Pegasystems (NASDAQ:PEGA) Issues Quarterly Earnings Results

Pegasystems (NASDAQ:PEGA - Get Free Report) issued its quarterly earnings results on Wednesday. The technology company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 Stock Performance

Shares of NASDAQ PEGA traded down $0.26 during mid-day trading on Friday, reaching $85.02. The company's stock had a trading volume of 2,028,566 shares, compared to its average volume of 815,577. The stock has a 50-day moving average of $99.04 and a two-hundred day moving average of $83.97. The stock has a market capitalization of $7.29 billion, a P/E ratio of 62.06 and a beta of 1.11. Pegasystems has a 1-year low of $54.55 and a 1-year high of $113.67.

Pegasystems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.14%. The ex-dividend date was Thursday, January 2nd. Pegasystems's payout ratio is 8.76%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PEGA. Barclays cut their price target on shares of Pegasystems from $103.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Friday. Citigroup upped their price objective on shares of Pegasystems from $99.00 to $123.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. JMP Securities reaffirmed a "market outperform" rating and issued a $110.00 price objective on shares of Pegasystems in a report on Thursday. StockNews.com raised shares of Pegasystems from a "hold" rating to a "buy" rating in a report on Thursday, November 21st. Finally, Wedbush upped their price objective on shares of 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 given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $99.36.

Insider Activity

In other news, insider Leon Trefler sold 752 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $94.60, for a total value of $71,139.20. Following the sale, the insider now directly owns 36,884 shares of the company's stock, valued at approximately $3,489,226.40. The trade was a 2.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kenneth Stillwell sold 2,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 directly owns 14,466 shares in the company, valued at $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 14,003 shares of company stock worth $1,346,086 over the last three months. Insiders own 50.10% of the company's stock.

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.