FY2025 EPS Estimates for Pegasystems Lowered by DA Davidson

Pegasystems Inc. (NASDAQ:PEGA) – Investment analysts at DA Davidson reduced their FY2025 earnings estimates for shares of Pegasystems in a note issued to investors on Tuesday, April 15th. DA Davidson analyst G. Luria now forecasts that the technology company will earn $1.81 per share for the year, down from their prior forecast of $1.88. DA Davidson currently has a “Neutral” rating and a $70.00 price target on the stock. The consensus estimate for Pegasystems’ current full-year earnings is $1.89 per share. DA Davidson also issued estimates for Pegasystems’ FY2026 earnings at $2.03 EPS.

Pegasystems (NASDAQ:PEGA) last announced its earnings results on Wednesday, February 12th. The technology company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.20). Pegasystems had a net margin of 6.63% and a return on equity of 32.09%.

PEGA has been the subject of several other research reports. Barclays decreased their price objective on shares of Pegasystems from $103.00 to $97.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. StockNews.com lowered Pegasystems from a “buy” rating to a “hold” rating in a report on Thursday. Loop Capital decreased their target price on Pegasystems from $115.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday. Rosenblatt Securities boosted their price target on shares of Pegasystems from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Finally, JMP Securities restated a “market outperform” rating and set a $110.00 price objective on shares of Pegasystems in a report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Pegasystems has an average rating of “Moderate Buy” and an average price target of $97.27.

Pegasystems Price Performance

Shares of PEGA stock opened at $68.34 on Wednesday. The firm has a 50-day moving average of $74.78 and a 200-day moving average of $85.27. Pegasystems has a one year low of $54.55 and a one year high of $113.67. The company has a market cap of $5.87 billion, a P/E ratio of 67.66 and a beta of 1.22.

Pegasystems Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were issued a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date was Tuesday, April 1st. Pegasystems’s payout ratio is currently 11.88%.

Insider Activity

In other news, CFO Kenneth Stillwell sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $105.63, for a total value of $211,260.00. Following the completion of the transaction, the chief financial officer now directly owns 14,466 shares in the company, valued at approximately $1,528,043.58. This trade represents a 12.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Leon Trefler sold 2,049 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $75.65, for a total transaction of $155,006.85. Following the transaction, the insider now directly owns 52,019 shares of the company’s stock, valued at approximately $3,935,237.35. This represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,791 shares of company stock worth $6,134,554. 50.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Pegasystems

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sanctuary Advisors LLC increased its stake in Pegasystems by 4.9% in the 4th quarter. Sanctuary Advisors LLC now owns 4,667 shares of the technology company’s stock worth $435,000 after acquiring an additional 219 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of Pegasystems by 48.0% during the fourth quarter. Global Retirement Partners LLC now owns 789 shares of the technology company’s stock worth $74,000 after purchasing an additional 256 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Pegasystems by 9.7% in the fourth quarter. Principal Financial Group Inc. now owns 3,993 shares of the technology company’s stock worth $372,000 after purchasing an additional 354 shares during the last quarter. Kestra Investment Management LLC raised its stake in Pegasystems by 32.8% in the fourth quarter. Kestra Investment Management LLC now owns 16,230 shares of the technology company’s stock valued at $1,513,000 after purchasing an additional 4,011 shares in the last quarter. Finally, Swiss National Bank lifted its position in Pegasystems by 1.2% during the fourth quarter. Swiss National Bank now owns 84,000 shares of the technology company’s stock valued at $7,829,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 46.89% of the company’s stock.

About Pegasystems

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.