PagerDuty (NYSE:PD) Releases FY 2027 Earnings Guidance

PagerDuty (NYSE:PD) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.270-1.320 for the period, compared to the consensus earnings per share estimate of 1.080. The company issued revenue guidance of $488.5 million-$496.5 million, compared to the consensus revenue estimate of $493.4 million.

PagerDuty Trading Up 4.4%

Shares of PagerDuty stock opened at $10.08 on Thursday. PagerDuty has a twelve month low of $5.70 and a twelve month high of $18.00. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 1.83. The business has a 50-day moving average price of $7.98 and a 200-day moving average price of $8.65. The firm has a market cap of $777.14 million, a price-to-earnings ratio of 4.94, a PEG ratio of 2.48 and a beta of 0.94.

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

PagerDuty announced that its Board of Directors has authorized a stock buyback plan on Thursday, May 28th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 16.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Truist Financial dropped their price target on shares of PagerDuty from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 13th. TD Cowen reduced their price target on PagerDuty from $20.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Wall Street Zen lowered shares of PagerDuty from a “buy” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings restated a “sell (d)” rating on shares of PagerDuty in a report on Friday, May 22nd. Finally, William Blair reaffirmed a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.25.

Institutional Trading of PagerDuty

Hedge funds have recently bought and sold shares of the stock. Invesco Ltd. boosted its position in PagerDuty by 24.3% during the fourth quarter. Invesco Ltd. now owns 133,179 shares of the company’s stock valued at $1,746,000 after purchasing an additional 26,000 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of PagerDuty during the 4th quarter worth approximately $191,000. XTX Topco Ltd lifted its position in PagerDuty by 713.4% during the fourth quarter. XTX Topco Ltd now owns 223,095 shares of the company’s stock valued at $2,925,000 after acquiring an additional 195,667 shares during the last quarter. Zacks Investment Management grew its holdings in PagerDuty by 44.4% in the fourth quarter. Zacks Investment Management now owns 110,618 shares of the company’s stock worth $1,450,000 after purchasing an additional 33,991 shares during the last quarter. Finally, VARCOV Co. purchased a new position in PagerDuty in the fourth quarter worth $1,357,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

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.