Q1 Earnings Estimate for Pegasystems Issued By KeyCorp

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - Equities researchers at KeyCorp issued their Q1 2025 EPS estimates for Pegasystems in a research note issued to investors on Monday, January 13th. KeyCorp analyst D. Au anticipates that the technology company will post earnings of $0.21 per share for the quarter. KeyCorp has a "Strong-Buy" rating on the stock. The consensus estimate for Pegasystems' current full-year earnings is $1.61 per share. KeyCorp also issued estimates for Pegasystems' Q2 2025 earnings at $0.21 EPS and Q3 2025 earnings at $0.11 EPS.

A number of other brokerages have also recently issued reports on PEGA. Barclays lifted their price objective on Pegasystems from $74.00 to $82.00 and gave the company an "equal weight" rating in a report on Friday, October 25th. Rosenblatt Securities lifted their price objective on Pegasystems from $90.00 to $95.00 and gave the company a "buy" rating in a report on Friday, October 25th. Royal Bank of Canada lifted their price target on Pegasystems from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Citigroup lifted their price target on Pegasystems from $99.00 to $123.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Finally, Wedbush lifted their price target on Pegasystems from $90.00 to $100.00 and gave the company an "outperform" rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Pegasystems presently has a consensus rating of "Moderate Buy" and an average price target of $93.91.

Pegasystems Stock Performance

Shares of NASDAQ PEGA traded up $6.23 during midday trading on Wednesday, reaching $100.00. 1,283,326 shares of the company traded hands, compared to its average volume of 796,435. The firm has a market cap of $8.58 billion, a PE ratio of 72.99 and a beta of 1.09. The stock's 50-day simple moving average is $93.01 and its 200-day simple moving average is $77.12. Pegasystems has a 12 month low of $45.36 and a 12 month high of $100.23.

Pegasystems (NASDAQ:PEGA - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The technology company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The company had revenue of $325.10 million during the quarter, compared to analysts' expectations of $326.16 million. Pegasystems had a return on equity of 37.83% and a net margin of 8.29%. The business's revenue was down 2.8% on a year-over-year basis. During the same period last year, the business earned $0.14 earnings per share.

Hedge Funds Weigh In On Pegasystems

Institutional investors have recently modified their holdings of the stock. True Wealth Design LLC acquired a new position in shares of Pegasystems during the 3rd quarter worth about $27,000. Venturi Wealth Management LLC grew its position in shares of Pegasystems by 49.1% in the 3rd quarter. Venturi Wealth Management LLC now owns 656 shares of the technology company's stock valued at $48,000 after purchasing an additional 216 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of Pegasystems in the 3rd quarter valued at approximately $57,000. Capital Performance Advisors LLP acquired a new position in shares of Pegasystems in the 3rd quarter valued at approximately $67,000. Finally, Headlands Technologies LLC grew its position in shares of Pegasystems by 29.9% in the 2nd quarter. Headlands Technologies LLC now owns 1,129 shares of the technology company's stock valued at $68,000 after purchasing an additional 260 shares during the period. 46.89% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Kenneth Stillwell sold 5,792 shares of the business's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $79.15, for a total transaction of $458,436.80. Following the completion of the transaction, the chief financial officer now directly owns 17,400 shares in the company, valued at approximately $1,377,210. The trade was a 24.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Efstathios A. Kouninis sold 299 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $96.90, for a total value of $28,973.10. The disclosure for this sale can be found here. In the last three months, insiders sold 27,914 shares of company stock valued at $2,414,935. 50.10% of the stock is currently owned by insiders.

Pegasystems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be issued a dividend of $0.03 per share. The ex-dividend date is Thursday, January 2nd. This represents a $0.12 annualized dividend and a yield of 0.12%. Pegasystems's dividend payout ratio is currently 8.76%.

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.