News coverage about Pegasystems (NASDAQ:PEGA) has trended somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pegasystems earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.3697925394755 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
Shares of Pegasystems (NASDAQ PEGA) opened at $49.55 on Thursday. Pegasystems has a twelve month low of $37.10 and a twelve month high of $64.85. The firm has a market capitalization of $3,860.00, a P/E ratio of 83.98 and a beta of 1.25.
Pegasystems (NASDAQ:PEGA) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.05 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.01. Pegasystems had a return on equity of 9.86% and a net margin of 5.67%. The company had revenue of $179.80 million for the quarter, compared to analyst estimates of $200.15 million. During the same quarter in the previous year, the company earned $0.17 EPS. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. analysts predict that Pegasystems will post 0.26 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend was Friday, December 29th. Pegasystems’s dividend payout ratio is presently 20.34%.
PEGA has been the topic of a number of research reports. TheStreet lowered Pegasystems from a “b-” rating to a “c” rating in a report on Wednesday, November 22nd. Zacks Investment Research raised Pegasystems from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, BidaskClub raised Pegasystems from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. Pegasystems has an average rating of “Hold” and a consensus target price of $63.00.
In other news, VP Michael R. Pyle sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $49.06, for a total transaction of $196,240.00. Following the sale, the vice president now owns 54,343 shares of the company’s stock, valued at approximately $2,666,067.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Efstathios A. Kouninis sold 728 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $49.73, for a total value 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 disclosure for this sale can be found here. Insiders sold a total of 16,406 shares of company stock worth $845,950 in the last ninety days. 53.61% of the stock is owned by corporate insiders.
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Pegasystems Company Profile
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.
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