With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.8 million shares. The 52-week range on PEGA shows that it touched its highest point at $113.67 and its lowest point at $54.55 during that stretch. It currently has a 1-year price target of $110.60. With its current market cap of 6.81 billion, PEGA has annualized dividend of $0.12 while the current yield stands at 0.15%. Beta for the stock currently stands at 1.19.
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 0.58%, but this was down by -26.50% over a month. Three-month performance dropped to -16.47% while six-month performance rose 11.92%. The stock gained 19.10% in the past year, while it has lost -14.88% so far this year. A look at the trailing 12-month EPS for PEGA yields 1.01 with Next year EPS estimates of 3.44. For the next quarter, that number is 0.49. This implies an EPS growth rate of 2.14% for this year and 11.14% for next year.
Float and Shares Shorts:
At present, 86.11 million PEGA shares are outstanding with a float of 43.54 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.9179 being high and $2.80118 being low. For PEGA, this leads to a yearly average estimate of $2.84009. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.38. The average estimate for the next quarter is thus $0.53.
Summary of Insider Activity:
Insiders traded PEGA stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
