Today’s Picks: Back To School For Abbott Laboratories (ABT), PagSeguro Digital Ltd. (PAGS)

The price of Abbott Laboratories (NYSE:ABT) went up by $0.04 now trading at $71.54. Their shares witnessed a 31.7% increase from the 52-week low price of $54.32 they recorded on 2017-12-08. Even though it is still -4.72% behind the $74.92 high touched on 2018-12-03. The last few days have been rough for the stock, as its price has decreased by -1.77% during the week. It has also performed better over the past three months, as it added around 8.67% while it has so far climbed around 30.57% during the course of a year. The stock of ABT recorded 25.35% uptrend from the beginning of this year till date. The 12-month potential price target for Abbott Laboratories is set at $79.17. This target means that the stock has an upside potential to increase by 10.67% from the current trading price.

When giving their opinion, around 85% of Wall Street analysts, which represents 17 out of 20 rated the stock as a Buy. 3 brokerage firms of the remaining 15% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ABT shares held by institutional investors represents 75.2% of total shares. 147 institutions entered new Abbott Laboratories (NYSE:ABT) positions, 806 added to their existing positions in these shares, 847 lowered their positions, and 74 exited their positions entirely.

Abbott Laboratories (ABT) trade volume has increased by 38.65% as around 10,032,049 shares were sold when compared with its 50-day average volume of traded shares which is 7,235,692. At the moment, ABT is witnessing a uptrend, as it is trading 0.61% above its 20-day SMA, 1.46% above its 50-day SMA, and 10.92% above its 200-day SMA. The company runs an ROE of roughly 2.9%, with financial analysts predicting that their earnings per share growth will be around 11.47% per annum for the next five year. This will be compared to the 47.4% increase witnessed over the past five years.

The first technical resistance point for Abbott Laboratories (NYSE:ABT) will likely come at $72.08, marking a 0.75% premium to the current level. The second resistance point is at $72.62, about 1.49% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $69.38, the lower end of the range. ABT’s 14-day MACD is 1.37 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 52.68, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 30.08 percent, which is high when compared to that of the 50-day’s 25.9 percent.

The shares of PagSeguro Digital Ltd. (NYSE:PAGS) has decreased by -2.03%, and now trading at $21.21 on the Wall Street in the intra-day deal, with their shares traded now around 6,541,454. This is a rise of 2,631,742 shares over the average 3,909,712 shares that were traded daily over the last three months. The stock that is trading at $21.21 went higher by 5.94% from its 52-week low of $20.02 that it attained back on 2018-11-20. The stock recorded a 52-week high of $39.97 nearly 253 days ago on 2018-03-29.

PAGS stock hasn’t performed well over the past 30 days, as it lost -21.79% while its price plunged by -27.36% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -18.42% over the last week. The stock’s 12-month potential target price is now at $33.6. This means that the stock price might likely increase by 58.42% from its current trading price.8 out of 13 Wall Street analysts which represents 61.54% rated the stock as a buy while the remaining 23.08 rated it as a hold, with 15.38 of analysts rating it as a sell.

PagSeguro Digital Ltd. (NYSE:PAGS) has been utilizing an ROE that is roughly 18.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 15.39% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -10.67% below its 20-day SMA, -19.77% below its 50-day SMA, and -29.03% below its 200-day SMA. In percentage terms, the aggregate PagSeguro Digital Ltd. shares held by institutional investors is 0%. 48 institutions jumped in to acquire PagSeguro Digital Ltd. (PAGS) fresh stake, 117 added to their current holdings in these shares, 88 lowered their positions, and 41 left no stake in the company.

The stock’s 9-day MACD is -1.47 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 36.48, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 89.09 percent, which is more when compared to that of the 50-day’s 78.56 percent. On the daily chart, we see that the stock could reach the first level of resistance at $21.55, sporting a 1.58% premium to the current level. The next resistance point is at $21.9, representing nearly 3.15% premium to the current market price of PagSeguro Digital Ltd. (PAGS). On the other hand, failure to breach the immediate hurdles can drag it down to $20.14, the lower end of the range.