Q2 Earnings Forecast for Pegasystems Issued By DA Davidson

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - Analysts at DA Davidson issued their Q2 2025 earnings estimates for Pegasystems in a research note issued to investors on Monday, June 9th. DA Davidson analyst W. Jellison forecasts that the technology company will post earnings of $0.10 per share for the quarter. DA Davidson currently has a "Hold" rating on the stock. The consensus estimate for Pegasystems' current full-year earnings is $1.89 per share. DA Davidson also issued estimates for Pegasystems' FY2025 earnings at $2.68 EPS and FY2026 earnings at $2.39 EPS.

PEGA has been the subject of several other research reports. Rosenblatt Securities raised their price objective on shares of Pegasystems from $101.00 to $112.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Citigroup increased their price objective on shares of Pegasystems from $116.00 to $131.00 and gave the stock a "buy" rating in a research report on Friday, June 6th. Loop Capital reaffirmed a "buy" rating and set a $105.00 price target (up from $85.00) on shares of Pegasystems in a report on Thursday, April 24th. KeyCorp reduced their price objective on shares of Pegasystems from $118.00 to $94.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Wedbush reiterated an "outperform" rating and issued a $125.00 price objective on shares of Pegasystems in a research report on Tuesday, June 3rd. Three 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $106.18.

Pegasystems Trading Down 2.3%

Shares of NASDAQ:PEGA traded down $2.37 during midday trading on Wednesday, hitting $98.84. The stock had a trading volume of 663,222 shares, compared to its average volume of 769,344. The company has a market capitalization of $8.46 billion, a PE ratio of 97.86 and a beta of 1.12. The stock has a 50 day moving average price of $89.79 and a two-hundred day moving average price of $89.28. Pegasystems has a 1 year low of $55.90 and a 1 year high of $113.67.

Pegasystems Cuts Dividend

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

Insider Transactions at Pegasystems

In other news, Chairman Alan Trefler sold 31,500 shares of the company's stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $68.41, for a total value of $2,154,915.00. Following the completion of the sale, the chairman now owns 17,184,614 shares of the company's stock, valued at approximately $1,175,599,443.74. This represents a 0.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Gerard Higgins sold 11,830 shares of the company's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $102.23, for a total transaction of $1,209,380.90. Following the sale, the insider now owns 19,013 shares of the company's stock, valued at $1,943,698.99. This represents a 38.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 106,015 shares of company stock valued at $9,191,326. 49.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Pegasystems

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. increased its position in Pegasystems by 189.0% during the fourth quarter. Invesco Ltd. now owns 2,364,242 shares of the technology company's stock valued at $220,347,000 after acquiring an additional 1,546,281 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new position in Pegasystems in the 1st quarter worth approximately $151,149,000. TPG GP A LLC grew its stake in shares of Pegasystems by 4.3% during the 1st quarter. TPG GP A LLC now owns 2,022,733 shares of the technology company's stock worth $140,620,000 after purchasing an additional 82,845 shares during the period. AQR Capital Management LLC lifted its position in shares of Pegasystems by 60.1% during the 1st quarter. AQR Capital Management LLC now owns 1,200,819 shares of the technology company's stock valued at $81,337,000 after buying an additional 450,951 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Pegasystems in the 1st quarter valued at $68,229,000. Hedge funds and other institutional investors own 46.89% 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.