PagerDuty (NYSE:PD) Receives $12.94 Average PT from Analysts

by · The Markets Daily

PagerDuty (NYSE:PD – Get Free Report) has earned a consensus rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $12.5625.

Several research firms have weighed in on PD. Weiss Ratings upgraded PagerDuty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 21st. Truist Financial upped their price target on PagerDuty from $11.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Wall Street Zen lowered PagerDuty from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada upped their target price on PagerDuty from $9.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, August 14th. Finally, Canaccord Genuity Group increased their price target on PagerDuty from $10.00 to $15.00 and gave the company a “buy” rating in a report on Friday, August 28th.

Read Our Latest Report on PD

PagerDuty Price Performance

NYSE PD opened at $13.66 on Tuesday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $1.07 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 2.11 and a beta of 0.96. PagerDuty has a 12-month low of $5.70 and a 12-month high of $17.29. The company has a 50 day moving average price of $11.29 and a two-hundred day moving average price of $8.73.

PagerDuty (NYSE:PD – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $124.44 million for the quarter, compared to analyst estimates of $123.27 million. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. PagerDuty’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 EPS. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. As a group, equities analysts predict that PagerDuty will post 0.69 earnings per share for the current fiscal year.

PagerDuty announced that its Board of Directors has authorized a share buyback program on Thursday, May 28th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 16.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. WealthCollab LLC bought a new stake in PagerDuty during the first quarter valued at about $25,000. PNC Financial Services Group Inc. increased its stake in shares of PagerDuty by 1,219.9% in the first quarter. PNC Financial Services Group Inc. now owns 4,976 shares of the company’s stock worth $31,000 after purchasing an additional 4,599 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of PagerDuty by 419.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,136 shares of the company’s stock worth $32,000 after purchasing an additional 4,147 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of PagerDuty during the 4th quarter worth about $68,000. Finally, Optiver Holding B.V. boosted its stake in PagerDuty by 5,699.0% during the 1st quarter. Optiver Holding B.V. now owns 6,031 shares of the company’s stock valued at $37,000 after purchasing an additional 5,927 shares during the period. Institutional investors own 97.26% of the company’s stock.

About PagerDuty

(Get Free Report)

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.

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