PagerDuty (NYSE:PD) Hits New 12-Month Low – Here’s What Happened

PagerDuty (NYSE:PD)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.93 and last traded at $11.0950, with a volume of 146258 shares. The stock had previously closed at $11.22.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on PD shares. Bank of America started coverage on PagerDuty in a research report on Tuesday, December 2nd. They set an “underperform” rating and a $12.00 price target on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Truist Financial reduced their price target on shares of PagerDuty from $20.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Zacks Research raised shares of PagerDuty from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Craig Hallum lowered shares of PagerDuty from a “buy” rating to a “hold” rating and cut their price objective for the company from $20.00 to $15.00 in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.64.

PagerDuty Stock Up 4.2%

The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. The firm has a market capitalization of $1.03 billion, a P/E ratio of 7.01, a PEG ratio of 2.88 and a beta of 0.63. The business’s fifty day moving average price is $12.80 and its two-hundred day moving average price is $14.84.

PagerDuty (NYSE:PD) last announced its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.09. The company had revenue of $124.55 million during the quarter, compared to the consensus estimate of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. PagerDuty’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm 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. Equities analysts expect that PagerDuty will post -0.27 earnings per share for the current fiscal year.

Insider Buying and Selling at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the transaction, the director owned 2,389,665 shares in the company, valued at $31,902,027.75. This represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. grew its holdings in shares of PagerDuty by 15.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 30,655 shares of the company’s stock valued at $402,000 after buying an additional 4,146 shares during the last quarter. Green Alpha Advisors LLC raised its stake in PagerDuty by 49.7% in the 4th quarter. Green Alpha Advisors LLC now owns 36,672 shares of the company’s stock worth $481,000 after acquiring an additional 12,168 shares during the last quarter. JPMorgan Chase & Co. lifted its position in PagerDuty by 5.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 196,010 shares of the company’s stock worth $3,238,000 after acquiring an additional 10,888 shares during the period. Danske Bank A S purchased a new stake in PagerDuty during the 3rd quarter valued at about $13,271,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of PagerDuty in the third quarter worth about $13,710,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

About PagerDuty

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.