Pagaya Technologies .(PGY)
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Why Fast-paced Mover Pagaya Technologies Ltd. (PGY) Is a Great Choice for Value Investors
ZACKS· 2024-11-07 22:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
Why Pagaya Technologies Ltd. (PGY) Outpaced the Stock Market Today
ZACKS· 2024-11-02 07:16
The most recent trading session ended with Pagaya Technologies Ltd. (PGY) standing at $11.68, reflecting a +1.39% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.41% gain on the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.8%.Shares of the company witnessed a gain of 13.05% over the previous month, beating the performance of the Finance sector with its gain of 0.16% and the S&P 500's loss of 0.97%.The upcoming earnings release of Paga ...
1 Artificial Intelligence (AI) Stock That Has 200% Upside According to 1 Wall Street Analyst
The Motley Fool· 2024-11-01 17:00
This disruptive tech stock is making waves in the financial industry.Wall Street analysts' target prices are modeled based on many factors, and each one comes up with something different. Target prices can range from a large loss to a large gain, so it doesn't make sense to base your investment decisions based on one Wall Street analyst. No matter how much information they might have right now, no one can accurately predict what will happen in the markets.That said, there are several things to gain from pay ...
Wall Street Analysts Believe Pagaya Technologies Ltd. (PGY) Could Rally 97.67%: Here's is How to Trade
ZACKS· 2024-10-25 22:56
Pagaya Technologies Ltd. (PGY) closed the last trading session at $11.58, gaining 20% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.89 indicates a 97.7% upside potential. The average comprises nine short-term price targets ranging from a low of $12 to a high of $36, with a standard deviation of $8.72. While the lowest estimate indicates an increase of 3.6% from the current pr ...
Strength Seen in Pagaya Technologies Ltd. (PGY): Can Its 6.1% Jump Turn into More Strength?
ZACKS· 2024-10-02 01:50
Pagaya Technologies Ltd. (PGY) shares soared 6.1% in the last trading session to close at $10.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.9% loss over the past four weeks. The upside can be attributed to Pagaya Technologies' core strength in its proprietary AI-powered technology, enabling efficient credit evaluation and decision-making for partners in originating loans and financial products. The company has processed ...
Pagaya: Unwarranted Sell Off
Seeking Alpha· 2024-09-27 22:21
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end Q3, consider joining Out Fox The Street . Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct c ...
Pagaya Technologies Ltd. (PGY) Declines More Than Market: Some Information for Investors
ZACKS· 2024-09-21 07:21
In the latest market close, Pagaya Technologies Ltd. (PGY) reached $12.33, with a -1.75% movement compared to the previous day. This change lagged the S&P 500's 0.19% loss on the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. The company's shares have seen an increase of 1.95% over the last month, not keeping up with the Business Services sector's gain of 6.7% and the S&P 500's gain of 2.06%. The investment community will be closely monitoring the performa ...
Pagaya: Still Unloved, Misunderstood, And Dramatically Undervalued
Seeking Alpha· 2024-09-10 15:08
Pekic Pagaya - It's valuation has nothing to do with its performance or its outlook It has been a bit over a year since I wrote about Pagaya Technologies Ltd. (NASDAQ:PGY) in an article published on SA. Since that time the shares appreciated initially, then fell relentlessly and finally have come back to a level just a bit less than they were when the article was initially published. Unless you are a devotee of roller-coaster rides-and I am not-that is not the performance that is desirable to see for anyone ...
Pagaya Q2 ER: Mixed Results With Impressive Outlook For 2025
Seeking Alpha· 2024-08-18 20:00
AnsonLu/iStock via Getty Images Pagaya (NASDAQ:PGY) has just released its second quarter results, which were mixed, with some results above expectations and others below. In addition, two important announcements will have a very positive impact on the company's future: 1) The signing of a forward flow agreement (FFA) for up to $1 billion and a one-year term (extendable to more years) with Castlelake. 2) The partnership with a top 5 US bank. As we have commented, the results have been mixed, with some very g ...
Pagaya Technologies .(PGY) - 2024 Q2 - Quarterly Report
2024-08-10 04:03
财务数据 - 公司总收入和其他收入在2024年上半年达到4.956亿美元,同比增长29.6%[20] - 公司在2024年上半年的生产成本、技术和产品开发、销售和营销、一般和行政费用合计为4.829亿美元[20] - 公司在2024年上半年的净亏损为9.6008亿美元,同比增加4.1%[20] - 公司总收入为615,574千美元[25] - 公司2024年上半年经营活动产生的现金净流入为3596.1万美元[31] - 公司2024年上半年投资活动产生的现金净流出为35.13亿美元[31] - 公司2024年上半年筹资活动产生的现金净流入为36.24亿美元[31] - 公司2024年上半年净亏损为1.14亿美元[31] - 2024年全年收入为4.956亿美元,同比增长29.6%[211] - 2024年全年净亏损为9.6008亿美元,同比增加4.1%[211] - 2024年第四季度收入为2.5034亿美元,同比增长27.9%[211] - 2024年第四季度净亏损为7.4785亿美元,同比增加139.1%[211] - 2024年全年每股基本和稀释亏损为1.41美元,同比减少9.0%[212] - 2024年全年非GAAP调整后每股基本收益为0.30美元,同比增加1900%[212] - 2024年第四季度非GAAP调整后每股收益为0.10美元,同比增加900%[212] 资产负债情况 - 公司在2024年6月30日的现金及现金等价物余额为2.336亿美元,较2023年12月31日增加25.3%[18] - 公司在2024年6月30日的投资贷款及证券余额为9.1亿美元,较2023年12月31日增加27.4%[18] - 公司在2024年6月30日的总资产为14.53亿美元,较2023年12月31日增加20.2%[18] - 公司在2024年6月30日的总负债为7.632亿美元,较2023年12月31日增加62.9%[18] - 公司在2024年6月30日的股东权益为6.156亿美元,较2023年12月31日下降7.5%[18] - 公司于2024年6月30日拥有现金、现金等价物和受限现金2.68亿美元[134] - 公司于2024年6月30日拥有应收费用和其他应收款1.26亿美元[134] 融资情况 - 普通股股票发行增加89,956千美元[25] - 公司于2024年3月8日进行了1比12的反向股票拆分[36] - 公司于2024年3月以每股90美元的价格发行了750万股A类普通股[145][146] - 公司于2024年上半年通过股权融资协议发行了29.8万股普通股,获得净收益5.2百万美元[144] - 公司于2024年2月2日签署了5年期5.5亿美元的信贷协议,包括3.5亿美元的定期贷款和2.5亿美元的循环信贷[62,63,64,65] - 公司2024年6月30日的循环信贷额度为3.5亿美元,已使用1.98亿美元[68] 费用与减值 - 公司在2024年上半年的其他综合收益中包括未实现的证券投资损失6.7094亿美元[22] - 公司在2024年上半年的归属于Pagaya Technologies Ltd.的综合亏损为16.75亿美元[22] - 公司2024年上半年计提了7991.1万美元的贷款和证券投资减值损失[31] - 公司2024年上半年确认了3351.9万美元的股份支付费用[31] - 公司2024年上半年确认了1335.9万美元的折旧和摊销费用[31] - 公司2024年全年股份支付费用为3.3519亿美元,同比减少8.3%[213] - 公司2024年第四季度股份支付费用为1.8044亿美元,同比减少10.7%[213] 业务情况 - 公司2024年第二季度和上半年的网络AI费用分别为2.218亿美元和4.371亿美元,同比分别增长32.4%和35.9%[48] - 公司2024年第二季度和上半年的合同费用分别为2,080万美元和4,250万美元,同比分别增长14.3%和8.0%[50] - 公司2024年第二季度和上半年有55%和31%的收入来自3家和2家客户(包括2家和1家关联方客户)[58] - 网络交易量是公司评估业务规模和影响力的关键指标,2024年上半年为47.5亿美元,同比增长22%[196] - 公司主要收入来源包括网络AI费用、合同费用、利息收入和投资收益[198][199][200][201] - 公司的主要成本包括获取网络交易量的成本、技术和产品开发费用、销售和营销费用以及管理费用[202][203][204][205][206] 税务情况 - 公司的有效税率在2024年和2023年6月30日结束的三个月和六个月分别为(21.3)%和(20.6)%[160] - 公司的税率受到经常性项目的影响,如外国司法管辖区的税率以及公司在这些司法管辖区赚取的收入金额[161] - 公司定期评估是否需要对递延税资产计提估值准备,并根据可能实现未来税收利益的证据作出判断[162] - 公司对某些递延税资产计提估值准备,以抵消实现未来税收利益的不确定性[163] - 公司在以色列享受税收优惠,预计有效税率将低于以色列标准企业税率23%[208] 收购与合作 - 公司于2024年7月30日宣布,将以100%股权收购Theorem Technology, Inc.[169] - 公司通过AI技术帮助合作伙伴提高贷款转化率,最高可提高25%[188] - 公司不断吸引新的合作伙伴加入,2022年新增6家合作伙伴,2023年新增4家