With 1.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $104.5875 whereas the lowest price it dropped to was $100.0. The 52-week range on PEGA shows that it touched its highest point at $100.23 and its lowest point at $45.36 during that stretch. It currently has a 1-year price target of $104.90. With its current market cap of 8.79 billion, PEGA has annualized dividend of $0.12 while the current yield stands at 0.12%. PEGA paid its most recent dividend on 1735776000, while the ex-dividend date for that was 1735776000. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PEGA was up-trending over the past week, with a rise of 6.66%, but this was up by 8.35% over a month. Three-month performance surged to 39.46% while six-month performance rose 70.79%. The stock gained 121.03% in the past year, while it has gained 9.97% so far this year. A look at the trailing 12-month EPS for PEGA yields 1.37 with Next year EPS estimates of 3.22. For the next quarter, that number is 1.47. This implies an EPS growth rate of 14.56% for this year and 13.33% for next year.
Float and Shares Shorts:
At present, 85.81 million PEGA shares are outstanding with a float of 43.02 million shares on hand for trading. On 2024-12-31, short shares totaled 1.17 million, which was 136.0 higher than short shares on 1732838400. In addition to Mr. Alan Trefler as the firm’s Founder, CEO & Chairman of the Board, Mr. Kenneth R. Stillwell Jr. serves as its COO & CFO.
Institutional Ownership:
Through their ownership of 0.48789 of PEGA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PEGA reported revenue of $325050000.0 and operating income of -$9176000.0. The EBITDA in the recently reported quarter was $2070000.0 and diluted EPS was -$0.17.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PEGA since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PEGA analysts setting a high price target of 123.0 and a low target of 80.0, the average target price over the next 12 months is 101.32545. Based on these targets, PEGA could surge 20.01% to reach the target high and fall by -21.94% to reach the target low. Reaching the average price target will result in a decline of -1.14% from current levels.
Analysts have provided yearly estimates in a range of $2.86058 being high and $2.8214 being low. For PEGA, this leads to a yearly average estimate of $2.84099. Based on analyst estimates, the high estimate for the next quarter is $0.73 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.56.