Pegasystems (PEGA) Projected to Post Earnings on Tuesday

by · The Cerbat Gem

Pegasystems (NASDAQ:PEGA – Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $357.20 million for the quarter. Pegasystems has set its FY 2025 guidance at 3.100-3.100 EPS.Parties interested in participating in the company’s conference call can do so using this link.

Pegasystems (NASDAQ:PEGA – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The technology company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.20). Pegasystems had a net margin of 6.63% and a return on equity of 32.09%. On average, analysts expect Pegasystems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pegasystems Trading Up 0.5 %

Shares of PEGA opened at $68.34 on Monday. The firm’s 50-day moving average is $74.08 and its two-hundred day moving average is $85.45. The firm has a market capitalization of $5.87 billion, a P/E ratio of 67.66 and a beta of 1.22. Pegasystems has a twelve month low of $54.55 and a twelve month high of $113.67.

Pegasystems Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were issued a dividend of $0.015 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.06 annualized dividend and a yield of 0.09%. Pegasystems’s dividend payout ratio is presently 11.88%.

Insider Activity

In other Pegasystems news, CFO Kenneth Stillwell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $69.75, for a total transaction of $139,500.00. Following the completion of the sale, the chief financial officer now owns 21,245 shares of the company’s stock, valued at approximately $1,481,838.75. The trade was a 8.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Leon Trefler sold 2,049 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $75.65, for a total transaction of $155,006.85. Following the completion of the transaction, the insider now owns 52,019 shares in the company, valued at $3,935,237.35. The trade was a 3.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 80,791 shares of company stock valued at $6,134,554 in the last 90 days. 50.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on PEGA shares. Loop Capital cut their price target on Pegasystems from $115.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday. DA Davidson dropped their price objective on shares of Pegasystems from $90.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Barclays cut their price objective on Pegasystems from $103.00 to $97.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. JMP Securities reissued a “market outperform” rating and set a $110.00 price target on shares of Pegasystems in a research report on Thursday, February 13th. Finally, Royal Bank of Canada boosted their price target on Pegasystems from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $97.27.

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About Pegasystems

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Pegasystems Inc develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Infinity, a software portfolio comprising of Pega Customer Decision Hub, a real-time AI-powered decision engine to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity; and Pega Platform, an intelligent automation software for increasing efficiency of clients’ processes and workflows.

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