Q2 Earnings Forecast for Pegasystems Issued By DA Davidson

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - DA Davidson increased their Q2 2025 earnings per share estimates for Pegasystems in a research note issued to investors on Tuesday, June 3rd. DA Davidson analyst G. Luria now anticipates that the technology company will post earnings per share of $0.10 for the quarter, up from their prior forecast of $0.02. DA Davidson has a "Neutral" rating and a $95.00 price target on the stock. The consensus estimate for Pegasystems' current full-year earnings is $1.89 per share.

Several other equities research analysts also recently weighed in on PEGA. Loop Capital restated a "buy" rating and issued a $105.00 target price (up from $85.00) on shares of Pegasystems in a research note on Thursday, April 24th. Wall Street Zen raised Pegasystems from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. JMP Securities upped their target price on Pegasystems from $110.00 to $125.00 and gave the company a "market outperform" rating in a research report on Tuesday. Barclays raised their price target on Pegasystems from $96.00 to $100.00 and gave the stock an "equal weight" rating in a report on Wednesday. Finally, Royal Bank of Canada restated an "outperform" rating and set a $120.00 price objective on shares of Pegasystems in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.18.

Pegasystems Stock Up 0.6%

Shares of Pegasystems stock traded up $0.62 on Thursday, reaching $102.46. The stock had a trading volume of 828,974 shares, compared to its average volume of 762,394. The stock has a market capitalization of $8.77 billion, a P/E ratio of 101.45 and a beta of 1.11. The company has a 50 day moving average price of $85.64 and a 200 day moving average price of $88.89. Pegasystems has a 1 year low of $55.90 and a 1 year high of $113.67.

Pegasystems Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were issued a $0.015 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.06%. The ex-dividend date of this dividend was Tuesday, April 1st. Pegasystems's dividend payout ratio (DPR) is currently 5.83%.

Insider Transactions at Pegasystems

In other news, CFO Kenneth Stillwell sold 17,713 shares of the company's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $89.36, for a total value of $1,582,833.68. Following the sale, the chief financial officer now owns 21,495 shares in the company, valued at $1,920,793.20. This represents a 45.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Alan Trefler sold 31,500 shares of Pegasystems stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $70.93, for a total value of $2,234,295.00. Following the transaction, the chairman now owns 17,247,614 shares of the company's stock, valued at approximately $1,223,373,261.02. This represents a 0.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 127,087 shares of company stock worth $10,299,146 over the last 90 days. 49.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pegasystems

A number of hedge funds and other institutional investors have recently made changes to their positions in PEGA. Massachusetts Financial Services Co. MA acquired a new position in shares of Pegasystems in the 1st quarter valued at $151,149,000. Invesco Ltd. raised its position in shares of Pegasystems by 189.0% in the fourth quarter. Invesco Ltd. now owns 2,364,242 shares of the technology company's stock worth $220,347,000 after acquiring an additional 1,546,281 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Pegasystems during the 1st quarter worth about $68,229,000. Thrivent Financial for Lutherans purchased a new stake in shares of Pegasystems during the 4th quarter worth about $66,542,000. Finally, Franklin Resources Inc. grew its position in shares of Pegasystems by 398.4% during the 4th quarter. Franklin Resources Inc. now owns 702,838 shares of the technology company's stock valued at $65,505,000 after acquiring an additional 561,807 shares during the period. Institutional investors and hedge funds own 46.89% 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.