|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||24.73 - 26.53|
|52-week range||24.73 - 62.83|
|Beta (5Y monthly)||1.37|
|PE ratio (TTM)||38.38|
|Earnings date||11 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||57.33|
The stock rose 4% as the report topped revenue and earnings estimates. For the third quarter, PagSeguro reported revenue of almost 2.8 billion reals ($513 million), beating consensus Wall Street estimates of $483 million.
A market crash can be a great opportunity to buy great stocks with high potential at rock-bottom prices. One company whose stock was recently slammed is PagSeguro Digital (NYSE: PAGS). PagSeguro, which means "secure pay" in Portuguese, is a financial technology company that works with individuals and small-to-medium-size businesses in Brazil.
Now that economies are opening back up and U.S. economic growth appears to be strong, look for accelerated spending activity to boost fintechs Marqeta (NASDAQ: MQ) and PagSeguro (NYSE: PAGS). At $14 billion and $12 billion market caps, respectively, each has massive upside legacy financial giants might not. Marqeta went public this summer and has been an incredibly volatile stock.