Pegasystems (NASDAQ:PEGA – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.100-3.100 for the period, compared to the consensus estimate of 3.240. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.
Pegasystems Trading Up 2.7 %
NASDAQ:PEGA traded up $2.78 during mid-day trading on Wednesday, hitting $106.09. The company had a trading volume of 1,529,835 shares, compared to its average volume of 885,959. The business has a fifty day simple moving average of $99.33 and a 200-day simple moving average of $83.57. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of 77.44 and a beta of 1.11. Pegasystems has a 1 year low of $47.82 and a 1 year high of $113.67.
Pegasystems (NASDAQ:PEGA – Get Free Report) last released its quarterly earnings results 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 return on equity of 37.83% and a net margin of 8.29%. As a group, research analysts anticipate that Pegasystems will post 1.63 earnings per share for the current year.
Pegasystems Announces Dividend
Analysts Set New Price Targets
A number of equities analysts have weighed in on PEGA shares. KeyCorp reissued an “overweight” rating and issued a $118.00 price objective on shares of Pegasystems in a research report on Tuesday, January 14th. Rosenblatt Securities raised their price objective on Pegasystems from $95.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday. Citigroup increased their target price on Pegasystems from $99.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Barclays lifted their price target on shares of Pegasystems from $82.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Finally, Royal Bank of Canada raised their price objective on shares of Pegasystems from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $97.64.
Get Our Latest Stock Report on Pegasystems
Insider Buying and Selling
In related news, CAO Efstathios A. Kouninis sold 299 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $96.90, for a total transaction of $28,973.10. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kenneth Stillwell sold 2,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $105.63, for a total transaction of $211,260.00. Following the completion of the sale, the chief financial officer now owns 14,466 shares in the company, valued at approximately $1,528,043.58. This trade represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,003 shares of company stock worth $1,346,086 in the last three months. 50.10% of the stock is owned by insiders.
About Pegasystems
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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