PagerDuty (NYSE:PD) Issues FY 2027 Earnings Guidance

PagerDuty (NYSE:PD) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.330-1.370 for the period, compared to the consensus estimate of 1.170. The company issued revenue guidance of $491.5 million-$496.5 million, compared to the consensus revenue estimate of $493.2 million. PagerDuty also updated its Q3 2027 guidance to 0.340-0.360 EPS.

PagerDuty Trading Up 3.8%

NYSE:PD traded up $0.47 during midday trading on Thursday, reaching $12.66. 1,738,955 shares of the stock traded hands, compared to its average volume of 2,459,818. The company has a fifty day moving average of $10.49 and a 200 day moving average of $8.37. PagerDuty has a 12 month low of $5.70 and a 12 month high of $17.29. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.95 and a current ratio of 1.95. The stock has a market capitalization of $976.30 million, a P/E ratio of 6.21, a PEG ratio of 3.14 and a beta of 0.93.

PagerDuty (NYSE:PD) last released its quarterly earnings results on Thursday, May 28th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. The company had revenue of $120.97 million during the quarter, compared to the consensus estimate of $119.52 million. PagerDuty had a net margin of 38.60% and a return on equity of 18.20%. PagerDuty’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 earnings per share. On average, research analysts predict that PagerDuty will post 0.58 EPS for the current year.

PagerDuty declared that its board has authorized a stock buyback plan on Thursday, May 28th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 16.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Royal Bank Of Canada increased their target price on PagerDuty from $9.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, August 14th. Wall Street Zen lowered shares of PagerDuty from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. UBS Group set a $13.50 price target on PagerDuty in a research report on Wednesday. Truist Financial upped their target price on PagerDuty from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Finally, Canaccord Genuity Group lifted their price objective on shares of PagerDuty from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $12.28.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PD. Kestra Advisory Services LLC acquired a new stake in shares of PagerDuty in the 4th quarter worth $68,000. Los Angeles Capital Management LLC acquired a new stake in PagerDuty during the 4th quarter valued at $114,000. One68 Global Capital LLC acquired a new stake in shares of PagerDuty during the 3rd quarter worth about $165,000. Inceptionr LLC acquired a new position in PagerDuty in the fourth quarter valued at $132,000. Finally, State of Tennessee Department of Treasury acquired a new stake in shares of PagerDuty in the second quarter worth approximately $160,000. 97.26% of the stock is owned by institutional investors and hedge funds.

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.