Pagaya Technologies Ltd (NASDAQ:PGY)’s traded shares stood at 1.73 million during the last session, with the company’s beta value hitting 6.00. At the close of trading, the stock’s price was $12.68, to imply a decrease of -5.23% or -$0.7 in intraday trading. The PGY share’s 52-week high remains $20.00, putting it -57.73% down since that peak but still an impressive 35.33% since price per share fell to its 52-week low of $8.20.
Analysts have given a consensus recommendation of Buy for Pagaya Technologies Ltd (PGY), translating to a mean rating of 1.40. Of 13 analyst(s) looking at the stock, 0 analyst(s) give PGY a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.45.
Pagaya Technologies Ltd (NASDAQ:PGY) trade information
After registering a -5.23% downside in the last session, Pagaya Technologies Ltd (PGY) has traded red over the past five days. The 5-day price performance for the stock is -21.05%, and 37.68% over 30 days. With these gigs, the year-to-date price performance is 36.49%.
The extremes give us $1.25 and $25 for target low and target high price respectively. As such, PGY has been trading -97.16% off suggested target high and 90.14% from its likely low.
Pagaya Technologies Ltd (PGY) estimates and forecasts
The rating firms project that company’s revenue will grow 15.75% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 285.99M. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 287.95M.Earnings reports from the last fiscal year show that sales brought in 245.28M and 250.34M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 16.60% before jumping 15.02% in the following quarter.
PGY Dividends
Pagaya Technologies Ltd has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is X-SQUARE CAPITAL, LLC with 11879.0 shares, or about 0.0184% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.15 million.
We also have ARK ETF Tr-ARK Israel Innovative Technology ETF and iShares Core MSCI EAFE ETF as the top two Mutual Funds with the largest holdings of the Pagaya Technologies Ltd (PGY) shares. Going by data provided on Dec 31, 2023 , ARK ETF Tr-ARK Israel Innovative Technology ETF holds roughly 1.49 shares. This is just over 0.28% of the total shares, with a market valuation of $18.89 million. Data from the same date shows that the other fund manager holds a little less at 968.99, or 0.18% of the shares, all valued at about 12.29 million.
