Detailed Review Of Prospects For Pegasystems Inc. Stock

Pegasystems Inc. [PEGA] stock prices are up 2.25% to $67.82 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PEGA shares have gain 5.77% over the last week, with a monthly amount glided 12.04%, 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 August 01, 2024, when Loop Capital upgraded its rating to a Buy and also boosted its price target to $84 from $68. Previously, JMP Securities upgraded its rating to Mkt Outperform on July 31, 2024, and kept the price target unchanged to $85. On July 30, 2024, upgrade upgraded it’s rating to Outperform. Barclays upgraded its rating to a Equal Weight but stick to its price target of $52 on January 12, 2024. Exane BNP Paribas upgraded its rating to a Outperform and raised its price target to $65 on July 05, 2023. DA Davidson started tracking with a Neutral rating for this stock on June 06, 2023, and assigned it a price target of $48. In a note dated May 08, 2023, Rosenblatt initiated an Buy rating and provided a target price of $56 on this stock.

The stock price of Pegasystems Inc. [PEGA] has been fluctuating between $37.66 and $72.74 over the past year. Currently, Wall Street analysts expect the stock to reach $79.43 within the next 12 months. Pegasystems Inc. [NASDAQ: PEGA] shares were valued at $67.82 at the most recent close of the market. An investor can expect a potential return of 17.12% based on the average PEGA price forecast.

Analyzing the PEGA fundamentals

The Pegasystems Inc. [NASDAQ:PEGA] reported sales of 1.49B for trailing twelve months, representing a surge 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 0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.5.

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 66.77 points at the first support level, and at 65.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.44, and for the 2nd resistance point, it is at 69.05.

Ratios To Look Out For

It’s worth pointing out that Pegasystems Inc. [NASDAQ:PEGA]’s Current Ratio is 1.05. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 3.89, the price to book ratio is 13.30 and price to earnings (TTM) ratio is 46.66.

Transactions by insiders

Recent insider trading involved STILLWELL KENNETH, COO, CFO, that happened on Aug 01 ’24 when 3000.0 shares were sold. Director, JONES RICHARD H completed a deal on Aug 01 ’24 to sell 15271.0 shares. Meanwhile, Chief Product Officer Akgonul Rifat Kerim sold 3000.0 shares on Aug 01 ’24.

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