The price of Pegasystems Inc. (NASDAQ: PEGA) closed at $63.12 in the last session, down -1.67% from day before closing price of $64.19. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 577429 shares were traded. PEGA stock price reached its highest trading level at $64.69 during the session, while it also had its lowest trading level at $62.95.
Ratios:
We take a closer look at PEGA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.60.
On July 05, 2023, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $50 to $65.
On June 06, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $48.DA Davidson initiated its Neutral rating on June 06, 2023, with a $48 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when STILLWELL KENNETH sold 2,000 shares for $66.43 per share. The transaction valued at 132,862 led to the insider holds 16,000 shares of the business.
Akgonul Rifat Kerim sold 2,000 shares of PEGA for $132,799 on Mar 01 ’24. The Chief Product Officer now owns 51,092 shares after completing the transaction at $66.40 per share. On Feb 23 ’24, another insider, JONES RICHARD H, who serves as the Director of the company, sold 10,000 shares for $63.39 each. As a result, the insider received 633,900 and left with 379,658 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEGA now has a Market Capitalization of 5.28B and an Enterprise Value of 5.44B. As of this moment, Pegasystems’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.22, and their Forward P/E ratio for the next fiscal year is 19.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 14.96. Its current Enterprise Value per Revenue stands at 3.80 whereas that against EBITDA is 44.93.
Stock Price History:
Over the past 52 weeks, PEGA has reached a high of $69.26, while it has fallen to a 52-week low of $37.66. The 50-Day Moving Average of the stock is 54.32, while the 200-Day Moving Average is calculated to be 49.55.
Shares Statistics:
According to the various share statistics, PEGA traded on average about 485.61K shares per day over the past 3-months and 514.62k shares per day over the past 10 days. A total of 83.84M shares are outstanding, with a floating share count of 39.74M. Insiders hold about 52.63% of the company’s shares, while institutions hold 42.58% stake in the company. Shares short for PEGA as of Feb 29, 2024 were 643.67k with a Short Ratio of 1.33, compared to 683.99k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.77% and a Short% of Float of 1.51%.
Dividends & Splits
The forward annual dividend rate for PEGA is 0.12, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.19%, it implies a Forward Annual Dividend Yield of 0.19%. The stock’s 5-year Average Dividend Yield is 0.18. The current Payout Ratio is 15.03% for PEGA, which recently paid a dividend on Jan 16, 2024 with an ex-dividend date of Dec 29, 2023. Stock splits for the company last occurred on Apr 02, 2014 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.78 and a low estimate of $0.24, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.21, with high estimates of $0.38 and low estimates of $0.02.
Analysts are recommending an EPS of between $2.85 and $2.71 for the fiscal current year, implying an average EPS of $2.76. EPS for the following year is $3.19, with 14 analysts recommending between $3.55 and $2.98.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $338.31M. It ranges from a high estimate of $359.3M to a low estimate of $320.4M. As of the current estimate, Pegasystems Inc.’s year-ago sales were $350.25M, an estimated decrease of -3.40% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $318.01M, an increase of 6.60% over than the figure of -$3.40% in the same quarter last year. There is a high estimate of $327.6M for the next quarter, whereas the lowest estimate is $309.3M.
A total of 14 analysts have provided revenue estimates for PEGA’s current fiscal year. The highest revenue estimate was $1.51B, while the lowest revenue estimate was $1.49B, resulting in an average revenue estimate of $1.5B. In the same quarter a year ago, actual revenue was $1.43B, up 4.70% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.63B in the next fiscal year. The high estimate is $1.7B and the low estimate is $1.57B. The average revenue growth estimate for next year is up 8.60% from the average revenue estimate for this year.
