In last trading session, Pagaya Technologies Ltd (NASDAQ:PGY) saw 1.15 million shares changing hands with its beta currently measuring 5.92. Company’s recent per share price level of $9.67 trading at -$0.57 or -5.57% at ring of the bell on the day assigns it a market valuation of $712.25M. That closing price of PGY’s stock is at a discount of -98.55% from its 52-week high price of $19.20 and is indicating a premium of 15.2% from its 52-week low price of $8.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.14 million shares which gives us an average trading volume of 2.57 million if we extend that period to 3-months.
For Pagaya Technologies Ltd (PGY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.22. 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 -5.57%, in the last five days PGY remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $9.67 price level, adding 11.53% to its value on the day. Pagaya Technologies Ltd’s shares saw a change of 4.09% in year-to-date performance and have moved -10.21% in past 5-day. Pagaya Technologies Ltd (NASDAQ:PGY) showed a performance of -14.54% in past 30-days. Number of shares sold short was 7.57 million shares which calculate 1.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.25 to the stock, which implies a rise of 14.04% to its current value. Analysts have been projecting 1.25 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would jump 87.07% in reaching the projected high whereas dropping to the targeted low would mean a gain of 87.07% for stock’s current value.
Pagaya Technologies Ltd (PGY) estimates and forecasts
This year revenue growth is estimated to rise 15.90% 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 285.11M for the same. And 9 analysts are in estimates of company making revenue of 288.14M 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
Insiders are in possession of 15.75% of company’s total shares while institution are holding 55.61 percent of that, with stock having share float percentage of 66.00%. Investors also watch the number of corporate investors in a company very closely, which is 55.61% institutions for Pagaya Technologies Ltd that are currently holding shares of the company. 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 $14.41 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 $9.37 million in the company or a holder of 0.18% of company’s stock.
