Pegasystems (PEGA) Set to Announce Earnings on Wednesday

Pegasystems (NASDAQ:PEGA) will be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Pegasystems to post earnings of $0.15 per share for the quarter.

Pegasystems (PEGA) opened at $51.20 on Monday. Pegasystems has a 1-year low of $39.65 and a 1-year high of $64.85. The company has a market cap of $3,986.43, a price-to-earnings ratio of 93.09 and a beta of 1.26.

A number of brokerages have commented on PEGA. BidaskClub upgraded shares of Pegasystems from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Pegasystems from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, TheStreet lowered shares of Pegasystems from a “b-” rating to a “c” rating in a report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $63.00.

In other news, SVP Douglas I. Kra sold 1,164 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $49.90, for a total value of $58,083.60. Following the sale, the senior vice president now owns 25,664 shares in the company, valued at approximately $1,280,633.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Michael R. Pyle sold 4,000 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $49.06, for a total transaction of $196,240.00. Following the completion of the sale, the vice president now owns 54,343 shares in the company, valued at approximately $2,666,067.58. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,035 shares of company stock worth $940,525. Company insiders own 53.61% of the company’s stock.

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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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