With 0.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. The 52-week range on PEGA shows that it touched its highest point at $113.67 and its lowest point at $55.71 during that stretch. It currently has a 1-year price target of $106.60. With its current market cap of 7.96 billion, PEGA has annualized dividend of $0.12 while the current yield stands at 0.13%. Beta for the stock currently stands at 1.12.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PEGA was up-trending over the past week, with a rise of 1.04%, but this was up by 47.24% over a month. Three-month performance dropped to -14.24% while six-month performance rose 14.37%. The stock gained 56.24% in the past year, while it has lost -0.17% so far this year. A look at the trailing 12-month EPS for PEGA yields 2.06 with Next year EPS estimates of 3.60. For the next quarter, that number is 0.32. This implies an EPS growth rate of 12.31% for this year and 5.88% for next year.
Float and Shares Shorts:
At present, 85.56 million PEGA shares are outstanding with a float of 43.57 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PEGA since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.9179 being high and $2.80118 being low. For PEGA, this leads to a yearly average estimate of $2.84009.