|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||50.25 - 52.05|
|52-week range||37.10 - 64.85|
|PE ratio (TTM)||94.55|
|Earnings date||21 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||0.12 (0.24%)|
|1y target est||61.20|
CAMBRIDGE, Mass., Dec. 26, 2017 (GLOBE NEWSWIRE) -- Pegasystems Inc. (NASDAQ:PEGA), the software company empowering customer engagement at the world’s leading enterprises, today announced it received the highest scores in the business-to-business and complex processes use cases in Gartner’s December 2017 Critical Capabilities for the CRM Customer Engagement Center (1).
This stock’s valuation has not adjusted to reflect new competitive pressures or the rapidly deteriorating fundamentals.
Pegasystems (PEGA) has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions as well.
The company failed to secure a few large deals in the third quarter while the shift away from perpetual license deals reduced sales and profits.
A faster-than-expected shift toward recurring revenue caused the CRM software company to miss expectations this quarter. But that's not a bad thing.
The Cambridge, Massachusetts-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 5 cents per share. The business software company posted revenue ...
Eye-popping returns happen all the time in the stock market, and they aren't limited to the most exciting or revolutionary businesses, either.