By Mill Chart
Last update: Apr 9, 2024
In this article we will dive into PEGASYSTEMS INC (NASDAQ:PEGA) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PEGASYSTEMS INC showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NASDAQ:PEGA, the assigned 8 reflects its growth potential:
ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:PEGA has earned a 5 out of 10:
Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:PEGA has achieved a 6:
Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NASDAQ:PEGA currently has a 8 as setup rating:
PEGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for PEGA in the last couple of days, which is a good sign.
More Strong Growth stocks can be found in our Strong Growth screener.
Check the latest full fundamental report of PEGA for a complete fundamental analysis.
Check the latest full technical report of PEGA for a complete technical analysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
PEGASYSTEMS INC
NASDAQ:PEGA (4/26/2024, 7:09:27 PM)
After market: 61.8 0 (0%)61.8
+2.72 (+4.6%)
Don't overlook NASDAQ:PEGA—a stock with solid growth prospects and a reasonable valuation.
PEGA stock results show that Pegasystems beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
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