Pegasystems Inc. (PEGA) shares projected to rise by 9.78%

Pegasystems Inc. [PEGA] stock is trading at $68.93, up 12.82%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PEGA shares have gain 15.62% over the last week, with a monthly amount glided 15.09%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Pegasystems Inc. [NASDAQ: PEGA] stock has seen the most recent analyst activity on January 12, 2024, when Barclays upgraded its rating to a Equal Weight but kept the price target unchanged to $52 for it. Previously, Exane BNP Paribas upgraded its rating to Outperform on July 05, 2023, and elevated its price target to $65. On June 06, 2023, DA Davidson initiated with a Neutral rating and assigned a price target of $48 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $56 on May 08, 2023. William Blair initiated its recommendation with a Mkt Perform. Citigroup upgraded its rating to Buy for this stock on January 18, 2023, and upped its price target to $45. In a note dated October 18, 2022, Barclays downgraded an Underweight rating on this stock and revised its target price from $50 to $25.

Pegasystems Inc. [PEGA] stock has fluctuated between $37.66 and $69.26 over the past year. Currently, Wall Street analysts expect the stock to reach $75.67 within the next 12 months. Pegasystems Inc. [NASDAQ: PEGA] shares were valued at $68.93 at the most recent close of the market. An investor can expect a potential return of 9.78% based on the average PEGA price forecast.

Analyzing the PEGA fundamentals

Pegasystems Inc. [NASDAQ:PEGA] reported sales of 1.49B for the trailing twelve months, which represents a growth of 17.73%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.39 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.31.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.86 points at the first support level, and at 62.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.63, and for the 2nd resistance point, it is at 74.34.

Ratios To Look Out For

For context, Pegasystems Inc.’s Current Ratio is 1.05. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 13.52 and price to earnings (TTM) ratio is 47.42.

Transactions by insiders

Recent insider trading involved STILLWELL KENNETH, COO, CFO, that happened on Jul 01 ’24 when 2000.0 shares were sold. Chief Product Officer, Akgonul Rifat Kerim completed a deal on Jul 01 ’24 to sell 2000.0 shares. Meanwhile, Chief of Clients and Markets Trefler Leon sold 752.0 shares on Jul 01 ’24.

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