In recent trading session, Pagaya Technologies Ltd (NASDAQ:PGY) saw 2.85 million shares changing hands at last check today with its beta currently measuring 6.17. Company’s recent per share price level of $16.35 trading at -$0.15 or -0.91% at last check today assigns it a market valuation of $1.20B. That most recent trading price of PGY’s stock is at a discount of -22.32% from its 52-week high price of $20.00 and is indicating a premium of 49.85% from its 52-week low price of $8.20.
For Pagaya Technologies Ltd (PGY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 13 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.45 in the current quarter.
Pagaya Technologies Ltd (NASDAQ:PGY) trade information
Upright in the red during last session for losing -0.91%, in the last five days PGY remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $16.35 price level, adding 14.84% to its value on the day. Pagaya Technologies Ltd’s shares saw a change of 76.00% in year-to-date performance and have moved 38.79% in past 5-day. Pagaya Technologies Ltd (NASDAQ:PGY) showed a performance of 76.38% in past 30-days.
Wall Street analysts have assigned a consensus price target of 21 to the stock, which implies a rise of 22.14% to its recent value today. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 21. It follows that stock’s current price would drop -28.44% in reaching the projected high whereas dropping to the targeted low would mean a loss of -28.44% for stock’s current value.
Pagaya Technologies Ltd (PGY) estimates and forecasts
This year revenue growth is estimated to rise 15.75% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 285.99M for the same. And 9 analysts are in estimates of company making revenue of 287.95M in the next quarter. Company posted 245.28M and 250.34M of sales in current and next quarters respectively a year earlier.
Pagaya Technologies Ltd (NASDAQ:PGY)’s Major holders
VIOLA VENTURES V.C. MANAGEMENT 4 LTD. is the top institutional holder at PGY for having 8.18 million shares of worth $104.32 million. And as of 2024-06-30, it was holding 12.6747 of the company’s outstanding shares.
The second largest institutional holder is X-SQUARE CAPITAL, LLC, which was holding about 11879.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0184 of outstanding shares, having a total worth of $0.15 million.
On the other hand, ARK ETF Tr-ARK Israel Innovative Technology ETF and iShares Core MSCI EAFE ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2023, the former fund manager was holding 1.49 shares of worth $24.57 million or 0.28% of the total outstanding shares. The later fund manager was in possession of 968.99 shares on Dec 31, 2023, making its stake of worth around $15.98 million in the company or a holder of 0.18% of company’s stock.
