In the latest trading session,, 0.73 million Pagaya Technologies Ltd (NASDAQ:PGY) shares changed hands as the company’s beta touched 5.83. With the company’s most recent per share price at $14.32 changing hands around $0.02 or 0.14% at last look, the market valuation stands at $1.08B. PGY’s current price is a discount, trading about -34.08% off its 52-week high of $19.20. The share price had its 52-week low at $8.20, which suggests the last value was 42.74% up since then.
Analysts gave the Pagaya Technologies Ltd (PGY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.22. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended PGY as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Pagaya Technologies Ltd’s EPS for the current quarter is expected to be 0.57.
Pagaya Technologies Ltd (NASDAQ:PGY) trade information
Instantly PGY is in green as seen in intraday trades today. With action -6.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 54.14%, with the 5-day performance at -6.71% in the red. However, in the 30-day time frame, Pagaya Technologies Ltd (NASDAQ:PGY) is 51.53% up.
The consensus price target for the stock as assigned by Wall Street analysts is 26, meaning bulls need an upside of 44.92% from its recent market value. According to analyst projections, PGY’s forecast low is 26 with 26 as the target high. To hit the forecast high, the stock’s price needs a -81.56% plunge from its current level, while the stock would need to soar -81.56% for it to hit the projected low.
Pagaya Technologies Ltd (PGY) estimates and forecasts
Year-over-year growth is forecast to reach 19.40% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 299.07M. 9 analysts are of the opinion that Pagaya Technologies Ltd’s revenue for the current quarter will be 308.34M. The company’s revenue for the corresponding quarters a year ago was 250.34M and 257.23M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.46%. The estimates for the next quarter sales put growth at 19.87%.
The 2025 estimates are for Pagaya Technologies Ltd earnings to increase by 108.02%.
PGY Dividends
Pagaya Technologies Ltd is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.6503% or 3.34 million shares worth $42.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2023 were ARK ETF Tr-ARK Israel Innovative Technology ETF and iShares Core MSCI EAFE ETF . With 1.49 shares estimated at $21.4 million under it, the former controlled 0.28% of total outstanding shares. On the other hand, iShares Core MSCI EAFE ETF held about 0.18% of the shares, roughly 968.99 shares worth around $13.92 million.
