PEGA - Pegasystems Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
70.54
+0.47 (+0.67%)
As of 10:56AM EDT. Market open.
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Previous Close70.07
Open70.99
Bid70.55 x 1800
Ask70.71 x 1100
Day's Range70.24 - 71.12
52 Week Range43.21 - 79.67
Volume31,240
Avg. Volume317,807
Market Cap5.582B
Beta (3Y Monthly)1.16
PE Ratio (TTM)N/A
EPS (TTM)-0.66
Earnings DateNov 5, 2019 - Nov 11, 2019
Forward Dividend & Yield0.12 (0.17%)
Ex-Dividend Date2019-06-28
1y Target Est85.25
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents

    Edited Transcript of PEGA earnings conference call or presentation 7-Aug-19 9:00pm GMT

    Q2 2019 Pegasystems Inc Earnings Call

  • Business Wire

    Accenture Launches Liquid Studios for Pega Catalyst to Help Clients Accelerate Innovation

    Accenture (ACN), in collaboration with Pegasystems Inc. (PEGA), has launched Accenture Liquid Studios for Pega Catalyst to help clients accelerate the development of innovative solutions which can reduce risk and cost. Located within select Accenture Innovation Hubs in North America, Europe and Asia Pacific, with plans to expand to Latin America, the studios help clients envision the art of the possible with Pega technology. The Accenture Liquid Studios for Pega Catalyst bring together consultants from both organizations to work side-by-side with clients, collaborating to reimagine the customer experience.

  • Pega Named a Visionary in Gartner's Magic Quadrant for Enterprise Low-Code Application Platforms
    PR Newswire

    Pega Named a Visionary in Gartner's Magic Quadrant for Enterprise Low-Code Application Platforms

    CAMBRIDGE, Mass. , Aug. 12, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been ...

  • Pegasystems' Sales Stabilize in the Second Quarter
    Motley Fool

    Pegasystems' Sales Stabilize in the Second Quarter

    The enterprise software specialist reported steady growth but rising net losses.

  • ORCL or PEGA: Which Is the Better Value Stock Right Now?
    Zacks

    ORCL or PEGA: Which Is the Better Value Stock Right Now?

    ORCL vs. PEGA: Which Stock Is the Better Value Option?

  • Pegasystems Inc (PEGA) Q2 2019 Earnings Call Transcript
    Motley Fool

    Pegasystems Inc (PEGA) Q2 2019 Earnings Call Transcript

    PEGA earnings call for the period ending June 30, 2019.

  • Pegasystems (PEGA) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    Pegasystems (PEGA) Reports Q2 Loss, Tops Revenue Estimates

    Pegasystems (PEGA) delivered earnings and revenue surprises of -114.29% and 1.53%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Pega Cloud ACV Grows 65% in the First Half of 2019
    PR Newswire

    Pega Cloud ACV Grows 65% in the First Half of 2019

    - Total ACV of $613 million , powered by Pega Cloud Choice™ - Pega Cloud RPO ("backlog") up 69% to $362 million - Pega Cloud and Client Cloud RPO ("backlog") up 45% to $600 million ...

  • Pega to Present at Upcoming Investor Conferences
    PR Newswire

    Pega to Present at Upcoming Investor Conferences

    CAMBRIDGE, Mass. , Aug. 5, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced that its chief ...

  • TipRanks

    RBC Capital: 5 Robot Stocks To Buy Now For 2025

    A wave of automation is coming over the next few years- so it pays to be prepared. That’s according to a new report from RBC Capital which imagines what the world will look like in 2025. Specifically, the report takes a deep dive into RPA, or robotic process automation. As the name suggests, RPA refers to the automation or augmentation of manual repetitive tasks to improve user productivity.“We believe the Robotic Process Automation (RPA) market is one of the most exciting areas of software given its disruptive nature, high value proposition, evolving capabilities, and the size of the addressable market” cheers the firm. Indeed, IDC (International Data Corp) describes the market as <$1B in size in 2018 growing to >$3.5B in 2022 (i.e. a CAGR of ~50%). Looking out to the futureRPA solutions are currently best suited to repetitive, stable tasks carried out with high frequency. Common use cases include invoice processing, records management, customer support, and data management. However, this is just the beginning. The promise of future RPA software is not only to automate business processes but to improve them. RPA combined with AI will be able to address sophisticated processes. For example, RBC Capital writes “Vendors are working toward cognitive, AI-infused bots, which they believe can one day reformulate current process rules into more accurate and consistent algorithms.” As the technology matures, RBC believes RPA use will rapidly expand with vastly improved time to value, lower risk and minimal IT support.While key RPA players are not US-listed (i.e. UiPath, Automation Anywhere and Blue Prism (LON:PRSM)), there are still a handful of US names primed to gain from this lucrative opportunity. Here we take a closer look at RBC Capital’s highlighted stocks. What’s more, as you will see below, all five of these stocks score a ‘Strong Buy’ Street consensus based on all ratings from the last three months: 1\. Verint Systems (VRNT)New York-based analytics company Verint Systems sells software and hardware products for customer engagement, security, and business intelligence. VRNT introduced its own RPA solution in 2016. The company uses patented visual recognition technologies in a LCNC (low-code/ no-code) development environment, which doesn't require integration or programming to work with other applications. Plus Verint also offers a web-based dashboard to manage and monitor bots. “Verint’s RPA capabilities are a component of its Actionable Intelligence platform, where management believes that increasing the pace of automation and cloud innovation can further differentiate Verint as the vendor of choice in its market” says RBC Capital. Overall Verint has a 100% Street support right now. Five analysts have recently published buy ratings on the stock, with an average price target of $73 (25% upside potential). In particular, JP Morgan's Paul Coster recently adding the name to his firm's Analyst Focus List as a top value idea. He hiked his price target to $78 from $74 and described VRNT as "significantly undervalued" relative to peers. That's despite shares soaring 37% year-to-date. 2\. ServiceNow (NOW)ServiceNow claims to make the world of work, work better for people. It helps companies digitize workflows to unlock productivity.NOW is among cloud providers including Salesforce (CRM) and Amazon (AMZN) that are creating new automation solutions with networked platforms for virtual business processes. “ServiceNow’ s UI and Table API can be accessed by RPA tools through its connectors and can be used in conjunction with RPA tools to build a unified platform for enterprise workflows” points out RBC Capital.Meanwhile shares are up 62% year-to-date. Five-star RBC Capital analyst Matthew Hedberg calls NOW one of his Top Pick stocks. Following a strong Q2 earnings report, the analyst wrote “ServiceNow remains a favorite idea given best-in-class unit economics, above-average growth, a lack of competition, expanding use cases, and FCF leverage.”In total, 19 out of 21 polled analysts are bullish on NOW stock. The average analyst price target of $316 suggests 9% upside potential for the coming months. 3\. Salesforce (CRM)Cloud-based software giant Salesforce calls itself the number 1 customer relationship platform. The company currently uses RPA technology partnerships to supplement its own processes rather than as part of its product offerings. However, CRM has outlined its commitment to automation rich solutions within the Einstein platform which will be similar to RPA. These solutions are designed to augment and support the company’s AI-powered CRM offerings. “Salesforce sees the strategic deployment of Einstein as a fundamental re-evaluation of a business, with RPA and AI as fundamental building blocks of a larger digital automation architecture” explains RBC Capital. The stock has an overwhelmingly bullish outlook from the Street right now. Out of 24 analysts covering the stock, only one is staying on the sidelines. With an average analyst price target of $184, analysts (on average) are predicting 15% upside potential from current levels. Year-to-date the stock has gained 17%. "Based on healthy demand fundamentals and a compelling risk-reward, we would be aggressive buyers of CRM with 14% upside to our $180 base-case PT and 36% upside to our bull-case of $215" enthused KeyBanc analyst Brent Bracelin after meeting Salesforce customers and partners. 4\. Microsoft (MSFT)Microsoft scores its place on the RBC list thanks to its recent investment in Flow. This is a trigger-based automated workflow tool that integrates with MSFT’s Power Platform and puts the company firmly on the Cloud automation map.“Flow and the Power platform position the company to provide enterprise functionality comparable to RPA, with Power BI providing an analytics layer and PowerApps as the LCNC developer platform” says RBC Capital. With connectors to every Microsoft application with a SaaS interface, as well as other platforms like Gmail and DropBox, Flow is designed to help users work more efficiently across apps. Looking ahead, RBC also believes that Flow may open the door for Microsoft to delve more deeply into the process automation market.Over the last three months, 22 analysts have published buy ratings on MSFT stock. That’s versus just 1 hold rating and 1 sell rating. We can also see that the average price target of $154 translates into upside potential of 9%. RBC’s Hedberg significantly boosted his MSFT price target on July 24 from $136 to $153. He made the call following Microsoft's stellar earnings report. “Larger investments to win larger stakes” cheered Hedberg, referring to the company’s longer duration, larger contracts for its Azure cloud platform. 5\. Pegasystems (PEGA)Last but not least comes Pegasystems, a leading provider of BPM (business process management) and CRM applications. It has a heavy skew towards B2C verticals like financial services, insurance, telecoms, healthcare, and the public sector. Most notably Pega systems’ acquisition of original RPA vendor OpenSpan in early 2016 formally added RPA to its CSR-focused automation solutions. “Pega sees its value in customized process design, where automation robotics provide a first level of efficiency and are just one tool among many for building an end-to-end customer engagement suite” writes RBC Capital.The company is already a technology partner to most leading RPA C&SI consultancies and IT service providers, including Deloitte, KPMG, Accenture, and Cognizant. And it strives to be among the top 2 vendors in additional digital transformation categories like digital process automation, real-time decisions/AI, and customer engagement.Only three analysts cover PEGA right now, but all three rate the stock a ‘buy.’ Their average price target works out at $84 (7% upside potential). That’s with shares exploding 65% year-to-date. Discover the latest-ratings from top-performing analysts here

  • Pega Named a Visionary in Gartner's Magic Quadrant for Robotic Process Automation Software
    PR Newswire

    Pega Named a Visionary in Gartner's Magic Quadrant for Robotic Process Automation Software

    CAMBRIDGE, Mass. , July 18, 2019 /PRNewswire/ --   Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been ...

  • Motley Fool

    Checking Up on 5 Stocks That Were Riding the Bull Market, 2 Years Later

    Back in June 2017, Wall Street was riding high.

  • Pegasystems to Announce Financial Results for the Second Quarter of 2019 via Conference Call and Webcast
    PR Newswire

    Pegasystems to Announce Financial Results for the Second Quarter of 2019 via Conference Call and Webcast

    CAMBRIDGE, Mass. , July 15, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced that it will ...

  • VRNT or PEGA: Which Is the Better Value Stock Right Now?
    Zacks

    VRNT or PEGA: Which Is the Better Value Stock Right Now?

    VRNT vs. PEGA: Which Stock Is the Better Value Option?

  • Pegasystems Named a Visionary in Gartner's Magic Quadrant for Sales Force Automation
    PR Newswire

    Pegasystems Named a Visionary in Gartner's Magic Quadrant for Sales Force Automation

    CAMBRIDGE, Mass. , July 9, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been ...

  • If You Had Bought Pegasystems (NASDAQ:PEGA) Shares Five Years Ago You'd Have Made 239%
    Simply Wall St.

    If You Had Bought Pegasystems (NASDAQ:PEGA) Shares Five Years Ago You'd Have Made 239%

    When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...

  • Pega Receives Multiple Awards for Outstanding Patient Engagement Solutions
    PR Newswire

    Pega Receives Multiple Awards for Outstanding Patient Engagement Solutions

    CAMBRIDGE, Mass. , July 2, 2019 /PRNewswire/ -- Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it received ...

  • Pega Names Carlos Fuentes Chief Information Security Officer
    PR Newswire

    Pega Names Carlos Fuentes Chief Information Security Officer

    CAMBRIDGE, Mass., June 26, 2019 /PRNewswire/ -- Pegasystems Inc. (PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced the appointment of Carlos Fuentes as chief information security officer (CISO). In this newly created role, Mr. Fuentes will be responsible for comprehensive information security standards and policies, based out of the company's Cambridge, Mass. headquarters. Mr. Fuentes will oversee Pega's existing information security strategy and implementation, including risk management plans relating to information security, physical security, business continuity planning, crisis management, privacy, and compliance.

  • Hedge Funds Have Never Been This Bullish On Pegasystems Inc. (PEGA)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Pegasystems Inc. (PEGA)

    The market has been volatile in the last 6 months as the Federal Reserve continued its rate hikes and then abruptly reversed its stance and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF […]

  • Pega Ranked a Leader in Digital Process Automation for Deep Deployments by Top Analyst Firm
    PR Newswire

    Pega Ranked a Leader in Digital Process Automation for Deep Deployments by Top Analyst Firm

    CAMBRIDGE, Mass. , June 19, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been ...

  • Claudia Rodriguez joins Pega as Inclusion and Diversity Leader
    PR Newswire

    Claudia Rodriguez joins Pega as Inclusion and Diversity Leader

    CAMBRIDGE, Mass., June 19, 2019 /PRNewswire/ -- Pegasystems Inc. (PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced the appointment of Claudia Rodriguez as inclusion and diversity (I&D) leader, based out of the company's Cambridge, Mass. headquarters. In this newly created role, Ms. Rodriguez will drive company-wide strategy to further develop and support an inclusive and diverse workforce. At Pega, Ms. Rodriguez's role will include implementing strategies that enable an inclusive culture, where differences are embraced and used to better serve the needs of the global Pega community.

  • NUAN or PEGA: Which Is the Better Value Stock Right Now?
    Zacks

    NUAN or PEGA: Which Is the Better Value Stock Right Now?

    NUAN vs. PEGA: Which Stock Is the Better Value Option?

  • Pega Announces Quarterly Cash Dividend
    PR Newswire

    Pega Announces Quarterly Cash Dividend

    CAMBRIDGE, Mass., June 17, 2019 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced a quarterly ...

  • Pegasystems Named a Leader in Gartner's Magic Quadrant for the CRM Customer Engagement Center for 10th Consecutive Year
    PR Newswire

    Pegasystems Named a Leader in Gartner's Magic Quadrant for the CRM Customer Engagement Center for 10th Consecutive Year

    CAMBRIDGE, Mass. , June 14, 2019 /PRNewswire/ --   Pegasystems Inc.  (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been ...

  • Markit

    See what the IHS Markit Score report has to say about Pegasystems Inc.

    Pegasystems Inc NASDAQ/NGS:PEGAView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PEGA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PEGA had net inflows of $1.11 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.