PagerDuty (NYSE:PD) Receives $11.25 Average PT from Analysts

Shares of PagerDuty (NYSE:PD) have received an average rating of “Hold” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $11.25.

PD has been the subject of several research analyst reports. Royal Bank Of Canada lifted their price objective on PagerDuty from $8.00 to $9.00 and gave the stock a “sector perform” rating in a report on Friday, May 29th. TD Cowen cut their price target on PagerDuty from $20.00 to $10.00 and set a “buy” rating for the company in a report on Friday, March 13th. Weiss Ratings reissued a “sell (d)” rating on shares of PagerDuty in a report on Friday, May 22nd. Canaccord Genuity Group boosted their price target on PagerDuty from $9.00 to $10.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, William Blair reissued a “market perform” rating on shares of PagerDuty in a report on Friday, March 13th.

Institutional Trading of PagerDuty

Several hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of PagerDuty by 1.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock valued at $943,000 after acquiring an additional 671 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of PagerDuty by 1.4% in the second quarter. California State Teachers Retirement System now owns 81,474 shares of the company’s stock valued at $1,245,000 after acquiring an additional 1,129 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of PagerDuty by 252.0% in the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of PagerDuty by 11.8% in the fourth quarter. ProShare Advisors LLC now owns 16,324 shares of the company’s stock valued at $214,000 after acquiring an additional 1,720 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of PagerDuty by 89.5% in the fourth quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after acquiring an additional 2,079 shares in the last quarter. Institutional investors own 97.26% of the company’s stock.

PagerDuty Stock Down 2.3%

PagerDuty stock opened at $8.29 on Thursday. The firm has a market cap of $638.94 million, a price-to-earnings ratio of 4.06, a PEG ratio of 2.18 and a beta of 0.94. The stock has a fifty day simple moving average of $7.57 and a two-hundred day simple moving average of $8.82. PagerDuty has a 12 month low of $5.70 and a 12 month high of $18.00. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.83.

PagerDuty (NYSE:PD) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.24 by $0.08. PagerDuty had a return on equity of 18.20% and a net margin of 38.60%.The company had revenue of $120.97 million during the quarter, compared to analyst estimates of $119.52 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. PagerDuty’s revenue was up 1.0% compared to the same quarter last year. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. Equities analysts predict that PagerDuty will post 0.58 EPS for the current fiscal year.

PagerDuty announced that its board has initiated a stock buyback plan on Thursday, May 28th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to buy up to 16.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

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.