Q2 Earnings Forecast for Pegasystems Issued By DA Davidson

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 earnings per share estimates for Pegasystems in a report issued on Monday, June 9th. DA Davidson analyst W. Jellison anticipates 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 reports. Rosenblatt Securities increased their price target on shares of Pegasystems from $101.00 to $112.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Loop Capital reaffirmed a "buy" rating and issued a $105.00 target price (up previously from $85.00) on shares of Pegasystems in a research note on Thursday, April 24th. JMP Securities raised their price target on Pegasystems from $110.00 to $125.00 and gave the stock a "market outperform" rating in a research report on Tuesday, June 3rd. Citigroup boosted their price target on Pegasystems from $116.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, June 6th. Finally, Wedbush reaffirmed an "outperform" rating and set a $125.00 price objective on shares of Pegasystems in a research note on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $106.18.

Pegasystems Stock Performance

PEGA traded up $0.46 during trading on Wednesday, hitting $102.09. The stock had a trading volume of 263,688 shares, compared to its average volume of 764,739. The firm has a market capitalization of $8.74 billion, a P/E ratio of 101.08 and a beta of 1.12. Pegasystems has a twelve month low of $55.90 and a twelve month high of $113.67. The company's 50-day moving average price is $88.31 and its 200 day moving average price is $89.26.

Hedge Funds Weigh In On Pegasystems

A number of institutional investors have recently made changes to their positions in the business. Treasurer of the State of North Carolina increased its stake in shares of Pegasystems by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 19,597 shares of the technology company's stock worth $1,826,000 after buying an additional 120 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Pegasystems by 2.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,875 shares of the technology company's stock valued at $548,000 after purchasing an additional 139 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Pegasystems by 85.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 323 shares of the technology company's stock worth $30,000 after purchasing an additional 149 shares during the last quarter. Arizona State Retirement System grew its stake in Pegasystems by 1.2% in the fourth quarter. Arizona State Retirement System now owns 12,394 shares of the technology company's stock worth $1,155,000 after purchasing an additional 152 shares in the last quarter. Finally, Amalgamated Bank increased its holdings in Pegasystems by 5.3% in the first quarter. Amalgamated Bank now owns 3,060 shares of the technology company's stock valued at $213,000 after buying an additional 153 shares during the last quarter. 46.89% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Pegasystems news, Chairman Alan Trefler sold 31,500 shares of the business'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 transaction, the chairman now owns 17,184,614 shares in the company, valued at $1,175,599,443.74. The trade was a 0.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Efstathios A. Kouninis sold 500 shares of Pegasystems stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $93.50, for a total value of $46,750.00. Following the sale, the chief accounting officer now directly owns 500 shares in the company, valued at approximately $46,750. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 94,185 shares of company stock worth $7,981,945. 49.70% of the stock is currently owned by company insiders.

Pegasystems Cuts Dividend

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

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.