La vendita allo scoperto per Pegasystems dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Pegasystems. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Pegasystems (NASDAQ:PEGA) Azioni, Report sulle vendite allo scoperto

Pegasystems

Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.

Pegasystems Inc

PEGASUS DIGITAL MOBILITY ACQUISITION CORP CL A ORD SHS

PEGASUS GAMING CORP by Pegasus Gaming Corp.

PEGASYSTEMS ORD

PEGASUS HAVA TAS UNSP/ADR by Pegasus Hava Tasimaciligi AS

Pegasus Hava Tasimaciligi AS

Pegasus Resources Inc

PEGASUS RESOURCES INC by Pegasus Resources Inc.

Pegasus Tel Inc

Pegatron Corp

Rosenblatt analyst Blair Abernethy maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and maintains $90 price target.

News

Price Target

Analyst Ratings

PEGA

Rosenblatt Maintains Buy on Pegasystems, Maintains $90 Price Target

Analysts' ratings for Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $83.6, a high estimate of $92.00, and a low estimate of $70.00. This current average has increased by 11.63% from the previous average price target of $74.89. 
<img src="https://www.benzinga.com/files/images/story/2024/1727290917_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Pegasystems's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steven Enders</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$92.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Pinjalim Bora</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Announces</td>
<td>Market Outperform</td>
<td>$85.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Kevin Kumar</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$78.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$77.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Pegasystems. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Pegasystems compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Pegasystems's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PEGA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Pegasystems analyst ratings.</a>
<h2>Delving into Pegasystems's Background</h2>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Understanding the Numbers: Pegasystems's Finances</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Pegasystems's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.88%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Pegasystems's ROE stands out, surpassing industry averages. With an impressive ROE of 1.6%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Pegasystems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.43%, the company showcases efficient use of assets and strong financial health.
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 10 Analyst Recommendations For Pegasystems

Citigroup analyst Steven Enders maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and raises the price target from $87 to $92.

Citigroup Maintains Buy on Pegasystems, Raises Price Target to $92

Pegasystems Says SEC Staff Of The Division Of Enforcement Concluded Its Investigation Commenced March 2023 And Did Not Intend To Recommend Any Enforcement Action Against Company - Filing

A significant insider transaction involving the exercise of company stock options was reported on August 19, by Peter Gyenes, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), as per the latest SEC filing.
What Happened: In an insider options sale disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000174//Archives/edgar/data/1013857/000101385724000174/0001013857-24-000174-index.htm">U.S. Securities and Exchange Commission</a>, Gyenes, Director at Pegasystems, exercised stock options for 0 shares of PEGA. The transaction value amounted to $0.
Pegasystems shares are currently trading down by 1.19%, with a current price of $68.23 as of Tuesday morning. This brings the total value of Gyenes's 0 shares to $0.
<h3>Unveiling the Story Behind Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Pegasystems: Delving into Financials</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Pegasystems exhibits below-average bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 46.66 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.98 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 33.09, Pegasystems's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>The Relevance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Breaking Update: Peter Gyenes Engages In Options Exercise At Pegasystems

On August 19, Jones, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), executed a strategic insider move by acquiring stock options for 3,969 shares.
What Happened: Revealed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000176//Archives/edgar/data/1013857/000101385724000176/0001013857-24-000176-index.htm">U.S. Securities and Exchange Commission</a>, Jones, Director at Pegasystems, strategically acquired stock options for 3,969 shares of PEGA. These options empower Jones to buy the company's stock at a favorable exercise price of $69.19 per share.
Pegasystems shares are currently trading up by 0.65%, with a current price of $69.5 as of Tuesday morning. This brings the total value of Jones's 3,969 shares to $1,230.
<h3>Discovering Pegasystems: A Closer Look</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Key Indicators: Pegasystems's Financial Health</h3>
Positive Revenue Trend: Examining Pegasystems's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 17.73% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Pegasystems exhibits below-average bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 46.66 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.98 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 33.09, Pegasystems presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Exploring Key Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Richard H Jones Sees Potential Growth And Acquires In Pegasystems Stock Options

A noteworthy insider acquisition was disclosed on August 19, as Lafond, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported the acquisition of stock options for 3,969 shares.
What Happened: In a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000178//Archives/edgar/data/1013857/000101385724000178/0001013857-24-000178-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Lafond, Director at Pegasystems, acquired stock options for 3,969 shares of PEGA. These options provide Lafond with the right to purchase the company's stock at $69.19 per share.
Pegasystems shares are trading up 0.65% at $69.5 at the time of this writing on Tuesday morning. Since the current price is $69.5, this makes Lafond's 3,969 shares worth $1,230.
<h3>Delving into Pegasystems's Background</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Pegasystems: A Financial Overview</h3>
Revenue Growth: Over the 3 months period, Pegasystems showcased positive performance, achieving a revenue growth rate of 17.73% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 72.39%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: Pegasystems's P/E ratio of 46.66 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 3.98 is lower than the industry average, implying a discounted valuation for Pegasystems's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 33.09, Pegasystems could be considered undervalued.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>The Importance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Christopher Lafond Expands Holdings With Pegasystems Stock Options

Disclosed in a recent SEC filing, Dianne Ledingham, Board Member at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), made a strategic move by acquiring company stock options on August 19,.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000180//Archives/edgar/data/1013857/000101385724000180/0001013857-24-000180-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Ledingham, Board Member at Pegasystems, acquired 3,969 stock options for PEGA with an exercise price of $69.19 per share.
As of Tuesday morning, Pegasystems shares are up by 0.65%, with a current price of $69.5. This implies that Ledingham's 3,969 shares have a value of $1,230.
<h3>About Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>A Deep Dive into Pegasystems's Financials</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: With a high gross margin of 72.39%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio stands notably higher than the industry average, reaching 1.35. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 46.66 is lower than the industry average, implying a discounted valuation for Pegasystems's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.98 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Pegasystems's EV/EBITDA ratio at 33.09 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Deciphering Transaction Codes in Insider Filings</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

In A Strategic Move, Dianne Ledingham Acquires Pegasystems Stock Options: Enhancing Value

Sharon T Rowlands, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported acquisition of company stock options on August 19, according to a new SEC filing.
What Happened: Disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000182//Archives/edgar/data/1013857/000101385724000182/0001013857-24-000182-index.htm">U.S. Securities and Exchange Commission</a>, Rowlands, Director at Pegasystems, made a strategic derivative acquisition. This involved acquiring stock options for 3,969 shares of PEGA, providing the right to buy the company's stock at an exercise price of $69.19 per share.
Currently, Pegasystems shares are trading up 0.65%, priced at $69.5 during Tuesday's morning. This values Rowlands's 3,969 shares at $1,230.
<h3>Delving into Pegasystems's Background</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Financial Insights: Pegasystems</h3>
Revenue Growth: Pegasystems displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 17.73%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS reflects a decline, falling below the industry average with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 46.66 is lower than the industry average, implying a discounted valuation for Pegasystems's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.98, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 33.09 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sharon T Rowlands Takes A Bullish Stance, Acquiring In Pegasystems Stock Options

A noteworthy insider acquisition was disclosed on August 19, as Weber, Board Member at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported the acquisition of stock options for 3,969 shares.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000184//Archives/edgar/data/1013857/000101385724000184/0001013857-24-000184-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Weber, Board Member at Pegasystems, acquired 3,969 stock options for PEGA with an exercise price of $69.19 per share.
Pegasystems shares are trading up 0.65% at $69.5 at the time of this writing on Tuesday morning. Since the current price is $69.5, this makes Weber's 3,969 shares worth $1,230.
<h3>All You Need to Know About Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Unraveling the Financial Story of Pegasystems</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 72.39%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average. The company faced challenges with a current EPS of 0.08. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 46.66 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.98, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 33.09, Pegasystems presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Witness A Substantial Acquisition As Larry Weber Acquires In Pegasystems Stock Options

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pega.com%2F%3Futm_source%3Demd%26utm_medium%3Dpr%26utm_content%3DPega-EU-Service-Boundary&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Pegasystems+Inc.&amp;index=1&amp;md5=0a695e06f48a0b4d9a2059940c940e13">Pegasystems Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), the leading enterprise AI decisioning and workflow automation platform provider, today announced it is expanding its relationship with&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aws.com%2F&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Amazon+Web+Services&amp;index=2&amp;md5=435232f5442c90486f3edfeaeb0eec55">Amazon Web Services</a>&nbsp;(AWS). Pega is among the initial companies to reveal it will leverage the recently announced&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Faws.amazon.com%2Fblogs%2Fsecurity%2Faws-digital-sovereignty-pledge-announcing-a-new-independent-sovereign-cloud-in-europe%2F&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=AWS+European+Sovereign+Cloud&amp;index=3&amp;md5=6af9bfec32f29ece8c958acc0c95d9f0">AWS European Sovereign Cloud</a>&nbsp;to deliver the Pega EU Service Boundary &ndash; a solution that will help customers meet their most stringent digital sovereignty goals within the European Union (EU). The Pega EU Service Boundary is set to launch alongside the AWS European Sovereign Cloud at the end of 2025.
The new offering will provide a commitment from Pega to store and process data within the EU, under the control of and supported by EU staff, to provide the flexibility of Pega Cloud, while addressing stringent digital sovereignty requirements from clients in public sector and highly regulated industries. By combining&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pega.com%2Fproducts%2Fcloud&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Pega+Cloud&amp;index=4&amp;md5=c026c747e6573f9830f0b9d2a72be7d9">Pega Cloud</a>&#39;s already stringent approach to data isolation, access controls, and process with the AWS European Sovereign Cloud, Pega will provide further digital sovereignty assurances at all layers of the service, from Pega&#39;s platform and supporting technologies, all the way to the supporting infrastructure.

AMZN

Pegasystems to Use AWS European Sovereign Cloud, Enhancing Data Control for EU Clients

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Morgan Stanley raised the price target for Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) from $18 to $30. Morgan Stanley analyst Elizabeth Porter downgraded the stock from Overweight to Equal-Weight. Zeta Global shares rose 2.1% to close at $21.42 on Wednesday. <a href="https://www.benzinga.com/quote/ZETA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham boosted the price target for Glaukos Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GKOS#NASDAQ">GKOS</a>) from $131 to $137. Needham analyst David Saxon maintained a Buy rating. Glaukos shares fell 0.6% to close at $117.17 on Wednesday. <a href="https://www.benzinga.com/quote/GKOS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities increased Day One Biopharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAWN#NASDAQ">DAWN</a>) price target from $11 to $24. B of A Securities analyst Alec Stranahan upgraded the stock from Underperform to Buy. Day One Biopharmaceuticals shares fell 5.8% to close at $14.31 on Wednesday. <a href="https://www.benzinga.com/quote/DAWN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt raised the price target for Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) from $562 to $643. Rosenblatt analyst Barton Crockett maintained a Buy rating. Meta shares gained 2.5% to close at $474.83 on Thursday.<a href="https://www.benzinga.com/quote/META/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Rosenblatt raised QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) price target from $240 to $250. Rosenblatt analyst Kevin Cassidy maintained a Buy rating. QUALCOMM shares rose 8.4% to close at $180.95 on Wednesday. <a href="https://www.benzinga.com/quote/QCOM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities increased The Allstate Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) price target from $213 to $226. B of A Securities analyst Joshua Shanker maintained a Buy rating. Allstate shares fell 1.4% to close at $171.12 on Wednesday. <a href="https://www.benzinga.com/quote/ALL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised the price target for GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) from $175 to $220. Morgan Stanley analyst Andrew Percoco upgraded the stock from Equal-Weight to Overweight. GE Vernova shares gained 9.6% to close at $178.24 on Wednesday. <a href="https://www.benzinga.com/quote/GEV/analyst-ratings">See how other analysts view this stoc</a>k.</li>
<li>Baird boosted Generac Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) price target from $142 to $163. Baird analyst Michael Halloran maintained a Neutral rating. Generac shares rose 0.1% to close at $155.68 on Wednesday. <a href="https://www.benzinga.com/quote/GNRC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Loop Capital increased Pegasystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) price target from $68 to $84. Loop Capital analyst Yun Kim upgraded the stock from Hold to Buy. Pegasystems shares fell 1.4% to close at $69.72 on Wednesday. <a href="https://www.benzinga.com/quote/PEGA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Leerink Partners boosted Waters Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAT#NYSE">WAT</a>) price target from $325 to $375. Leerink Partners analyst Puneet Souda upgraded the stock from Market Perform to Outperform. Waters shares gained 2.6% to close at $336.28 on Wednesday. <a href="https://www.benzinga.com/quote/WAT/analyst-ratings">See how other analysts view this stock</a>.</li>
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</ul>

Pre-Market Outlook

Markets

DAWN

GKOS

GNRC

QCOM

ZETA

Meta To Rally Around 35%? Here Are 10 Top Analyst Forecasts For Thursday

Loop Capital analyst Yun Kim upgrades Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) from Hold to Buy and raises the price target from $68 to $84.

Upgrades

Loop Capital Upgrades Pegasystems to Buy, Raises Price Target to $84

JP Morgan analyst Pinjalim Bora maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Overweight and raises the price target from $78 to $83.

JP Morgan Maintains Overweight on Pegasystems, Raises Price Target to $83

Rosenblatt analyst Blair Abernethy maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and raises the price target from $75 to $90.

Rosenblatt Maintains Buy on Pegasystems, Raises Price Target to $90

General

Pegasystems shares are trading higher after JMP Securities upgraded the stock from Market Perform to Market Outperform.

JMP Securities analyst Patrick Walravens upgrades Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) from Market Perform to Market Outperform and announces $85 price target.

JMP Securities Upgrades Pegasystems to Market Outperform, Announces $85 Price Target

APPN

Reported Earlier, Appian To Appeal And Seek Reinstatement Of Trade Secret Verdict Against Pegasystems In Virginia Supreme Court

WIIM

Pegasystems shares are trading higher after a VA judge reversed the $2 billion verdict awarded to Appian.

<a href="https://www.vacourts.gov/opinions/opncavwp/1399224.pdf" title="https://www.vacourts.gov/opinions/opncavwp/1399224.pdf">https://www.vacourts.gov/opinions/opncavwp/1399224.pdf</a>

Biotech

Legal

Virginia Judge Reverses The $2B Verdict Awarded To Appian Over Pega Systems; Says "There Was Insufficient Evidence That Pega Misappropriated Any Trade Secrets"

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The major AI stocks have on average lower EPS growth rate than the S&P 500

Pegasystems, Intapp and Workiva are Citi's top picks in back office software

Pegasystems's (PEGA) second-quarter results easily beat analysts' expectations. The company's long-term prospects appear bright with continuous innovation with AI and steady financial performance. So, let's analyze whether this is the software stock to buy now. Read more to find out... Pegasystems Inc. (<a href="https://stocknews.com/stock/PEGA/">PEGA</a>), a leading provider of enterprise software solutions, beat second-quarter top and bottom-line analyst expectations. The company posted a total revenue of $351.15 million, surpassing the consensus estimate of $324.69 million. Also, its non-GAAP EPS was $0.52 for the second quarter, compared to analysts' expectations of $0.29.
In the year 2024, Pegasystems introduced numerous ground-breaking, technology-efficient solutions for its diverse customer base. These innovations included Pega GenAI Knowledge Buddy, Pega GenAI Socrates, and Pega GenAI Blueprint. The company also expanded its strategic collaborations with companies like Amazon Web Services (AWS) and broadened its capabilities.
Also, amid the AI boom, the company continues to strive to integrate AI in its solutions. The global artificial intelligence (AI) market was valued at $638.23 billion in 2024 and is expected to total $3.68 trillion by 2034, exhibiting a <a href="https://www.precedenceresearch.com/artificial-intelligence-market#:~:text=The%20global%20artificial%20intelligence%20(AI)%20market%20size%20accounted%20for%20USD,19.1%25%20from%202024%20to%202034.">CAGR of 19.1%</a> from 2024 to 2034.
Alan Trefler, founder and CEO, said, "Our approach to statistical AI and generative AI continues to be a significant differentiator. The offerings we've introduced, especially Pega GenAI Blueprint&#x2122;, have captured the imagination of clients, prospects, and partners, allowing them to identify new possibilities and helping us drive deeper engagement."
He added, "With tens of thousands of blueprints created over the last few months, we're identifying opportunities to accelerate growth and creating additional momentum for Pega Cloud&#xAE;."
Shares of PEGA have gained 11% over the past six months and 70.3% over the past year to close its last trading session at $72.12.
Let's look at factors that could influence PEGA's performance in the upcoming months.
Recent Developments
On August 7, PEGA expanded its relationship with Amazon Web Services (AWS), where PEGA will leverage the AWS European Sovereign Cloud to deliver the Pega EU Service Boundary, a solution to help customers meet their most stringent digital sovereignty goals within the European Union (EU).
The new offering of the company will provide EU clients with further digital sovereignty controls.
On July 25, PEGA announced its latest milestone in advancing its federal agency capabilities by achieving FedRAMP&#xAE; high ready compliance and in-process status with the Department of Veterans Affairs for its Pega Cloud&#xAE; for government solutions.
Pega Cloud for Government is a fully managed cloud offering the tools, environments, and operational support to empower government agencies in developing applications optimized for government workloads.
Robust Financials
For the second quarter that ended June 30, 2024, PEGA's total revenue increased 17.7% year-over-year to $351.15 million, of which its subscription services revenue grew 8.8% from the year-ago value to $214.43 million.
Furthermore, the company's gross profit of $254.21 million indicates growth of 25.8% year-over-year. The company's non-GAAP net income and EPS came in at $45.84 million and $0.52, up 3711% and 5100% from the prior year's quarter, respectively.
As of June 30, 2024, PEGA's cash and cash equivalents stood at $258.26 million, compared to $229.90 million as of December 31, 2023.
Solid Historical Growth
PEGA's revenue grew at a CAGR of 8.6% over the past three years, while its net income improved at a CAGR of 103.5%. Its EPS increased at a CAGR of 96.6% over the same period, while the company's levered free cash flow grew at a CAGR of 36.3% over the same time frame.
Favorable Analyst Estimates
Analysts expect PEGA's revenue for the first quarter (ending March 2025) to come in at $355.13 million, indicating an increase of 7.6% year-over-year and the consensus EPS is expected to improve 11.6% year-over-year to $0.54 for the same period. Moreover, the company has surpassed the consensus EPS estimates in all of the trailing four quarters, which is impressive.
For the fiscal year (ending December 2024), the company's revenue is anticipated to grow 3.5% year-over-year to $1.48 billion, while its EPS is expected to grow 14.7% year-over-year to $2.84.
Favorable Profitability
PEGA's trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> of 74.77% is 49.8% higher than the 49.90% industry average. The stock's trailing-12-month EBIT margin of 12.64% is significantly higher than the industry average of 4.83%. And the stock's trailing-12-month net income margin of 8.72% is 142.2% higher than the industry average of 3.60%.
Furthermore, the stock's ROCE, ROTC, and ROTA of 44.72%, 13.43%, and 8.45% favorably compares to the 4.55%, 2.65%, and 2.03% industry average, respectively.
POWR Ratings Appear Optimistic
PEGA's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, translating to a Strong Buy in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. PEGA has an A grade for Quality, consistent with its higher-than-industry profitability.
The stock also has a B grade for Growth and Sentiment, which is in sync with its robust financial performance in the last reported quarter and favorable analyst estimates.
PEGA is ranked #3 among the 39 stocks in the B-rated <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry.
Beyond what I have stated above, we have also given PEGA grades for Stability, Momentum, and Value. Get access to all the PEGA ratings <a href="https://stocknews.com/stock/PEGA/">here</a>.
Bottom Line
PEGA reported better-than-expected earnings in the second quarter of fiscal 2024. Further, the company's long-term prospects appear promising, driven by its innovative product offerings, strategic expansion and investments, and technological innovations.
Given PEGA's solid revenue growth, promising analysts' expectations, and favorable profitability, supported by advancement in the AI industry and broadening opportunities, it could be ideal to invest in this stock.
How Does Pegasystems Inc. (PEGA) Stack Up Against Its Peers?
While PEGA has an overall POWR Rating of A, investors could also check out these other stocks within the A-rated <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry with A (Strong Buy) or B (Buy) ratings:
Amdocs Ltd. (<a href="https://stocknews.com/stock/DOX/">DOX</a>), VMware Inc. (<a href="https://stocknews.com/stock/VMW/">VMW</a>), and Yext, Inc. (<a href="https://stocknews.com/stock/YEXT/">YEXT</a>)
For exploring more A and B-rated software stocks, <a href="https://stocknews.com/category/software-business/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

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PEGA shares were trading at $73.60 per share on Wednesday afternoon, up $1.48 (+2.05%). Year-to-date, PEGA has gained 50.78%, versus a 20.95% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/pega-dox-vmw-yext-with-ai-booming-is-pegasystems-the-software-stock-to-buy/>With AI Booming, Is Pegasystems the Software Stock to Buy Now?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

With AI Booming, Is Pegasystems the Software Stock to Buy Now?

Pegasystems: A Value Play Thanks To AI-Led Profitable Growth

Pegasystems: Operationally Strong With Moderate Return Prospects

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Press Releases

Pega to Present at Upcoming Investor Conference

Pega Collaborates with AWS to Deliver Pega EU Service Boundary

Pega to Present at Upcoming Investor Conferences

Pega Recognized as Highest Ranked Vendor by Gartner in 2024 Critical Capabilities for Sales Force Automation Platforms

Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2024

Pega Creates New Leadership Role to Accelerate Clients' Adoption of Pega Cloud for Faster Innovation

Jackie McKinley Joins Pega to Drive Americas Enterprise Sales and Client Success

Pega Expands Software Developer Incubator Program Worldwide

Pega's Government Empowered 2024 To Showcase How Federal Agencies Can Modernize Systems To Better Serve Citizens

Pega to Announce Financial Results for the Third Quarter of 2024 and Host Conference Call and Webcast

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