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

Pegasystems (NASDAQ:PEGA - Get Free Report) announced its quarterly earnings data 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 Down 0.3 %

Shares of NASDAQ:PEGA traded down $0.26 during midday trading on Friday, reaching $85.02. 2,028,566 shares of the company were exchanged, compared to its average volume of 815,577. Pegasystems has a fifty-two week low of $54.55 and a fifty-two week high of $113.67. The stock has a fifty day simple moving average of $99.04 and a two-hundred day simple moving average of $83.97. The firm has a market cap of $7.29 billion, a PE ratio of 62.06 and a beta of 1.11.

Pegasystems Dividend Announcement

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

Wall Street Analyst Weigh In

PEGA has been the topic of several analyst reports. KeyCorp reiterated an "overweight" rating and issued a $118.00 target price on shares of Pegasystems in a report on Tuesday, January 14th. StockNews.com upgraded shares of Pegasystems from a "hold" rating to a "buy" rating in a report on Thursday, November 21st. Wedbush increased 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. Rosenblatt Securities increased their target price on shares of Pegasystems from $95.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Finally, Citigroup increased their target price on shares of Pegasystems from $99.00 to $123.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Pegasystems has a consensus rating of "Moderate Buy" and a consensus price target of $99.36.

Insider Activity at Pegasystems

In related news, CFO Kenneth Stillwell sold 2,000 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $105.63, for a total value of $211,260.00. Following the completion of the transaction, the chief financial officer now owns 14,466 shares of the company's stock, valued at approximately $1,528,043.58. This trade represents a 12.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Leon Trefler sold 752 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $94.60, for a total transaction of $71,139.20. Following the completion of the transaction, the insider now directly owns 36,884 shares of the company's stock, valued at approximately $3,489,226.40. This trade represents a 2.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,003 shares of company stock valued at $1,346,086. Corporate insiders own 50.10% of the company's stock.

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.