changes, among other factors; fundamental analysis, which encompasses profitability, debt and dividends, among other considerations; relative valuation, which looks at measures such as price-to-sales and price-to-earnings ratios; risk, which considers magnitude of returns, volatility and other factors; price momentum, which is based on technical performance factors such as seasonality and relative strength; and insider trading, which looks at whether top corporate executives have been net buyers or sellers of their company's stock.The result is a score from 1-10 (10 being the most positive), then certain factor scores are weighted to spit out an "optimized score" that has shown to be the best predictor of future returns.It's a lot to digest. But these are the top 10 mid-cap stocks to buy right now, based off their high marks from quantitative analysis by StockReports+. They all have earned 10s, but are ordered by the underlying strength of their perfect grades, from weakest to strongest. SEE ALSO: 15 Mighty Mid-Cap Stocks to Buy for Big Returns
PagSeguro is up some 44% in 39 trading days. Here's how to handle the stock. STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib.