Why PagSeguro Digital (PAGS) Might be Well Poised for a Surge

Core Viewpoint - PagSeguro Digital Ltd. (PAGS) is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive outlook for the company's stock price [1][2]. Current-Quarter Estimate Revisions - The earnings estimate for the current quarter is $0.29 per share, reflecting a decrease of 12.12% compared to the previous year [4]. - Over the last 30 days, the Zacks Consensus Estimate for PagSeguro Digital has increased by 14.71%, with two estimates moving higher and no negative revisions [4]. Current-Year Estimate Revisions - For the full year, the company is expected to earn$ 1.23 per share, which is an increase of 1.65% from the prior year [5]. - The consensus estimate has risen by 6.41% over the past month, with two estimates moving up and no negative revisions [5]. Favorable Zacks Rank - PagSeguro Digital currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts regarding positive earnings estimate revisions [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Bottom Line - The stock has gained 12.2% over the past four weeks, driven by solid estimate revisions, suggesting potential for further growth [7].