Pegasystems (NASDAQ:PEGA) Posts Earnings Results, Misses Estimates By $0.20 EPS

Pegasystems (NASDAQ:PEGA) announced its quarterly earnings results on Wednesday. The technology company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.20), Zacks reports. Pegasystems had a net margin of 8.29% and a return on equity of 37.83%. Pegasystems updated its FY 2025 guidance to 3.100-3.100 EPS.

Pegasystems Trading Up 2.7 %

NASDAQ PEGA traded up $2.78 on Wednesday, hitting $106.09. 1,529,835 shares of the company’s stock traded hands, compared to its average volume of 885,959. Pegasystems has a 1-year low of $47.82 and a 1-year high of $113.67. The firm has a market capitalization of $9.10 billion, a PE ratio of 77.44 and a beta of 1.11. The firm’s 50-day moving average price is $99.33 and its two-hundred day moving average price is $83.57.

Pegasystems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date was Thursday, January 2nd. Pegasystems’s dividend payout ratio is presently 8.76%.

Insiders Place Their Bets

In related news, CAO Efstathios A. Kouninis sold 299 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $96.90, for a total value of $28,973.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kenneth Stillwell sold 2,000 shares of Pegasystems stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $94.60, for a total transaction of $189,200.00. Following the completion of the transaction, the chief financial officer now directly owns 15,400 shares of the company’s stock, valued at $1,456,840. The trade was a 11.49 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,003 shares of company stock valued at $1,346,086. Company insiders own 50.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Barclays upped their price target on shares of Pegasystems from $82.00 to $103.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Citigroup upped their target price on Pegasystems from $99.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. 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 research report on Friday, January 3rd. Wedbush boosted their target price on shares of Pegasystems from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, StockNews.com upgraded shares of Pegasystems from a “hold” rating to a “buy” rating in a research note on Thursday, November 21st. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.64.

Pegasystems Company Profile

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.