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How to Buy Pagaya Technologies Stock

Pagaya Technologies Ltd

Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands.

Pagaya Technologies stock last closed at $12.40, down 3.73% from the previous day, and has decreased 13.89% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.12 percentage points. Pagaya Technologies stock is currently +44.86% from its 52-week low of $8.56, and -63.49% from its 52-week high of $33.96.

As of Jun 14, 2024, there are 70.9M PGY shares outstanding. The market capitalization of PGY is $879.16M. In the past 24 hours, 498,785 PGY shares were traded.

How to Buy Pagaya Technologies Stock

Wondering how to invest in Pagaya Technologies stock? Here's how.
  1. Decide where to buy Pagaya Technologies stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Pagaya Technologies stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your method of payment and add your information.
  4. Research Pagaya Technologies stock: The Pagaya Technologies ticker symbol is PGY. Is Pagaya Technologies stock a good investment? Should you buy shares of PGY? How do PGY's underlying business fundamentals look? Do top analysts think Pagaya Technologies is a good buy? Why has PGY's stock price moved recently? (Hint: Our stock analysis website can help you understand if PGY is a good stock to buy).
  5. Place your PGY purchase: Decide if you will purchase PGY shares at the current market price or use a limit order to purchase PGY stock at a particular price.
  6. Watch your PGY investment: Create a watchlist to watch your new investment in Pagaya Technologies shares.

Step 1: Decide where to buy Pagaya Technologies stock

You need a brokerage account in order to access the NASDAQ market and buy PGY shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in PGY stock today.

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  1. Click here to get started.
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  2. Enter your personal data to create your new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help transferring money into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Pagaya Technologies stock

Once you have decided on the best place to buy Pagaya Technologies stock, it's crucial to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Pagaya Technologies stock data

PGY Price
$12.40
1w %
0.4%
1y %
-13.89%
5y %
N/A
P/E
-8.92x
P/B
1.4x
P/S
0.92x
PEG
N/A
Revenue
$870.69M
Earnings
-$88.69M
Fore. Rev. Growth
18.12%
Fore. Earn. Growth
N/A
Market Cap
$879.16M
Next Earnings
Aug 13, 2024
Next Dividend
N/A

Pagaya Technologies Zen Score

WallStreetZen was built to help average investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on PGY's stock page.

Is PGY stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge PGY's fair value.

Using relative valuations measures:

  • PGY may be undervalued based on its P/B ratio of 1.4x, relative to Software - Infrastructure industry P/B ratio of 12.36x

You can access additional valuation analysis on PGY's stock here.

How do PGY Financials look?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the PGY balance sheet.
  • PGY profit margin has gone up from -45.8% to -10.2% in the past year.

Failed Financial Due Diligence Checks:

  • PGY earnings of -$74.78M is not enough to cover its interest payments.
  • PGY's operating cash flow of $53.72M allows it to safely service it's debt of $614.71M.
  • PGY has a relatively high debt to equity ratio of 1.09.
  • There are more long-term liabilities than short-term assets on the PGY balance sheet.

Do analysts think it's a good time to buy Pagaya Technologies stock

Out of 5 Equities analysts who research PGY, the consensus analyst rating on Pagaya Technologies is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Pagaya Technologies stock forecast page.

Metrics for Advanced PGY Traders

SMA10
12.16
SMA20
11.94
SMA50
11.16
SMA100
12.53
SMA200
14.99
MACD
0.36
MACD Signal
0.28
MACD Histogram
0.08
RSI
55.28
Stochastic %K
70.88
Stochastic %D
76.8
StochRSI %K
72.52
StochRSI %D
77.94

How are PGY Revenues/Earnings doing?

Last year, PGY revenue was $870.69M. In the last two year, PGY's revenue has grown by 16.17% per year. This was slower than the Software - Infrastructure industry average of 17.74%.

You can research PGY's earnings and revenue performance here.

Who is buying/selling PGY?

Over the last 12 months, executives and large shareholders at PGY have bought more shares than they have sold.

Scott Bower, Deputy Chief Financial Officer of PGY, was the latest PGY insider to sell. They sold $37,544.50 worth of PGY stock on May 16, 2024.

Dig into more about who owns PGY stock here.

Does PGY provide a stable income stream?

No, Pagaya Technologies doesn't provide an income stream by paying out dividends.

PGY Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Place your PGY purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Watch your PGY investment

Now that you own some shares in PGY, you'll want to stay up-to-date on your new shares.

Make a watchlist to track the most important metrics related to your PGY stock.

PGY Feed

How to Buy Stock in Pagaya Technologies

To reiterate, here are the 6 steps for buying Pagaya Technologies stock:

  1. Decide where to buy Pagaya Technologies stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Pagaya Technologies stock
  5. Place your PGY purchase
  6. Watch your PGY investment

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Pagaya Technologies, create a watchlist today.

NASDAQ: PGY
$12.40-0.48 (-3.73%)
Updated Jun 14, 2024
Open eToro Account
NASDAQ: PGY
$12.40-0.48 (-3.73%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Pagaya Technologies share?

As of Jun 14, 2024, it costs $12.40 to buy one share of Pagaya Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.484 shares of PGY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Pagaya Technologies stock?

According to 5 Wall Street analysts who monitor Pagaya Technologies, their consensus recommendation is to buy Pagaya Technologies stock.

What is the best way to buy Pagaya Technologies stock?

One way to place an order for Pagaya Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.