$0.05 EPS Expected for Pegasystems Inc. (PEGA)

October 13, 2017 - By Richard Conner

 $0.05 EPS Expected for Pegasystems Inc. (PEGA)
Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.13, from 1.05 in 2017Q1. It improved, as 16 investors sold Pegasystems Inc. shares while 50 reduced holdings. 34 funds opened positions while 44 raised stakes. 33.44 million shares or 2.16% more from 32.73 million shares in 2017Q1 were reported.
1,442 were reported by Barclays Public Ltd Llc. Comerica Retail Bank owns 20,128 shares for 0.01% of their portfolio. Putnam Invs Limited Liability Co holds 0.04% or 284,206 shares in its portfolio. The Texas-based Tpg Grp Inc Holdg (Sbs) Advsr Inc has invested 0.95% in Pegasystems Inc. (NASDAQ:PEGA). Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Pegasystems Inc. (NASDAQ:PEGA) for 1,257 shares. Fmr Limited Liability reported 1.21 million shares or 0.01% of all its holdings. Chicago Equity Prtn Ltd Liability Co, Illinois-based fund reported 10,625 shares. Aberdeen Asset Mngmt Public Ltd Com Uk reported 0.16% stake. National Bank & Trust Of America De accumulated 76,219 shares. Deutsche Comml Bank Ag holds 0.01% of its portfolio in Pegasystems Inc. (NASDAQ:PEGA) for 139,880 shares. Ing Groep Nv, a Netherlands-based fund reported 25,914 shares. Shell Asset accumulated 27,090 shares. Archford Cap Strategies Ltd Limited Liability Company holds 0% or 103 shares. Suntrust Banks reported 0% of its portfolio in Pegasystems Inc. (NASDAQ:PEGA). Prelude Mgmt Ltd has 0% invested in Pegasystems Inc. (NASDAQ:PEGA).

Since May 1, 2017, it had 0 buys, and 14 selling transactions for $4.53 million activity. Another trade for 1,469 shares valued at $66,678 was made by KRA DOUGLAS I on Monday, May 1. $187,925 worth of stock was sold by KOUNINIS EFSTATHIOS A on Friday, May 12. JONES RICHARD H also sold $1.09M worth of Pegasystems Inc. (NASDAQ:PEGA) shares. Trefler Leon also sold $257,230 worth of Pegasystems Inc. (NASDAQ:PEGA) shares. Shares for $69,923 were sold by OHALLORAN JAMES P on Monday, June 12. $91,517 worth of Pegasystems Inc. (NASDAQ:PEGA) was sold by PYLE MICHAEL R on Tuesday, June 6.

Investors wait Pegasystems Inc. (NASDAQ:PEGA) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.05 earnings per share, down $0.02 or 28.57 % from last year’s $0.07 same quarter earnings. This translates into $3.89M profit for PEGA giving the stock a 300.50 P/E. This is assuming the current $0.05 EPS is accurate. Pegasystems Inc.’s Wall Street analysts see 25.00 % EPS growth, taking into account the $0.04 EPS reproted in the previous quarter, The stock decreased 0.33% or $0.2 during the last trading session, reaching $60.1. About 70,578 shares traded. Pegasystems Inc. (NASDAQ:PEGA) has risen 126.00% since October 13, 2016 and is uptrending. It has outperformed by 109.30% the S&P500.

Pegasystems Inc. (NASDAQ:PEGA) Ratings Coverage

Among 5 analysts covering Pegasystems (NASDAQ:PEGA), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Pegasystems had 14 analyst reports since September 11, 2015 according to SRatingsIntel. As per Thursday, August 10, the company rating was maintained by Mitsubishi UFJ. Wedbush maintained it with “Outperform” rating and $40 target in Wednesday, December 21 report. Sidoti downgraded the shares of PEGA in report on Monday, November 14 to “Neutral” rating. Benchmark maintained the stock with “Hold” rating in Friday, February 26 report. The firm has “Outperform” rating given on Thursday, January 26 by Wedbush. The rating was upgraded by Benchmark to “Buy” on Tuesday, March 7. Wedbush maintained the shares of PEGA in report on Thursday, November 3 with “Outperform” rating. The company was maintained on Tuesday, June 6 by Wedbush. The stock has “Hold” rating by Benchmark on Wednesday, October 28. The firm has “Outperform” rating given on Friday, February 24 by Wedbush.

Pegasystems Inc. develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The company has market cap of $4.67 billion. The Firm also offers software applications built on the Pega platform. It has a 93.4 P/E ratio. The Company’s software is designed to assist clients in building, deploying and evolving enterprise applications.

More important recent Pegasystems Inc. (NASDAQ:PEGA) news were published by: Globenewswire.com which released: “Pegasystems Appoints Frank Guerrera as Chief Technical Systems Officer” on September 20, 2017, also Globenewswire.com published article titled: “Pegasystems Appoints Steven Gross Vice President of North America Sales”, Globenewswire.com published: “Pegasystems named 2017 Best Tech Work Culture in Third Annual Timmy Awards” on September 25, 2017. More interesting news about Pegasystems Inc. (NASDAQ:PEGA) was released by: Nasdaq.com and their article: “Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for September 29, 2017” with publication date: September 28, 2017.

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