Pegasystems (PEGA) to Release Earnings on Wednesday

Pegasystems (NASDAQ:PEGA) is scheduled to be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Pegasystems to post earnings of $0.15 per share for the quarter.

Shares of Pegasystems (PEGA) opened at $49.50 on Wednesday. The firm has a market cap of $3,850.00, a PE ratio of 83.90 and a beta of 1.26. Pegasystems has a 52-week low of $39.55 and a 52-week high of $64.85.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $0.12 annualized dividend and a yield of 0.24%. Pegasystems’s dividend payout ratio is presently 20.34%.

In other Pegasystems news, CAO Efstathios A. Kouninis sold 728 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $49.73, for a total transaction of $36,203.44. Following the sale, the chief accounting officer now directly owns 1,012 shares in the company, valued at approximately $50,326.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth Stillwell sold 830 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $49.92, for a total transaction of $41,433.60. Following the sale, the chief financial officer now owns 4,686 shares in the company, valued at $233,925.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,035 shares of company stock worth $940,525. 53.61% of the stock is currently owned by insiders.

Several brokerages recently weighed in on PEGA. Zacks Investment Research downgraded shares of Pegasystems from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. BidaskClub downgraded shares of Pegasystems from a “sell” rating to a “strong sell” rating in a research report on Friday, January 26th. Finally, TheStreet downgraded shares of Pegasystems from a “b-” rating to a “c” rating in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $63.00.

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About Pegasystems

Pegasystems Inc develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The Company also offers software applications built on the Pega platform. Its software is designed to assist clients in building, deploying and evolving enterprise applications.

Earnings History for Pegasystems (NASDAQ:PEGA)

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