{"id":3701,"date":"2018-01-19T13:22:36","date_gmt":"2018-01-19T18:22:36","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3701"},"modified":"2018-01-23T17:05:59","modified_gmt":"2018-01-23T22:05:59","slug":"pagseguro-digital-ltd-ipo-preview-pags","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/pagseguro-digital-ltd-ipo-preview-pags\/","title":{"rendered":"PagSeguro Digital Ltd #IPO Preview $PAGS"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/pagseguro1.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3705\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/pagseguro1.jpg\" alt=\"pagseguro\" width=\"384\" height=\"79\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/pagseguro1.jpg 384w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/pagseguro1-300x62.jpg 300w\" sizes=\"(max-width: 384px) 100vw, 384px\" \/><\/a><\/p>\n<p>Company: PagSeguro Digital Ltd.<br \/>\nSymbol: PAGS<br \/>\nDescription: They are a disruptive provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies, or SMEs, in Brazil.<br \/>\nShares: 92.1 million<br \/>\nPrice Range: $17.50-$20.50<br \/>\nTrade Date: 1\/24<br \/>\nUnderwriter(s): Goldman Sachs &amp; Co., Morgan Stanley, BofA Merrill Lynch, Credit Suisse, Deutsche Bank Securities, J.P. Morgan<br \/>\nTerms Added: 1-10-18<\/p>\n<p><a href=\"https:\/\/www.motifinvesting.com\/ipos\/pagseguro-digital-ltd?utm_medium=partner&amp;utm_source=ipo-boutique&amp;utm_campaign=ipo\"><img decoding=\"async\" class=\"aligncenter wp-image-3737 size-full\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-2.29.03-PM.png\" alt=\"Screen Shot 2018-01-19 at 2.29.03 PM\" width=\"607\" height=\"48\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-2.29.03-PM.png 607w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-2.29.03-PM-600x47.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-2.29.03-PM-300x24.png 300w\" sizes=\"(max-width: 607px) 100vw, 607px\" \/><\/a><\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1712807\/000119312518007476\/d417437df1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0They are the only financial technology provider in Brazil whose business model covers all of the following five pillars:<\/p>\n<ul>\n<li>Multiple digital payment solutions<\/li>\n<li>In-person payments via POS devices that we sell to clients<\/li>\n<li>Free digital accounts<\/li>\n<li>Issuer of prepaid cards to clients for spending or withdrawing account balances<\/li>\n<li>Operating as an acquirer<\/li>\n<\/ul>\n<p>Their \u00a0end-to-end digital ecosystem enables\u00a0theircustomers not only to accept payments, but also to grow and manage their businesses. Before PagSeguro, many of these\u00a0Micro-Merchants\u00a0and SMEs were overlooked or underserved by incumbent payment providers and large financial institutions in Brazil.<\/p>\n<p><strong>Financials:\u00a0<\/strong>Their total revenue and income was $R325.8 million, R$674.9 million and R$1.14 billion and their net income was R$27.2 million, R$35.5 million and R$127.8 million in 2014, 2015, and 2016, respectively.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3702\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM.png\" alt=\"PagSeguro.Financials\" width=\"1243\" height=\"452\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM.png 1243w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM-600x218.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM-300x109.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/Screen-Shot-2018-01-19-at-1.21.53-PM-1024x372.png 1024w\" sizes=\"(max-width: 1243px) 100vw, 1243px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\">IPO Boutique subscription clients receive daily updates on this critical information.<\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\">track record<\/a>\u00a0with our performance for last 12 years at our website. Additionally, here\u2019s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique\u2019s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: PagSeguro Digital Ltd. Symbol: PAGS Description: They are a disruptive provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies, or SMEs, in Brazil. Shares: 92.1 million Price Range: $17.50-$20.50 Trade Date: 1\/24 Underwriter(s): Goldman Sachs &amp; Co., Morgan Stanley, BofA Merrill Lynch, Credit Suisse, Deutsche Bank Securities, J.P. Morgan[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1454],"class_list":["post-3701","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-pags"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3701"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3701\/revisions"}],"predecessor-version":[{"id":3749,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3701\/revisions\/3749"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}