Pegasystems Inc (NASDAQ: PEGA) has reported a loss for its first fiscal quarter (ending March 31) of $-0.14 versus a loss $-0.25 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.92 compared to $-4.47 a year ago.
Recent Price Action
Pegasystems Inc (NASDAQ: PEGA) stock closed at $58.88 on 4/24/24 after a slight decline of -0.7%. Moreover, trading volume in this decline was above average at 128% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PEGA is expected to continue to be a major Value Builder.
Pegasystems has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Pegasystems has a slightly negative Appreciation Score of 33 but a very high Power Rating of 90, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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