A share price of Pagaya Technologies Ltd [PGY] is currently trading at $12.00, up 3.63%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PGY shares have gain 3.27% over the last week, with a monthly amount glided 24.35%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Pagaya Technologies Ltd [NASDAQ: PGY] stock has seen the most recent analyst activity on October 01, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $12. On June 17, 2024, Keefe Bruyette initiated with a Outperform rating and assigned a price target of $23 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $14 on May 24, 2024. Jefferies initiated its recommendation with a Buy and recommended $2.50 as its price target on December 14, 2023. JMP Securities started tracking with a Mkt Outperform rating for this stock on August 28, 2023, and assigned it a price target of $2.75. In a note dated July 27, 2023, B. Riley Securities initiated an Buy rating and provided a target price of $4 on this stock.
Pagaya Technologies Ltd experienced fluctuations in its stock price throughout the past year between $8.56 and $20.50. Currently, Wall Street analysts expect the stock to reach $12.19 within the next 12 months. Pagaya Technologies Ltd [NASDAQ: PGY] shares were valued at $12.00 at the most recent close of the market. An investor can expect a potential return of 1.58% based on the average PGY price forecast.
Analyzing the PGY fundamentals
Trailing Twelve Months sales for Pagaya Technologies Ltd [NASDAQ:PGY] were 891.47M which represents 30.65% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.24 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.76 points at the first support level, and at 11.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.13, and for the 2nd resistance point, it is at 12.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pagaya Technologies Ltd [NASDAQ:PGY] is 1.50. Also, the Quick Ratio is 1.50, while the Cash Ratio stands at 1.04. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 1.63.
Transactions by insiders
Recent insider trading involved DAS SANJIV, President, that happened on Oct 17 ’24 when 10683.0 shares were sold., Kim Nam Woo completed a deal on Oct 11 ’24 to sell 133.0 shares. Meanwhile, Chief Business Officer Yulzari Yahav bought 23600.0 shares on Sep 30 ’24.
