Pegasystems Inc. (PEGA) is currently priced at $36.41, experiencing a decrease of 36.38 cents (-0.989%) from the previous close of $36.77. Trading volume stands at $273,215, representing a 10.51% variance from the average. The asset's performance reflects ongoing market dynamics.
PEGA's latest quarterly earnings report, announced on April 20th, revealed a consensus estimate EPS of 0.674. The company's financial performance continues to be a point of interest for investors.
With a forward dividend yield of 0.33%, PEGA distributed 3 cents per share MRQ and 12 cents TTM. The company's dividend strategy showcases stability and investor value.
RBC Capital reaffirmed PEGA's grade as "Outperform" on April 22, maintaining a price of $37.48. The consensus remains positive, reflecting confidence in the asset's potential.
PEGA's cash flow indicates a positive trend, with free cash flow reaching $206.53 million and a net change in cash of $57.95 million. The company's financial operations show stability and growth potential.
The company reported revenue of $429.97 million, with a net income of $32.76 million. Earnings per share (EPS) stood at 19 cents, demonstrating profitability amidst operating expenses.
Key ratios reveal PEGA's financial health, with notable figures including a gross profit margin of 75.17% and a return on equity of 4.64. These metrics provide insights into the company's performance and efficiency.
PEGA's balance sheet shows total assets of $1.55 billion and total liabilities of $845 million, reflecting a strong financial position and potential for future growth. The company's asset structure indicates stability and strategic financial management.
Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. The company also offers customer engagement applications, including Pega Customer Decision Hub that enable enterprises to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Sales Automation to automate and manage the sales process; and Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity. In addition, it provides intelligent automation software; Pega Cloud that allows clients to develop, test, and deploy applications and the Pega Platform using an Internet-based infrastructure; Pega Academy, which offers instructor-led and online training to its employees, clients, and partners; and guidance, implementation, and technical support services. The company primarily markets its software and services to financial services, life sciences, healthcare, communications and media, government, insurance, manufacturing and high tech, and consumer services markets through a direct sales force, as well as partnerships with technology providers and application developers. Pegasystems Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.