How to Buy Pegasystems Stock
Pegasystems Inc
Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.
Pegasystems stock last closed at $59.30, up 1.96% from the previous day, and has increased 29.03% in one year. It has overperformed other stocks in the Software - Application industry by 0.04 percentage points. Pegasystems stock is currently +57.46% from its 52-week low of $37.66, and -14.38% from its 52-week high of $69.26.
As of Apr 23, 2024, there are 83.91M shares of PEGA outstanding. The market capitalization of PEGA is $4.98B. In the past 24 hours, 321,647 PEGA shares were traded.
How to Buy Pegasystems Stock
Not sure how to invest in Pegasystems stock? Here's how.
- Figure out where to buy Pegasystems stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Pegasystems stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Pegasystems stock: The Pegasystems ticker symbol is PEGA. Is Pegasystems stock a good investment? Should you buy shares of PEGA? How do PEGA's underlying business fundamentals look? Do top analysts think Pegasystems is a good buy? Why has PEGA's stock price moved recently? (Hint: Our stock market research tools can help you decide if PEGA is a good stock to buy).
- Execute your PEGA purchase: Decide if you will purchase PEGA shares at the current market price or use a limit order to purchase PEGA shares at a given price.
- Get updates on your PEGA position: Create a watchlist to get live updates on your position in Pegasystems stock.
Step 1: Figure out where to buy Pegasystems stock
You will need an online brokerage account in order to access the NASDAQ market and buy PEGA shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Energy, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to invest in PEGA stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on apps for stocks, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing money into your new investment account.
Step 4: Research Pegasystems stock
After you have figured out the best place to buy Pegasystems stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Pegasystems Numbers
Fundamentals of Pegasystems
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on PEGA's stock page.
What is the fair value of PEGA stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PEGA's fair value.
Using relative valuations measures:
- PEGA may be undervalued based on its P/E ratio of 72.32x, relative to Software - Application industry P/E ratio of 104.62x
- PEGA may be overvalued based on its P/B ratio of 14.06x, relative to Software - Application industry P/B ratio of 6.55x
- PEGA could be overvalued based on its PEG ratio of 2.34x
You can do additional valuation research on PEGA's stock here.
PEGA Financials at a glance
Positive Health Checks:
- PEGA's operating cash flow of $217.79M allows it to safely service it's debt of $566.27M.
- PEGA profit margin has gone up from -26.2% to 4.7% in the past year.
- There are more short-term assets than long-term liabilities on the PEGA balance sheet.
- There are more short-term assets than short-term liabilities on the PEGA balance sheet.
- PEGA earnings of $102.32M is not sufficient to cover its interest payments.
Negative Health Checks:
- Total PEGA debt is higher than 5 years ago, relative to shareholder equity.
- PEGA has a relatively high debt to equity ratio of 3.27.
Do Wall Street analysts think it's a good time to buy Pegasystems stock
Out of 7 sell side analysts who give recommendations on PEGA, the consensus analyst rating on Pegasystems is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest PEGA Analyst Forecasts
Rishi Jaluria, a bottom 4% analyst from RBC Capital maintains PEGA with a buy rating and raises their PEGA price target from $65.00 to $77.00, on Feb 16, 2024.
Kevin Kumar, a top 31% analyst from Goldman Sachs maintains PEGA with a hold rating and raises their PEGA price target from $50.00 to $70.00, on Feb 16, 2024.
You can dive deeper into what analysts are forecasting on the Pegasystems stock forecast page.
PEGA Technical Indicators
Is PEGA Growing Revenue?
Last year, PEGA earnings were $67.81M. During the past five year, PEGA's earnings have increased by 42.41% per year. This was faster than the Software - Application industry average of 31.04%.
Last year, PEGA revenue was $1.43B. Over the last five year, PEGA's revenue has grown by 9.95% per year. This was slower than the Software - Application industry average of 27.65%.
Dig into PEGA's earnings and revenue performance here.
Are PEGA executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at PEGA have sold more shares than they have bought.
Rifat Kerim Akgonul, Chief Product Officer of PEGA, was the latest PEGA insider to sell. They sold $76,968.00 worth of PEGA shares on Apr 1, 2024.
Learn more about who owns PEGA shares here.
Can I get consistent income from PEGA stock?
Pegasystems pays a dividend of 0.2%, compared to the Software - Application industry's average dividend yield of 2.36%. If you owned $1,000 worth of PEGA stock, you would have received $2.02 in the past year.
Pegasystems dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Pegasystems dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your PEGA purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PEGA position
Now that you own some shares in PEGA, you'll want to keep up with your new shares.
Create a watchlist to monitor your PEGA stock.
PEGA Feed
How to Buy Stock in Pegasystems
To reiterate, here are the 6 steps you need to take to buy Pegasystems stock right now:
- Figure out where to buy Pegasystems stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Pegasystems stock
- Execute your PEGA purchase
- Get updates on your PEGA position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Pegasystems, create a watchlist on WallStreetZen today.
Other Articles You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.