Pegasystems (PEGA) Earns Daily Media Sentiment Score of 0.09

News articles about Pegasystems (NASDAQ:PEGA) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pegasystems earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.7237271314762 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of Pegasystems (PEGA) traded down $0.05 during midday trading on Friday, reaching $50.30. The company’s stock had a trading volume of 330,277 shares, compared to its average volume of 259,557. Pegasystems has a 1 year low of $36.55 and a 1 year high of $64.85. The stock has a market capitalization of $3,920.25, a P/E ratio of 91.45 and a beta of 1.25.

Pegasystems (NASDAQ:PEGA) last issued its earnings results on Wednesday, November 8th. The technology company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Pegasystems had a return on equity of 9.86% and a net margin of 5.67%. The firm had revenue of $179.80 million for the quarter, compared to the consensus estimate of $200.15 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. sell-side analysts forecast that Pegasystems will post 0.26 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be paid a $0.03 dividend. The ex-dividend date is Friday, December 29th. This represents a $0.12 dividend on an annualized basis and a yield of 0.24%. Pegasystems’s dividend payout ratio (DPR) is currently 21.82%.

PEGA has been the topic of several recent analyst reports. Zacks Investment Research lowered Pegasystems from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. BidaskClub raised Pegasystems from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 3rd. Finally, TheStreet lowered Pegasystems from a “b-” rating to a “c” rating in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Pegasystems currently has an average rating of “Hold” and a consensus price target of $63.00.

In other Pegasystems news, CFO Kenneth Stillwell sold 3,978 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $57.83, for a total value of $230,047.74. Following the transaction, the chief financial officer now owns 5,094 shares in the company, valued at $294,586.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Michael R. Pyle sold 4,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $47.61, for a total value of $190,440.00. Following the completion of the transaction, the vice president now owns 46,524 shares in the company, valued at approximately $2,215,007.64. The disclosure for this sale can be found here. Insiders sold 16,406 shares of company stock worth $845,950 in the last 90 days. Corporate insiders own 53.61% of the company’s stock.

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Pegasystems Company Profile

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.

Insider Buying and Selling by Quarter for Pegasystems (NASDAQ:PEGA)

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