El interés en corto de Pegasystems da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Pegasystems. Los datos de interés en corto se actualizan cada dos semanas.

Pegasystems (NASDAQ:PEGA) Bolsa, Informe de interés en corto

Pegasystems

Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.

Pegasystems Inc

PEGASUS DIGITAL MOBILITY ACQUISITION CORP CL A ORD SHS

PEGASUS GAMING CORP by Pegasus Gaming Corp.

PEGASUS HAVA TAS UNSP/ADR by Pegasus Hava Tasimaciligi AS

Pegasus Hava Tasimaciligi AS

PEGASUS MERCANTILE INC by Pegasus Mercantile Inc.

Pegasus Mercantile Inc

Pegasus Resources Inc

PEGASUS RESOURCES INC by Pegasus Resources Inc.

Pegasus Tel Inc

Pegatron Corp

In the latest quarter, 10 analysts provided ratings for Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Pegasystems, revealing an average target of $89.1, a high estimate of $100.00, and a low estimate of $82.00. This current average has increased by 8.08% from the previous average price target of $82.44. 
<img src="https://www.benzinga.com/files/images/story/2024/1729879209_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Pegasystems by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$82.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$95.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Steven Enders</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$92.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Pinjalim Bora</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Announces</td>
<td>Market Outperform</td>
<td>$85.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Pegasystems. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Pegasystems compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Pegasystems's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PEGA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Pegasystems analyst ratings.</a>
<h2>Delving into Pegasystems's Background</h2>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Pegasystems: A Financial Overview</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, Pegasystems faced challenges, resulting in a decline of approximately -2.87% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -4.43%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -3.17%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Pegasystems's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.92%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.23, caution is advised due to increased financial risk.
<h2>The Basics of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

PEGA

10 Analysts Assess Pegasystems: What You Need To Know

Barclays analyst Raimo Lenschow maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Equal-Weight and raises the price target from $74 to $82.

News

Price Target

Barclays Maintains Equal-Weight on Pegasystems, Raises Price Target to $82

Wedbush analyst Daniel Ives maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Outperform and raises the price target from $90 to $100.

Wedbush Maintains Outperform on Pegasystems, Raises Price Target to $100

Rosenblatt analyst Blair Abernethy maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and raises the price target from $90 to $95.

Rosenblatt Maintains Buy on Pegasystems, Raises Price Target to $95

U.S. stocks were mixed, with the Nasdaq Composite gaining around 100 points on Thursday.
Shares of United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) rose during Thursday's session after the company reported <a href="https://www.benzinga.com/news/earnings/24/10/41515619/delivery-giant-ups-breaks-revenue-miss-streak-after-10-quarters-stock-soars">better-than-expected quarterly EPS and sales.</a>
UPS reported consolidated revenue growth of 5.6% year-over-year to $22.2 billion, beating the consensus of $22.14 billion. Adjusted EPS was $1.76, up 12.1% YoY, above the consensus of $1.63.
United Parcel Service shares jumped 5% to $137.93 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) shares jumped 31.6% to $6.82 after the company said it has begun producing low volumes of its first B-sample cells and has begun shipping cells for automotive customer testing.</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) gained 22.8% to $337.89 after the company reported better-than-expected third-quarter financial results.</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>) climbed 20.7% to $345.82 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance above estimates. Also, the company increased its fourth-quarter dividend.</li>
<li>Viking Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) gained 18.7% to $71.65 after the company reported better-than-expected third-quarter EPS results.</li>
<li>LendingClub Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) gained 17.7% to $14.67 after the company reported better-than-expected third-quarter financial results.</li>
<li>American Coastal Insurance Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) surged 16.8% to $12.09 after the company provided updates on hurricane loss amounts and announced it expects a positive net income for the third quarter.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gained 16.5% to $248.93 following better-than-expected quarterly earnings.</li>
<li>Celestica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) climbed 15.6% to $66.48 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates.</li>
<li>Zai Lab Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) gained 15.2% to $33.33 after the company presented data from its ongoing Phase 1a/1b study of ZL-1310 for previously treated extensive-stage small cell lung cancer at the EORTC-NCI-AACR Symposium 2024.</li>
<li>Pegasystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) gained 14.2% to $79.66.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) surged 13.2% to $29.72 after the company announced it bagged a contract with the Space Development Agency as the prime contractor to the US Government.</li>
<li>ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) gained 11.2% to $7.70 after the company reported better-than-expected third-quarter financial results and issued FY24 adjusted EPS above estimates.</li>
<li>Whirlpool Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHR#NYSE">WHR</a>) rose 10% to $109.18 following a third-quarter EPS beat and guidance above consensus estimates.</li>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) rose 9.9% to $149.00 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 9.9% to $12.00 after Keybanc maintained an Overweight rating on the stock and raised its price target from $11 to $12.</li>
<li>CBRE Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NASDAQ">CBRE</a>) gained 9.7% to $135.12 after the company reported better-than-expected third-quarter financial results and raised its FY24 adjusted EPS guidance above estimates.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) rose 8.2% to $629.72 following upbeat quarterly earnings.</li>
<li>Labcorp Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LH#NYSE">LH</a>) gained 7.6% to $236.52 following strong quarterly earnings.</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) gained 7.5% to $377.11 following strong quarterly sales.</li>
<li>T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) gained 4.1% to $230.00 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41516316/jim-cramer-says-he-would-not-buy-this-health-care-stock-at-this-level-wait-for-a-pullbac">Jim Cramer Says He Would Not Buy This Health Care Stock At This Level: &#8216;Wait For A Pullback&#8217;</a></li>
</ul>

Intraday Update

Markets

Movers

Trading Ideas

ACIC

ASTS

CBRE

Laboratory Corporation Of America Holdings

PLXS

POOL

RKLB

TMUS

TSLA

VKTX

ZLAB

UPS Posts Upbeat Q3 Results, Joins Tesla, Celestica, Pool, T-Mobile And Other Big Stocks Moving Higher On Thursday

WIIM

Pegasystems shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results.

Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.36 by 8.33 percent. This is a 11.36 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $325.05 million which missed the analyst consensus estimate of $325.07 million by 0.01 percent. This is a 2.87 percent decrease over sales of $334.64 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Pegasystems Q3 Adj $0.39 Beats $0.36 Estimate, Sales $325.05M Miss $325.07M Estimate

Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Pegasystems to report an earnings per share (EPS) of $0.34.
Investors in Pegasystems are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings History Snapshot</h3>
During the last quarter, the company reported an EPS beat by $0.27, leading to a 12.82% increase in the share price on the subsequent day.
Here's a look at Pegasystems's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.25</td>
<td>0.43</td>
<td>1</td>
<td>0.01</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.52</td>
<td>0.48</td>
<td>1.77</td>
<td>0.44</td>
</tr>
<tr>
<td>Price Change %</td>
<td>13.0%</td>
<td>0.0%</td>
<td>36.0%</td>
<td>7.000000000000001%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729616553_0.png" alt="eps graph" />
<h3>Performance of Pegasystems Shares</h3>
Shares of Pegasystems were trading at $71.15 as of October 21. Over the last 52-week period, shares are up 86.36%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Pegasystems</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Pegasystems.
Analysts have given Pegasystems a total of 11 ratings, with the consensus rating being Buy. The average one-year price target is $84.18, indicating a potential 18.31% upside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of BILL Holdings, Zeta Global Holdings and Clearwater Analytics Hldg, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For BILL Holdings, analysts project an Neutral trajectory, with an average 1-year price target of $70.0, indicating a potential 1.62% downside.</li>
<li>As per analysts' assessments, Zeta Global Holdings is favoring an Buy trajectory, with an average 1-year price target of $33.14, suggesting a potential 53.42% downside.</li>
<li>For Clearwater Analytics Hldg, analysts project an Neutral trajectory, with an average 1-year price target of $26.57, indicating a potential 62.66% downside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
The peer analysis summary offers a detailed examination of key metrics for BILL Holdings, Zeta Global Holdings and Clearwater Analytics Hldg, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Pegasystems</td>
<td>Buy</td>
<td>17.73%</td>
<td>$254.21M</td>
<td>1.60%</td>
</tr>
<tr>
<td>BILL Holdings</td>
<td>Neutral</td>
<td>16.11%</td>
<td>$278.46M</td>
<td>0.19%</td>
</tr>
<tr>
<td>Zeta Global Holdings</td>
<td>Buy</td>
<td>32.61%</td>
<td>$136.76M</td>
<td>-13.74%</td>
</tr>
<tr>
<td>Clearwater Analytics Hldg</td>
<td>Neutral</td>
<td>18.82%</td>
<td>$76.90M</td>
<td>-0.12%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Pegasystems ranks at the top for revenue growth among its peers. It is in the middle for gross profit. Pegasystems is at the top for return on equity.
<h3>Delving into Pegasystems's Background</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Financial Insights: Pegasystems</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Pegasystems displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 17.73%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Pegasystems's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.88% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Pegasystems's ROE excels beyond industry benchmarks, reaching 1.6%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.43%, the company showcases effective utilization of assets.
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/PEGA/earnings">To track all earnings releases for Pegasystems visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Pegasystems's Earnings

Manhattan Associates (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/manh#NASDAQ">MANH</a>) is set to report its third-quarter 2024 results on Oct. 22.
It expects third-quarter 2024 earnings to be $1.06 per share. Revenues are anticipated between $261 million to $265 million.
The Zacks Consensus Estimate for third-quarter earnings has been steady at $1.06 per share over the past 30 days, suggesting 0.95% growth from the figure reported in the year-ago quarter.
The Zacks Consensus Estimate for third-quarter revenues is pegged at $263.36 million, indicating an increase of 10.45% from the figure reported in the year-ago quarter.
Manhattan Associates&#39; earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 26.61%.
Let&#39;s see how things have shaped up for the upcoming announcement:
<div class="chart_embed">
<h3>Manhattan Associates, Inc. Price and EPS Surprise</h3>
<h2><img alt="Manhattan Associates, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/a2/1729169907.png" style="height:210px; width:620px" title="" /></h2>
Manhattan Associates, Inc. price-eps-surprise | Manhattan Associates, Inc. Quote
</div>
<h2>Factors to Consider</h2>
Manhattan Associates&#39; to-be-reported quarter is expected to have benefited from strong demand for its mission-critical cloud solutions in verticals including retail, manufacturing and wholesale. These three verticals drive more than 80% of MANH&#39;s bookings.
Higher competitive win rates are expected to have expanded Manhattan&#39;s clientele to new logos resulting in a healthy mix of conversions and cross-sells in the third quarter of 2024.
MANH&#39;s to-be-reported quarter is expected to have benefited from an expanding internal services organization and growing portfolio of Manhattan value partners.
MANH&#39;s expanding product portfolio now includes the likes of Fulfilment Experience Insight Dashboard, part of Manhattan Active Omni, and Manhattan Yard Management, part of the Manhattan Active Supply Chain Execution Platform. These new solutions are expected to boost top-line growth.
Manhattan Active Maven and Manhattan Assist, generative AI-powered solutions that automate customer service tasks and investment decision-making, are expected to have benefited MANH&#39;s top-line growth.
Its expanding footprint across cloud-based supply chain planning and supply chain execution verticals to provide operational forecasts bodes well.
However, uncertainty regarding the timing of project go-lives and numerous deal pushes are likely to have hurt Manhattan Associates&#39; third-quarter results.
Continuing macroeconomic challenges are expected to have hurt growth rate in the to-be-reported quarter.
<h2>What Our Model Says</h2>
According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that&#39;s not the case here.
Manhattan Associates has an Earnings ESP of 0.00% and carries a Zacks Rank #3.
<h2>Stocks to Consider</h2>
Here are a few companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Reddit has an Earnings ESP of +72.10% and a Zacks Rank #2.
RDDT shares have appreciated 53.2% year to date. Reddit is set to report its third-quarter 2024 results on Oct. 29.
CommVault Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cvlt#NASDAQ">CVLT</a>) has an Earnings ESP of +4.46% and a Zacks Rank #3 at present.
CommVault shares have returned 83.2% year to date. CVLT is set to report its second-quarter fiscal 2025 results on Oct. 29.
Pegasystems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pega#NASDAQ">PEGA</a>) has an Earnings ESP of +11.43% and has a Zacks Rank #3 at present.
Pegasystems shares have appreciated 50.1% year to date. PEGA is set to report its third-quarter 2024 results on Oct. 23.
<a href="https://www.zacks.com/stock/news/2352544/manhattan-associates-to-report-q3-earnings-what-s-in-store?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2352544">To read this article on Zacks.com click here.</a>

Large Cap

Mid Cap

CVLT

MANH

Manhattan Associates to Report Q3 Earnings: What's in Store?

Rosenblatt analyst Blair Abernethy maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and maintains $90 price target.

Rosenblatt Maintains Buy on Pegasystems, Maintains $90 Price Target

Analysts' ratings for Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $83.6, a high estimate of $92.00, and a low estimate of $70.00. This current average has increased by 11.63% from the previous average price target of $74.89. 
<img src="https://www.benzinga.com/files/images/story/2024/1727290917_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Pegasystems's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steven Enders</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$92.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Pinjalim Bora</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Announces</td>
<td>Market Outperform</td>
<td>$85.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Kevin Kumar</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$78.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$77.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Pegasystems. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Pegasystems compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Pegasystems's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PEGA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Pegasystems analyst ratings.</a>
<h2>Delving into Pegasystems's Background</h2>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Understanding the Numbers: Pegasystems's Finances</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Pegasystems's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.88%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Pegasystems's ROE stands out, surpassing industry averages. With an impressive ROE of 1.6%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Pegasystems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.43%, the company showcases efficient use of assets and strong financial health.
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 10 Analyst Recommendations For Pegasystems

Citigroup analyst Steven Enders maintains Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) with a Buy and raises the price target from $87 to $92.

Citigroup Maintains Buy on Pegasystems, Raises Price Target to $92

Pegasystems Says SEC Staff Of The Division Of Enforcement Concluded Its Investigation Commenced March 2023 And Did Not Intend To Recommend Any Enforcement Action Against Company - Filing

A significant insider transaction involving the exercise of company stock options was reported on August 19, by Peter Gyenes, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), as per the latest SEC filing.
What Happened: In an insider options sale disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000174//Archives/edgar/data/1013857/000101385724000174/0001013857-24-000174-index.htm">U.S. Securities and Exchange Commission</a>, Gyenes, Director at Pegasystems, exercised stock options for 0 shares of PEGA. The transaction value amounted to $0.
Pegasystems shares are currently trading down by 1.19%, with a current price of $68.23 as of Tuesday morning. This brings the total value of Gyenes's 0 shares to $0.
<h3>Unveiling the Story Behind Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Pegasystems: Delving into Financials</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Pegasystems exhibits below-average bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 46.66 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.98 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 33.09, Pegasystems's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Relevance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Breaking Update: Peter Gyenes Engages In Options Exercise At Pegasystems

On August 19, Jones, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), executed a strategic insider move by acquiring stock options for 3,969 shares.
What Happened: Revealed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000176//Archives/edgar/data/1013857/000101385724000176/0001013857-24-000176-index.htm">U.S. Securities and Exchange Commission</a>, Jones, Director at Pegasystems, strategically acquired stock options for 3,969 shares of PEGA. These options empower Jones to buy the company's stock at a favorable exercise price of $69.19 per share.
Pegasystems shares are currently trading up by 0.65%, with a current price of $69.5 as of Tuesday morning. This brings the total value of Jones's 3,969 shares to $1,230.
<h3>Discovering Pegasystems: A Closer Look</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Key Indicators: Pegasystems's Financial Health</h3>
Positive Revenue Trend: Examining Pegasystems's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 17.73% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Pegasystems exhibits below-average bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 46.66 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.98 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 33.09, Pegasystems presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Exploring Key Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Richard H Jones Sees Potential Growth And Acquires In Pegasystems Stock Options

A noteworthy insider acquisition was disclosed on August 19, as Lafond, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported the acquisition of stock options for 3,969 shares.
What Happened: In a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000178//Archives/edgar/data/1013857/000101385724000178/0001013857-24-000178-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Lafond, Director at Pegasystems, acquired stock options for 3,969 shares of PEGA. These options provide Lafond with the right to purchase the company's stock at $69.19 per share.
Pegasystems shares are trading up 0.65% at $69.5 at the time of this writing on Tuesday morning. Since the current price is $69.5, this makes Lafond's 3,969 shares worth $1,230.
<h3>Delving into Pegasystems's Background</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Pegasystems: A Financial Overview</h3>
Revenue Growth: Over the 3 months period, Pegasystems showcased positive performance, achieving a revenue growth rate of 17.73% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 72.39%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: Pegasystems's P/E ratio of 46.66 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 3.98 is lower than the industry average, implying a discounted valuation for Pegasystems's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 33.09, Pegasystems could be considered undervalued.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Christopher Lafond Expands Holdings With Pegasystems Stock Options

Disclosed in a recent SEC filing, Dianne Ledingham, Board Member at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), made a strategic move by acquiring company stock options on August 19,.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000180//Archives/edgar/data/1013857/000101385724000180/0001013857-24-000180-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Ledingham, Board Member at Pegasystems, acquired 3,969 stock options for PEGA with an exercise price of $69.19 per share.
As of Tuesday morning, Pegasystems shares are up by 0.65%, with a current price of $69.5. This implies that Ledingham's 3,969 shares have a value of $1,230.
<h3>About Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>A Deep Dive into Pegasystems's Financials</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: With a high gross margin of 72.39%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio stands notably higher than the industry average, reaching 1.35. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 46.66 is lower than the industry average, implying a discounted valuation for Pegasystems's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.98 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Pegasystems's EV/EBITDA ratio at 33.09 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Deciphering Transaction Codes in Insider Filings</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

In A Strategic Move, Dianne Ledingham Acquires Pegasystems Stock Options: Enhancing Value

Sharon T Rowlands, Director at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported acquisition of company stock options on August 19, according to a new SEC filing.
What Happened: Disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000182//Archives/edgar/data/1013857/000101385724000182/0001013857-24-000182-index.htm">U.S. Securities and Exchange Commission</a>, Rowlands, Director at Pegasystems, made a strategic derivative acquisition. This involved acquiring stock options for 3,969 shares of PEGA, providing the right to buy the company's stock at an exercise price of $69.19 per share.
Currently, Pegasystems shares are trading up 0.65%, priced at $69.5 during Tuesday's morning. This values Rowlands's 3,969 shares at $1,230.
<h3>Delving into Pegasystems's Background</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Financial Insights: Pegasystems</h3>
Revenue Growth: Pegasystems displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 17.73%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 72.39%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS reflects a decline, falling below the industry average with a current EPS of 0.08.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio surpasses industry norms, standing at 1.35. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 46.66 is lower than the industry average, implying a discounted valuation for Pegasystems's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.98, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 33.09 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sharon T Rowlands Takes A Bullish Stance, Acquiring In Pegasystems Stock Options

A noteworthy insider acquisition was disclosed on August 19, as Weber, Board Member at Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), reported the acquisition of stock options for 3,969 shares.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001013857/000101385724000184//Archives/edgar/data/1013857/000101385724000184/0001013857-24-000184-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Weber, Board Member at Pegasystems, acquired 3,969 stock options for PEGA with an exercise price of $69.19 per share.
Pegasystems shares are trading up 0.65% at $69.5 at the time of this writing on Tuesday morning. Since the current price is $69.5, this makes Weber's 3,969 shares worth $1,230.
<h3>All You Need to Know About Pegasystems</h3>
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
<h3>Unraveling the Financial Story of Pegasystems</h3>
Revenue Growth: Pegasystems's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 17.73%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 72.39%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Pegasystems's EPS is below the industry average. The company faced challenges with a current EPS of 0.08. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Pegasystems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 46.66 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.98, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 33.09, Pegasystems presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001013857">Check Out The Full List Of Pegasystems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Witness A Substantial Acquisition As Larry Weber Acquires In Pegasystems Stock Options

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pega.com%2F%3Futm_source%3Demd%26utm_medium%3Dpr%26utm_content%3DPega-EU-Service-Boundary&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Pegasystems+Inc.&amp;index=1&amp;md5=0a695e06f48a0b4d9a2059940c940e13">Pegasystems Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>), the leading enterprise AI decisioning and workflow automation platform provider, today announced it is expanding its relationship with&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aws.com%2F&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Amazon+Web+Services&amp;index=2&amp;md5=435232f5442c90486f3edfeaeb0eec55">Amazon Web Services</a>&nbsp;(AWS). Pega is among the initial companies to reveal it will leverage the recently announced&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Faws.amazon.com%2Fblogs%2Fsecurity%2Faws-digital-sovereignty-pledge-announcing-a-new-independent-sovereign-cloud-in-europe%2F&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=AWS+European+Sovereign+Cloud&amp;index=3&amp;md5=6af9bfec32f29ece8c958acc0c95d9f0">AWS European Sovereign Cloud</a>&nbsp;to deliver the Pega EU Service Boundary &ndash; a solution that will help customers meet their most stringent digital sovereignty goals within the European Union (EU). The Pega EU Service Boundary is set to launch alongside the AWS European Sovereign Cloud at the end of 2025.
The new offering will provide a commitment from Pega to store and process data within the EU, under the control of and supported by EU staff, to provide the flexibility of Pega Cloud, while addressing stringent digital sovereignty requirements from clients in public sector and highly regulated industries. By combining&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pega.com%2Fproducts%2Fcloud&amp;esheet=54105233&amp;newsitemid=20240807743080&amp;lan=en-US&amp;anchor=Pega+Cloud&amp;index=4&amp;md5=c026c747e6573f9830f0b9d2a72be7d9">Pega Cloud</a>&#39;s already stringent approach to data isolation, access controls, and process with the AWS European Sovereign Cloud, Pega will provide further digital sovereignty assurances at all layers of the service, from Pega&#39;s platform and supporting technologies, all the way to the supporting infrastructure.

AMZN

Pegasystems to Use AWS European Sovereign Cloud, Enhancing Data Control for EU Clients

Barclays raised the firm's price target on Pegasystems (PEGA) to $82 from $74 and keeps an Equal Weight rating on the shares. The company reported ...

Pegasystems price target raised to $82 from $74 at Barclays

In a report released today, Raimo Lenschow from Barclays maintained a Hold rating on Pegasystems (PEGA – Research Report), with a price target of $...

Barclays Reaffirms Their Hold Rating on Pegasystems (PEGA)

Wedbush raised the firm's price target on Pegasystems (PEGA) to $100 from $90 and keeps an Outperform rating on the shares. Pegasystems delivered a...

Pegasystems price target raised to $100 from $90 at Wedbush

D.A. Davidson analyst Gil Luria maintained a Hold rating on Pegasystems (PEGA – Research Report) today. The company's shares closed yesterday at $7...

D.A. Davidson Sticks to Their Hold Rating for Pegasystems (PEGA)

Loop Capital analyst Mark Schappel raised the firm's price target on Pegasystems (PEGA) to $90 from $84 and keeps a Buy rating on the shares after ...

Pegasystems price target raised to $90 from $84 at Loop Capital

Analysts have been eager to weigh in on the Technology sector with new ratings on TELUS International (CDA) (TIXT – Research Report), Gen Digital (...

Analysts Have Conflicting Sentiments on These Technology Companies: TELUS International (CDA) (TIXT), Gen Digital (GEN) and Pegasystems (PEGA)

The latest update is out from Pegasystems ( ($PEGA) ). Pegasystems Inc. has repurchased $34.4 million of its convertible senior notes at a discount...

Pegasystems Repurchases Convertible Notes at a Discount

Investing in AI offers significant potential due to its expanding applications across industries, projected growth, and transformative impact, leading to promising returns and market dominance. Therefore, it could be wise to invest in top AI stocks such as Cloudflare (NET), MongoDB (MDB), and Pegasystems (PEGA) before their breakthroughs take off. Read more... AI is rapidly evolving, with its applications expanding across sectors like customer service, cybersecurity, and automation. This transformative potential signals significant future demand, making early investments highly attractive. Against this dynamic backdrop, it could be wise to buy top AI stocks such as Cloudflare, Inc. (<a href="https://stocknews.com/stock/NET/">NET</a>), MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>), and Pegasystems Inc. (<a href="https://stocknews.com/stock/PEGA/">PEGA</a>).
AI has revolutionized customer service and engagement across the globe, leveraging tools such as chatbots, predictive models, and sentiment analysis to improve interactions and enhance support, leading to better business outcomes. As adoption continues to rise, global AI spending is expected to exceed $632 billion by 2028, fueled by a <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52530724#:~:text=The%20rapid%20incorporation%20of%20AI,the%202024%2D2028%20forecast%20period.">29% CAGR</a> driven by advancements in AI and generative technologies.
Additionally, AI technology is now enhancing areas such as cybersecurity, personalized marketing, inventory management, and recruitment. Notably, AI-powered robotics are transforming manufacturing and customer service, driving advancements in automation and production efficiency. As a result, the AI market is expected to reach $184 billion in 2024, with a <a href="https://www.statista.com/outlook/tmo/artificial-intelligence/worldwide">28.46% CAGR</a>, growing to $826.7 billion by 2030.
Considering these conducive trends, let's analyze the fundamentals of the three AI picks mentioned above.
Cloudflare, Inc. (<a href="https://stocknews.com/stock/NET/">NET</a>)
NET operates as a cloud services provider, delivering a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure various platforms, along with website and application security products. Additionally, it provides website and application performance solutions, a SASE platform, and network services.
On October 18, 2024, NET announced the opening of a new headquarters in Lisbon, Portugal, to strengthen its EMEA operations and support growing customer demand. This expansion highlights NET's commitment to the region and aims to leverage Lisbon's tech talent and strategic location.
On October 8, 2024, NET announced its acquisition of Kivera to enhance proactive cloud security within its Cloudflare One platform. This integration aims to prevent cloud security risks by implementing preventive controls, simplifying secure cloud operations for businesses.
In terms of the trailing-12-month gross profit, NET's 77.53% is 54.4% higher than the 50.23% industry average. Likewise, its 9.08% trailing-12-month Capex / Sales is 345.8% higher than the 2.04% industry average. Its 22.82% trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin is 103.7% higher than the 11.20% industry average.
During the third quarter that ended September 30, 2024, NET's revenues increased 28.2% year-over-year to $430.08 million. The company's non-GAAP gross profit rose 28.3% from the year-ago value to $339.11 million. Moreover, its non-GAAP net income was $72.58 million and $0.20 per share, up 31.3% and 25% from the previous year's quarter, respectively.
Street expects NET's EPS and revenue for the quarter ending December 31, 2024, to increase 19.7% and 24.8% year-over-year to $0.18 and $452.19 million, respectively. It surpassed Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 45.5% to close the last trading session at $92.05.
NET's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #15 out of 20 stocks in the B-rated <a href="https://stocknews.com/category/software-security/">Software - Security</a> industry. It has a B grade for Growth. <a href="https://stocknews.com/stock/NET/">Click here</a> to see NET's ratings for Value, Momentum, Stability, Sentiment, and Quality.
MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>)
MDB and its subsidiaries provide a general-purpose database platform worldwide. The company offers MongoDB Atlas, MongoDB Enterprise Advanced, and Community Server.
On August 20, 2024, MDB announced that its Atlas for Government now supports Google Cloud's Assured Workloads, enhancing flexibility and resilience for public sector customers. This makes it the first multi-cloud data platform at FedRAMP Moderate, expanding secure cloud options for government agencies.
In terms of the trailing-12-month levered FCF margin, MDB's 15.99% is 42.7% higher than the 11.20% industry average. Its 74.02% trailing-12-month gross profit margin is 47.4% higher than the 50.23% industry average. Similarly, the stock's 0.63x trailing-12-month asset turnover ratio is 2.5% higher than the 0.61x industry average.
MDB's total revenue for the second quarter, which ended on July 31, 2024, increased 12.8% year-over-year to $478.11 million. Similarly, the company's non-GAAP gross profit grew 9.7% over the prior-year quarter to $360.79 million. Additionally, its non-GAAP net income was $59.04 million, or $0.70 per share.
For the quarter ended October 31, 2024, MDB's revenue is expected to increase 14.5% year-over-year to $495.65 million. Its EPS for the quarter ending April 30, 2025, is expected to grow 17.9% year-over-year to $0.60. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 24.3% to close the last trading session at $292.
MDB's positive outlook is reflected in its POWR Ratings. It has a B grade for Growth. It is ranked #94 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry. To access additional grades for MDB's Value, Momentum, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/MDB/">click here</a>.
Pegasystems Inc. (<a href="https://stocknews.com/stock/PEGA/">PEGA</a>)
PEGA develops, markets, licenses, hosts, and supports enterprise software in the United States, the rest of the Americas, the United Kingdom, Europe, the Middle East, Africa, and the Asia-Pacific.
On October 29, 2024, PEGA announced Pega Infinity 24.2, introducing enhanced generative AI features to boost enterprise innovation, productivity, and customer engagement. The update includes expanded AI model support, streamlined workflows, and advanced automation tools across customer service, decisioning, and sales platforms.
In terms of the trailing-12-month net income margin, PEGA's 8.29% is 141.1% higher than the 3.44% industry average. Similarly, its 38.32% trailing-12-month Return on Common Equity is 857.5% higher than the 4% industry average. Its 1.06x trailing-12-month asset turnover ratio is 72% higher than the 0.61x industry average.
PEGA's total revenue for the nine months ended September 30, 2024, rose 5% year-over-year to $1.01 billion. For the same period, the company's gross profit stood at $718.04 million, up 7.1% year-over-year. The company's non-GAAP net income and EPS were $122.59 million and $1.38, up 111.3% and 100%, respectively, from the prior year's period.
Analysts expect PEGA's revenue for the quarter ending December 31, 2024, to increase marginally year-over-year to $474.51 million. Likewise, its EPS for the quarter ending March 31, 2025, is expected to rise 14.5% year-over-year to $0.55. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 96.2% to close the last trading session at $88.65.
PEGA's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Sentiment and Quality. Within the B-rated <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry, it is ranked #13 out of 39 stocks. To see PEGA's Growth, Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/PEGA/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NET shares were trading at $90.91 per share on Tuesday afternoon, down $2.32 (-2.49%). Year-to-date, NET has gained 9.19%, versus a 26.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/net-mdb-pega-3-ai-stocks-to-buy-before-their-breakthroughs-take-off/>3 AI Stocks to Buy Before Their Breakthroughs Take Off</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Comments

Pegasystems

Interés en corto

Pegasystems (NASDAQ:PEGA) Bolsa, Informe de interés en corto

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL