NASDAQ:PEGAPegasystems Stock Price, Forecast & News

Pegasystems' stock was trading at $79.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PEGA shares have increased by 25.9% and is now trading at $100.16. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pegasystems in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pegasystems.

Pegasystems is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Pegasystems.

Pegasystems Inc. (NASDAQ:PEGA) announced its quarterly earnings results on Wednesday, April, 29th. The technology company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.04. The technology company had revenue of $265.59 million for the quarter, compared to analyst estimates of $255.98 million. Pegasystems had a negative return on equity of 16.20% and a negative net margin of 9.03%. The company's revenue for the quarter was up 25.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.12) earnings per share. View Pegasystems' earnings history.

Pegasystems declared a quarterly dividend on Monday, June 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.03 per share on Wednesday, July 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date of this dividend is Tuesday, June 30th. View Pegasystems' dividend history.

Shares of Pegasystems split before market open on Wednesday, April 2nd 2014. The 2-1 split was announced on Monday, March 10th 2014. The newly issued shares were issued to shareholders after the closing bell on Tuesday, April 1st 2014. An investor that had 100 shares of Pegasystems stock prior to the split would have 200 shares after the split.

8 Wall Street analysts have issued 12 month target prices for Pegasystems' stock. Their forecasts range from $104.00 to $120.00. On average, they expect Pegasystems' share price to reach $114.00 in the next year. This suggests a possible upside of 13.8% from the stock's current price. View analysts' price targets for Pegasystems.

News headlines about PEGA stock have trended somewhat negative on Saturday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pegasystems earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Pegasystems.

Some companies that are related to Pegasystems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pegasystems investors own include NVIDIA (NVDA), salesforce.com (CRM), Netflix (NFLX), Walt Disney (DIS), Adobe (ADBE), Alibaba Group (BABA), Intel (INTC), XPO Logistics (XPO), Boeing (BA) and Mastercard (MA).

Pegasystems trades on the NASDAQ under the ticker symbol "PEGA."

Pegasystems' stock is owned by a number of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (1.52%) and Envestnet Asset Management Inc. (0.05%). Company insiders that own Pegasystems stock include Alan Trefler, Douglas I Kra, Efstathios A Kouninis, James P Ohalloran, Kenneth Stillwell, Larry Weber, Leon Trefler, Michael R Pyle and Richard H Jones. View institutional ownership trends for Pegasystems.

PEGA stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC. Company insiders that have sold Pegasystems company stock in the last year include Douglas I Kra, Efstathios A Kouninis, Kenneth Stillwell, Leon Trefler, Michael R Pyle, and Richard H Jones. View insider buying and selling activity for Pegasystems.

PEGA stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for Pegasystems.

Shares of PEGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PEGA stock can currently be purchased for approximately $100.16.

Pegasystems has a market capitalization of $8.02 billion and generates $911.38 million in revenue each year. The technology company earns $-90,430,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis. Pegasystems employs 5,155 workers across the globe.

The official website for Pegasystems is www.pega.com.

Pegasystems' mailing address is ONE ROGERS STREET, CAMBRIDGE MA, 02142. The technology company can be reached via phone at 617-374-9600 or via email at [email protected]