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 $10.40, up 7.33% from the previous day, and has decreased 3.7% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.22 percentage points. Pagaya Technologies stock is currently +21.5% from its 52-week low of $8.56, and -69.38% from its 52-week high of $33.96.
As of Apr 26, 2024, there are 62.98M PGY shares outstanding. The market capitalization of PGY is $654.99M. In the last 24 hours, 1.25M PGY shares were traded.
How to Buy Pagaya Technologies Stock
Wondering how to invest in Pagaya Technologies stock? Here's how.
- Decide where to buy Pagaya Technologies stock: You need to choose a stock 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.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- 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 market analysis tools can help you decide if PGY is a good stock to buy).
- Place your PGY purchase: Decide if you will purchase PGY shares at the current market price or use a limit order to purchase PGY shares at a given price.
- Watch your PGY investment: Create a watchlist to keep track of your position in Pagaya Technologies stock.
Step 1: Decide where to buy Pagaya Technologies stock
You need an online brokerage account in order to access the NASDAQ market and buy PGY stock.
Our favorite brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to invest in PGY today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on apps for stocks, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your new brokerage account.
Step 4: Research Pagaya Technologies stock
After you have chosen the best place to buy Pagaya Technologies stock, it's very important to research their stock prior to buying, so you truly comprehend the risk as well as the upside.
Pagaya Technologies Numbers
Fundamentals of Pagaya Technologies
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PGY's stock page.
Is PGY stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PGY's true value.
Using relative valuations measures:
- PGY could be undervalued based on its P/B ratio of 1.17x, relative to Software - Infrastructure industry P/B ratio of 11.33x
You can access additional valuation research on PGY's stock here.
Is PGY a healthy company?
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 -42% to -15.8% in the past year.
- PGY has $205.84M in cash and short term investments. This is enough to cover its annual cash burn of $10.61M.
- PGY has cash burn of 10612000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- PGY has a relatively high debt to equity ratio of 0.84.
- There are more long-term liabilities than short-term assets on the PGY balance sheet.
Is Pagaya Technologies stock a Buy, Hold, or Sell, according to analysts?
Out of 4 sell side analysts who give ratings on PGY, the consensus analyst rating on PGY is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Pagaya Technologies stock forecast page.
PGY Technical Indicators
How are PGY Revenues/Earnings doing?
Last year, PGY revenue was $812.05M. During the last 3 year, PGY's revenue has increased by 193.11% per year. This was faster than the Software - Infrastructure industry average of 17.29%.
You can analyze PGY's earnings and revenue performance here.
Latest Insiders Trades at PGY
Over the past year, insiders at PGY have bought more shares than they have sold.
Sanjiv Das, President of PGY, was the latest PGY insider to buy. They bought $240,338.03 worth of PGY shares on Apr 5, 2024.
Research more about who owns PGY stock here.
Can I get consistent income from PGY stock?
No, Pagaya Technologies doesn't provide an income stream by paying out dividends.
What others are saying about PGY
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your PGY purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Watch your PGY investment
Now that you own some shares in PGY, you'll want to stay up-to-date on your stock purchase.
Add PGY to a watchlist to see the latest developments about your PGY stock.
PGY Feed
How to Buy Stock in Pagaya Technologies
To reiterate, here are the 6 steps for buying Pagaya Technologies stock:
- Decide where to buy Pagaya Technologies stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Pagaya Technologies stock
- Place your PGY purchase
- Watch your PGY investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Pagaya Technologies, click the button below.
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