Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Pagaya Technologies Ltd (PGY)
NASDAQ:PGY
RESEARCH TOOLSreports
Holding PGY?
Track your performance easily
PGY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.56 - $20.50
Previous Close$9.99
Volume1.11M
Average Volume (3M)1.46M
Market Cap
$717.43M
Enterprise Value$1.25B
Total Cash (Recent Filing)$233.59M
Total Debt (Recent Filing)$678.77M
Price to Earnings (P/E)―
Beta2.50
Next Earnings
Nov 07, 2024EPS Estimate
-$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.96
Shares Outstanding71,815,281
10 Day Avg. Volume3,491,780
30 Day Avg. Volume1,458,222
Standard Deviation1.01
R-Squared0.17
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.36
Price to Sales (P/S)1.44
Price to Cash Flow (P/CF)11.50
P/FCF Ratio16.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.53
Enterprise Value/Gross Profit6.61
Enterprise Value/Ebitda-15.35
Forecast
1Y Price Target
$23.14Price Target Upside127.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Pagaya Technologies Ltd News
PremiumCompany Announcements
Pagaya Technologies Optimizes Capital with Senior Notes Issuance
PremiumCompany Announcements
Pagaya Technologies Strategizes Financial Stability and GrowthBulls Say, Bears Say
Bulls Say
Acquisition And Funding StrategyPagaya Technologies is acquiring Theorem, an asset management firm focused on non-prime personal loans, which is expected to provide an additional source of stable funding capital for the business.
Credit Rating And Financial PerformancePagaya's recent achievement of a AAA rating on one of its most recent ABS securitizations should lead to reduced risk retention and positive FCF moving forward.
Strategic Partnerships And Business ExpansionThe company onboarded a new top 5 bank in its point of sale (POS) vertical and recently announced OneMain Financial has partnered with Pagaya to expand its personal and auto loan business.
Bears Say
EarningsGAAP EPS was well below expectations as a result of higher than expected risk retention losses and impairments.
Financial PerformanceThe initial drop in price and subsequent underperformance of the broader market was driven by the material impairment charge against the company’s retained securities.
Investment PortfolioThe portfolio remains heavily weighted toward first-loss residual tranches.
---
Ownership Overview
2.61% Insiders
10.13% Mutual Funds
7.75% Other Institutional Investors
75.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
PGY FAQ
What was Pagaya Technologies Ltd’s price range in the past 12 months?
Pagaya Technologies Ltd lowest stock price was $8.56 and its highest was $20.50 in the past 12 months.
What is Pagaya Technologies Ltd’s market cap?
Currently, no data Available
When is Pagaya Technologies Ltd’s upcoming earnings report date?
Pagaya Technologies Ltd’s upcoming earnings report date is Nov 07, 2024 which is in 34 days.
How were Pagaya Technologies Ltd’s earnings last quarter?
Pagaya Technologies Ltd released its earnings results on Aug 09, 2024. The company reported -$1.04 earnings per share for the quarter, missing the consensus estimate of -$0.01 by -$1.03.
Is Pagaya Technologies Ltd overvalued?
According to Wall Street analysts Pagaya Technologies Ltd’s price is currently Undervalued.
Does Pagaya Technologies Ltd pay dividends?
Pagaya Technologies Ltd does not currently pay dividends.
What is Pagaya Technologies Ltd’s EPS estimate?
Pagaya Technologies Ltd’s EPS estimate is -$0.14.
How many shares outstanding does Pagaya Technologies Ltd have?
Pagaya Technologies Ltd has 59,162,970 shares outstanding.
What happened to Pagaya Technologies Ltd’s price movement after its last earnings report?
Pagaya Technologies Ltd reported an EPS of -$1.04 in its last earnings report, missing expectations of -$0.01. Following the earnings report the stock price went down -5.828%.
Which hedge fund is a major shareholder of Pagaya Technologies Ltd?
Among the largest hedge funds holding Pagaya Technologies Ltd’s share is ARK Investment Management LLC. It holds Pagaya Technologies Ltd’s shares valued at 3M.
---
Pagaya Technologies Ltd Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$23.14 (127.09% Upside)
$23.14 (127.09% Upside)
Blogger Sentiment
Bullish
PGY Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 91.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.23%
12-Months-Change
Fundamentals
Return on Equity
-25.20%
Trailing 12-Months
Asset Growth
22.40%
Trailing 12-Months
Company Description
Pagaya Technologies Ltd
Pagaya is a technology company offering financial products and services. Its sophisticated AI-driven credit and analysis technology enables real-time and comprehensive consumer credit and residential real estate solutions.
---
PGY Company Deck
---
PGY Earnings Call
Q2 2024
0:00 / 0:00
---
PGY Stock 12 Month Forecast
Average Price Target
$23.14
▲(127.09% Upside)
Technical Analysis
Best Analysts Covering PGY
1 Year
1 Year Success Rate
2/7 ratings generated profit
1 Year Average Return
-17.56%
reiterated a buy rating 5 days ago
Copying Joseph Vafi's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -17.56% per trade.
---