Pegasystems Inc (PEGA) stock price forecast predicts $81.38 value

A share price of Pegasystems Inc [PEGA] is currently trading at $90.31, up 1.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PEGA shares have gain 5.38% over the last week, with a monthly amount glided 22.89%, 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 experienced fluctuations in its stock price throughout the past year between $44.07 and $89.61. Currently, Wall Street analysts expect the stock to reach $81.38 within the next 12 months. Pegasystems Inc [NASDAQ: PEGA] shares were valued at $90.31 at the most recent close of the market. An investor can expect a potential drop of -9.89% based on the average PEGA price forecast.

Analyzing the PEGA fundamentals

Trailing Twelve Months sales for Pegasystems Inc [NASDAQ:PEGA] were 1.48B which represents -2.87% decline. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.3 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.06.

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 88.86 points at the first support level, and at 87.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.65, and for the 2nd resistance point, it is at 92.99.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Pegasystems Inc [NASDAQ:PEGA] is 1.09. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 5.23, the price to book ratio is 16.38 and price to earnings (TTM) ratio is 65.79.

Transactions by insiders

Recent insider trading involved KOUNINIS EFSTATHIOS A, VP of Finance & CAO, that happened on Nov 11 ’24 when 375.0 shares were sold. Director, WEBER LARRY completed a deal on Nov 11 ’24 to sell 1900.0 shares. Meanwhile, Officer EFSTATHIOS A KOUNINIS bought 375.0 shares on Nov 11 ’24.

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