Monthly Drifts in Pegasystems Inc. (PEGA) Stock: A Closer Look

Pegasystems Inc. [PEGA] stock is trading at $72.12, up 3.07%. 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 8.50% over the last week, with a monthly amount glided 2.71%, 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.

Pegasystems Inc. [PEGA] stock has fluctuated 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 $72.12 at the most recent close of the market. An investor can expect a potential return of 10.14% 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 0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.35.

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 70.69 points at the first support level, and at 69.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.86, and for the 2nd resistance point, it is at 73.60.

Ratios To Look Out For

For context, Pegasystems Inc.’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 4.13, the price to book ratio is 14.14 and price to earnings (TTM) ratio is 49.62.

Transactions by insiders

Recent insider trading involved Akgonul Rifat Kerim, Chief Product Officer, that happened on Sep 03 ’24 when 1000.0 shares were sold. COO, CFO, STILLWELL KENNETH completed a deal on Sep 03 ’24 to sell 3000.0 shares. Meanwhile, Chief of Clients and Markets Trefler Leon sold 752.0 shares on Sep 03 ’24.

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