Pegasystems Research Development vs Income Tax Expense Analysis

PEGA Stock  USD 57.46  0.27  0.47%   
Pegasystems financial indicator trend analysis is much more than just breaking down Pegasystems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pegasystems is a good investment. Please check the relationship between Pegasystems Research Development and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pegasystems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Pegasystems Stock refer to our How to Trade Pegasystems Stock guide.

Research Development vs Income Tax Expense

Research Development vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pegasystems Research Development account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pegasystems' Research Development and Income Tax Expense is 0.17. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Pegasystems, assuming nothing else is changed. The correlation between historical values of Pegasystems' Research Development and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Pegasystems are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Research Development i.e., Pegasystems' Research Development and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Research Development

Income Tax Expense

Most indicators from Pegasystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pegasystems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pegasystems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Pegasystems Stock refer to our How to Trade Pegasystems Stock guide.At present, Pegasystems' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 29 M, whereas Enterprise Value is forecasted to decline to about 240.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit875.3M949.2M1.1B1.1B
Total Revenue1.2B1.3B1.4B1.5B

Pegasystems fundamental ratios Correlations

0.890.640.950.460.820.820.10.660.860.950.690.890.920.590.90.820.740.950.790.98-0.230.67-0.150.660.1
0.890.710.860.030.910.98-0.290.430.770.880.620.850.70.340.990.720.70.980.910.85-0.390.44-0.180.42-0.05
0.640.710.720.030.840.62-0.250.150.740.590.430.620.530.460.650.390.620.70.840.65-0.670.34-0.570.31-0.25
0.950.860.720.330.910.78-0.070.590.890.860.560.850.90.630.850.690.850.940.880.96-0.340.7-0.370.68-0.06
0.460.030.030.330.0-0.050.880.640.30.430.440.310.60.590.090.510.110.18-0.080.460.250.610.120.630.34
0.820.910.840.910.00.86-0.350.340.780.790.560.740.690.460.870.580.760.920.990.81-0.540.5-0.520.48-0.28
0.820.980.620.78-0.050.86-0.310.390.630.850.670.740.640.190.980.740.580.940.870.76-0.380.36-0.150.35-0.13
0.1-0.29-0.25-0.070.88-0.35-0.310.48-0.130.140.35-0.080.250.25-0.230.31-0.35-0.18-0.420.070.290.340.210.40.27
0.660.430.150.590.640.340.390.480.430.660.430.50.70.540.470.770.270.530.260.630.040.710.120.750.23
0.860.770.740.890.30.780.63-0.130.430.720.310.930.760.620.760.480.890.840.760.9-0.330.57-0.220.540.18
0.950.880.590.860.430.790.850.140.660.720.810.790.820.510.90.850.570.920.750.88-0.190.62-0.110.620.06
0.690.620.430.560.440.560.670.350.430.310.810.40.630.220.640.740.190.630.540.59-0.210.42-0.250.43-0.27
0.890.850.620.850.310.740.74-0.080.50.930.790.40.740.550.850.60.790.890.720.92-0.20.560.020.540.32
0.920.70.530.90.60.690.640.250.70.760.820.630.740.580.720.80.720.820.660.94-0.20.69-0.230.680.02
0.590.340.460.630.590.460.190.250.540.620.510.220.550.580.330.390.570.460.380.610.160.62-0.130.620.27
0.90.990.650.850.090.870.98-0.230.470.760.90.640.850.720.330.770.680.980.860.86-0.310.45-0.080.430.03
0.820.720.390.690.510.580.740.310.770.480.850.740.60.80.390.770.330.770.520.77-0.090.640.050.650.12
0.740.70.620.850.110.760.58-0.350.270.890.570.190.790.720.570.680.330.770.770.82-0.210.41-0.280.360.03
0.950.980.70.940.180.920.94-0.180.530.840.920.630.890.820.460.980.770.770.90.93-0.330.56-0.20.540.0
0.790.910.840.88-0.080.990.87-0.420.260.760.750.540.720.660.380.860.520.770.90.78-0.580.43-0.540.4-0.34
0.980.850.650.960.460.810.760.070.630.90.880.590.920.940.610.860.770.820.930.78-0.240.67-0.170.650.12
-0.23-0.39-0.67-0.340.25-0.54-0.380.290.04-0.33-0.19-0.21-0.2-0.20.16-0.31-0.09-0.21-0.33-0.58-0.24-0.110.68-0.090.6
0.670.440.340.70.610.50.360.340.710.570.620.420.560.690.620.450.640.410.560.430.67-0.11-0.250.990.04
-0.15-0.18-0.57-0.370.12-0.52-0.150.210.12-0.22-0.11-0.250.02-0.23-0.13-0.080.05-0.28-0.2-0.54-0.170.68-0.25-0.230.8
0.660.420.310.680.630.480.350.40.750.540.620.430.540.680.620.430.650.360.540.40.65-0.090.99-0.230.07
0.1-0.05-0.25-0.060.34-0.28-0.130.270.230.180.06-0.270.320.020.270.030.120.030.0-0.340.120.60.040.80.07
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Pegasystems Account Relationship Matchups

Pegasystems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets984.8M1.6B1.6B1.4B1.5B1.6B
Other Current Liab18.3M21.0M187.3M180.6M172.9M181.6M
Total Current Liabilities342.2M415.1M485.4M538.9M577.1M605.9M
Total Stockholder Equity539.0M542.2M416.1M130.8M353.8M256.1M
Property Plant And Equipment Net34.3M40.4M114.4M131.2M111.5M117.1M
Net Debt(15.8M)346.3M518.6M542.7M351.4M368.9M
Retained Earnings410.9M339.9M276.4M(76.5M)(8.7M)(8.3M)
Accounts Payable17.5M24.0M15.3M18.2M11.3M11.5M
Cash68.4M171.9M160.0M145.1M229.9M241.4M
Non Current Assets Total414.8M602.8M753.3M511.2M481.7M505.8M
Non Currrent Assets Other301.5M182.1M541.6M165.9M149.5M157.0M
Cash And Short Term Investments68.4M465.2M362.8M297.2M423.3M444.5M
Net Receivables501.7M536.3M409.4M468.9M558.6M586.5M
Common Stock Shares Outstanding79.1M80.3M81.4M81.9M84.9M80.2M
Liabilities And Stockholders Equity984.8M1.6B1.6B1.4B1.5B1.6B
Non Current Liabilities Total103.6M647.0M692.0M687.9M579.8M608.8M
Other Current Assets57.3M88.8M68.0M80.4M47.1M25.1M
Other Stockholder Equity140.5M204.4M145.8M229.6M379.6M398.6M
Total Liab445.8M1.1B1.2B1.2B1.2B1.2B
Property Plant And Equipment Gross34.3M40.4M182.7M211.4M194.5M204.3M
Total Current Assets570.0M1.0B840.2M846.5M1.0B1.1B
Accumulated Other Comprehensive Income(13.2M)(2.9M)(7.0M)(23.1M)(17.9M)(17.0M)
Short Term Debt116.4M137.3M7.0M15.0M15M14.3M
Common Stock Total Equity796K809K817K824K947.6K569.4K
Intangible Assets19.7M143.8M14.1M10.9M7.0M6.7M
Common Stock796K809K817K824K838K583.5K
Other Liab15.2M128.7M13.5M15.1M17.4M28.8M
Other Assets317.3M254.9M671.4M274.7M315.9M331.7M
Property Plant Equipment58.3M108.0M114.4M131.2M150.8M158.4M
Current Deferred Revenue190.1M232.9M275.8M325.2M377.8M396.7M
Good Will79.0M79.2M81.9M81.4M81.6M41.8M
Short Term Investments68.4M293.3M202.8M152.2M193.4M111.5M
Inventory(49.7M)(57.3M)(88.8M)1.00.90.95
Net Tangible Assets460.0M462.9M334.2M49.4M56.9M54.0M
Retained Earnings Total Equity410.9M339.9M276.4M(76.5M)(88.0M)(83.6M)
Capital Surpluse140.5M204.4M145.8M229.6M264.0M169.5M
Deferred Long Term Liab85.3M108.6M135.9M130.2M149.7M157.2M
Non Current Liabilities Other67.8M83.8M101.3M94.3M10.2M9.7M

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When determining whether Pegasystems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pegasystems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pegasystems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pegasystems Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pegasystems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade Pegasystems Stock refer to our How to Trade Pegasystems Stock guide.
Note that the Pegasystems information on this page should be used as a complementary analysis to other Pegasystems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Pegasystems' price analysis, check to measure Pegasystems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pegasystems is operating at the current time. Most of Pegasystems' value examination focuses on studying past and present price action to predict the probability of Pegasystems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pegasystems' price. Additionally, you may evaluate how the addition of Pegasystems to your portfolios can decrease your overall portfolio volatility.
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Is Pegasystems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pegasystems. If investors know Pegasystems will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pegasystems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.849
Dividend Share
0.12
Earnings Share
0.84
Revenue Per Share
17.197
Quarterly Revenue Growth
0.014
The market value of Pegasystems is measured differently than its book value, which is the value of Pegasystems that is recorded on the company's balance sheet. Investors also form their own opinion of Pegasystems' value that differs from its market value or its book value, called intrinsic value, which is Pegasystems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pegasystems' market value can be influenced by many factors that don't directly affect Pegasystems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pegasystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pegasystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pegasystems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.