At the time of writing, Pagaya Technologies Ltd [PGY] stock is trading at $10.36, down -0.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PGY shares have gain 7.36% over the last week, with a monthly amount glided 0.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Oppenheimer started tracking the stock with Outperform rating on October 01, 2024, and set its price target to $12. Keefe Bruyette started tracking the stock assigning a Outperform rating and suggested a price target of $23 on June 17, 2024. Citigroup initiated its recommendation with a Neutral and recommended $14 as its price target on May 24, 2024. Jefferies started tracking with a Buy rating for this stock on December 14, 2023, and assigned it a price target of $2.50. In a note dated August 28, 2023, JMP Securities initiated an Mkt Outperform rating and provided a target price of $2.75 on this stock.
For the past year, the stock price of Pagaya Technologies Ltd fluctuated between $8.20 and $20.00. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Pagaya Technologies Ltd [NASDAQ: PGY] shares were valued at $10.36 at the most recent close of the market. An investor can expect a potential return of 102.7% based on the average PGY price forecast.
Analyzing the PGY fundamentals
According to Pagaya Technologies Ltd [NASDAQ:PGY], the company’s sales were 939.31M for trailing twelve months, which represents an 23.75% jump. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.33 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.41.
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 10.16 points at the first support level, and at 9.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.66, and for the 2nd resistance point, it is at 10.97.
Ratios To Look Out For
It is important to note that Pagaya Technologies Ltd [NASDAQ:PGY] has a current ratio of 1.17. As well, the Quick Ratio is 1.17, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.63.
Transactions by insiders
Recent insider trading involved Rosen Tami, Chief Development Officer, that happened on Jan 02 ’25 when 21547.0 shares were sold. Chief Financial Officer, Perros Evangelos completed a deal on Jan 02 ’25 to sell 21305.0 shares. Meanwhile, President DAS SANJIV sold 6343.0 shares on Jan 02 ’25.
