Pegasystems (PEGA) Scheduled to Post Quarterly Earnings on Wednesday

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

Shares of Pegasystems (NASDAQ PEGA) opened at $51.20 on Tuesday. The stock has a market capitalization of $3,990.00, a P/E ratio of 86.78 and a beta of 1.26. Pegasystems has a 12 month low of $39.65 and a 12 month high of $64.85.

In other Pegasystems news, VP Michael R. Pyle sold 4,000 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $49.45, for a total transaction of $197,800.00. Following the completion of the sale, the vice president now directly owns 42,524 shares in the company, valued at $2,102,811.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Efstathios A. Kouninis sold 728 shares of the company’s stock in a transaction 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 owns 1,012 shares of the company’s stock, valued at $50,326.76. The disclosure for this sale can be found here. Insiders have sold 19,035 shares of company stock valued at $940,525 over the last 90 days. Corporate insiders own 53.61% of the company’s stock.

Several equities research analysts recently issued reports on PEGA shares. TheStreet cut Pegasystems from a “b-” rating to a “c” rating in a research note on Wednesday, November 22nd. Zacks Investment Research upgraded Pegasystems from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, BidaskClub upgraded Pegasystems from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently 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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