KeyCorp Predicts Pegasystems' Q1 Earnings (NASDAQ:PEGA)

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for Pegasystems in a research report issued on Monday, January 13th. KeyCorp analyst D. Au expects that the technology company will earn $0.21 per share for the quarter. KeyCorp currently 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.

Pegasystems (NASDAQ:PEGA - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The technology company reported $0.39 EPS for the quarter, topping the consensus estimate 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 net margin of 8.29% and a return on equity of 37.83%. The business's revenue for the quarter was down 2.8% on a year-over-year basis. During the same period last year, the company posted $0.14 earnings per share.

PEGA has been the topic of several other research reports. Wedbush lifted their target price on Pegasystems from $90.00 to $100.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Rosenblatt Securities upped their price target on shares of Pegasystems from $90.00 to $95.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. StockNews.com raised shares of Pegasystems from a "hold" rating to a "buy" rating in a research note on Thursday, November 21st. Royal Bank of Canada upped their price target on shares of Pegasystems from $90.00 to $115.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. Finally, Barclays upped their price target on shares of Pegasystems from $74.00 to $82.00 and gave the stock an "equal weight" rating in a research note 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 given a strong buy rating to the company. According to MarketBeat.com, Pegasystems presently has an average rating of "Moderate Buy" and a consensus price target of $93.91.

Pegasystems Trading Up 2.5 %

NASDAQ:PEGA traded up $2.49 during trading hours on Wednesday, hitting $102.49. 1,303,802 shares of the stock traded hands, compared to its average volume of 847,200. The firm has a 50 day moving average price of $93.30 and a 200 day moving average price of $77.28. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 74.81 and a beta of 1.09. Pegasystems has a fifty-two week low of $45.36 and a fifty-two week high of $104.59.

Pegasystems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.12%. The ex-dividend date is Thursday, January 2nd. Pegasystems's dividend payout ratio (DPR) is presently 8.76%.

Insider Buying and Selling

In other news, CFO Kenneth Stillwell sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $94.00, for a total transaction of $188,000.00. Following the completion of the sale, the chief financial officer now owns 16,466 shares of the company's stock, valued at approximately $1,547,804. This trade represents a 10.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Rifat Kerim Akgonul sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $80.07, for a total transaction of $80,070.00. Following the sale, the insider now directly owns 47,119 shares of the company's stock, valued at approximately $3,772,818.33. The trade was a 2.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,914 shares of company stock valued at $2,414,935 over the last quarter. Corporate insiders own 50.10% of the company's stock.

Institutional Trading of Pegasystems

Several hedge funds have recently modified their holdings of the stock. Crossmark Global Holdings Inc. boosted its stake in Pegasystems by 74.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 43,995 shares of the technology company's stock valued at $4,100,000 after acquiring an additional 18,800 shares during the last quarter. Ellsworth Advisors LLC boosted its stake in Pegasystems by 5.9% in the fourth quarter. Ellsworth Advisors LLC now owns 8,284 shares of the technology company's stock valued at $772,000 after acquiring an additional 465 shares during the last quarter. Merit Financial Group LLC bought a new position in Pegasystems in the fourth quarter valued at approximately $204,000. Wealth Enhancement Advisory Services LLC boosted its stake in Pegasystems by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,401 shares of the technology company's stock valued at $783,000 after acquiring an additional 141 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake in Pegasystems by 9.9% in the fourth quarter. Nordea Investment Management AB now owns 88,554 shares of the technology company's stock valued at $8,353,000 after acquiring an additional 7,947 shares during the last quarter. 46.89% of the stock is owned by institutional investors.

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.