Analysts Set PagerDuty (NYSE:PD) PT at $12.40

PagerDuty (NYSE:PD) has received an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $12.40.

Several equities research analysts have recently weighed in on PD shares. Truist Financial dropped their target price on shares of PagerDuty from $12.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, March 13th. TD Cowen lowered their price objective on shares of PagerDuty from $20.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Canaccord Genuity Group lowered their price objective on shares of PagerDuty from $19.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Wall Street Zen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a research report on Tuesday, April 7th. Finally, William Blair reaffirmed a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of PagerDuty by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company’s stock valued at $171,307,000 after buying an additional 472,975 shares during the last quarter. ARK Investment Management LLC grew its position in shares of PagerDuty by 2.6% during 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. Geode Capital Management LLC grew its position in shares of PagerDuty by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company’s stock valued at $27,708,000 after buying an additional 58,881 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of PagerDuty by 333.2% during 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 last quarter. Finally, Loomis Sayles & Co. L P grew its position in shares of PagerDuty by 0.3% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,092,963 shares of the company’s stock valued at $14,329,000 after buying an additional 3,276 shares during the last quarter. Institutional investors own 97.26% of the company’s stock.

PagerDuty Price Performance

PD opened at $7.37 on Wednesday. The company has a 50-day moving average of $6.71 and a 200-day moving average of $10.54. The company has a market capitalization of $626.47 million, a P/E ratio of 4.01, a PEG ratio of 3.26 and a beta of 0.78. PagerDuty has a 1-year low of $5.70 and a 1-year high of $18.00. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.01 and a current ratio of 2.01.

PagerDuty (NYSE:PD) last released its earnings results on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.05. The company had revenue of $124.79 million during the quarter, compared to the consensus estimate of $122.96 million. PagerDuty had a net margin of 35.30% and a return on equity of 16.29%. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 EPS. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. Equities analysts expect that PagerDuty will post 0.34 EPS 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.