PagerDuty (NYSE:PD) Given Average Rating of “Hold” by Brokerages

PagerDuty (NYSE:PD) has been assigned an average rating of “Hold” from the fourteen analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $17.1818.

A number of brokerages recently issued reports on PD. Royal Bank Of Canada decreased their target price on PagerDuty from $18.00 to $17.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Bank of America began coverage on PagerDuty in a report on Tuesday, December 2nd. They issued an “underperform” rating and a $12.00 price objective for the company. Morgan Stanley cut their target price on shares of PagerDuty from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. TD Cowen decreased their price target on shares of PagerDuty from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Robert W. Baird dropped their price objective on shares of PagerDuty from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th.

Institutional Trading of PagerDuty

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of PagerDuty by 17.1% in the third quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after purchasing an additional 1,840,407 shares during the period. ARK Investment Management LLC grew its position in PagerDuty by 2.6% in the 3rd quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock valued at $145,829,000 after buying an additional 224,769 shares during the last quarter. Ameriprise Financial Inc. increased its stake in PagerDuty by 333.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock valued at $23,961,000 after buying an additional 1,115,577 shares during the period. Millennium Management LLC increased its stake in PagerDuty by 55.4% in the 1st quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock valued at $18,363,000 after buying an additional 358,347 shares during the period. Finally, Readystate Asset Management LP purchased a new position in PagerDuty during the 3rd quarter worth $15,946,000. 97.26% of the stock is owned by hedge funds and other institutional investors.

PagerDuty Trading Up 2.8%

NYSE PD opened at $13.54 on Thursday. The firm’s fifty day moving average price is $14.15 and its 200 day moving average price is $15.19. PagerDuty has a 12 month low of $11.13 and a 12 month high of $20.00. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 8.46, a price-to-earnings-growth ratio of 4.21 and a beta of 0.69.

PagerDuty (NYSE:PD) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.09. The firm had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. PagerDuty’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 earnings per share. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. On average, sell-side analysts expect that PagerDuty will post -0.27 earnings per share for the current fiscal year.

PagerDuty Company Profile

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.