Pagaya Technologies Ltd (PGY) EPS is poised to hit -0.01 next quarter: How Investors Can Make It Count the Most?

As on Thursday, Pagaya Technologies Ltd (NASDAQ: PGY) started slowly as it slid -3.23% to $12.88, before settling in for the price of $13.31 at the close. Taking a more long-term approach, PGY posted a 52-week range of $8.56-$33.96.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 150.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 63.89%. This publicly-traded company’s shares outstanding now amounts to $49.39 million, simultaneously with a float of $33.65 million. The organization now has a market capitalization sitting at $913.19 million. At the time of writing, stock’s 50-day Moving Average stood at $11.12, while the 200-day Moving Average is $15.06.

Pagaya Technologies Ltd (PGY) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. Pagaya Technologies Ltd’s current insider ownership accounts for 52.54%, in contrast to 23.33% institutional ownership. According to the most recent insider trade that took place on May 16 ’24, this organization’s Deputy Chief Financial Officer sold 3,155 shares at the rate of 11.90, making the entire transaction reach 37,544 in total value, affecting insider ownership by 6,854. Preceding that transaction, on Apr 05 ’24, Company’s President bought 22,727 for 10.57, making the whole transaction’s value amount to 240,336. This particular insider is now the holder of 22,727 in total.

Pagaya Technologies Ltd (PGY) Earnings and Revenue Records

Pagaya Technologies Ltd’s EPS increase for this current 12-month fiscal period is 63.89% and is forecasted to reach 0.37 in the upcoming year.

Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators

Let’s observe the current performance indicators for Pagaya Technologies Ltd (PGY). It’s Quick Ratio in the last reported quarter now stands at 2.36. The Stock has managed to achieve an average true range (ATR) of 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.09. Similarly, its price to free cash flow for trailing twelve months is now 26.93.

In the same vein, PGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be 0.37 at the market close of one year from today.

Technical Analysis of Pagaya Technologies Ltd (PGY)

Through scrutinizing the latest numbers posted by the [Pagaya Technologies Ltd, PGY], it can be observed that its last 5-days Average volume of 0.87 million was lower the volume of 1.15 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 77.76% While, its Average True Range was 0.77.

Raw Stochastic average of Pagaya Technologies Ltd (PGY) in the period of the previous 100 days is set at 37.76%, which indicates a major fall in contrast to 70.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 60.15% that was lower than 94.69% volatility it exhibited in the past 100-days period.