What to Expect from Pegasystems's Earnings
Portfolio Pulse from Benzinga Insights
Pegasystems is set to release its quarterly earnings report on October 23, 2024. Analysts expect an EPS of $0.34. The company's past performance shows significant stock price increases following earnings beats. Analysts rate Pegasystems as a 'Buy' with a price target of $84.18, indicating an 18.31% upside. Pegasystems shows strong revenue growth and return on equity compared to peers, but has a higher debt-to-equity ratio.
October 22, 2024 | 5:02 pm
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Pegasystems is expected to report an EPS of $0.34. The stock has shown significant price increases following past earnings beats. Analysts rate it as a 'Buy' with a price target of $84.18, suggesting an 18.31% upside. The company shows strong revenue growth and return on equity but has a high debt-to-equity ratio.
The upcoming earnings report is crucial for Pegasystems, with analysts expecting an EPS of $0.34. The stock has historically reacted positively to earnings beats, as seen in previous quarters. The 'Buy' rating and price target suggest potential upside, indicating positive sentiment. However, the high debt-to-equity ratio poses a risk.
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