PagerDuty (PD) – Investment Analysts’ Weekly Ratings Changes

PagerDuty (NYSE: PD) recently received a number of ratings updates from brokerages and research firms:

• 3/14/2025 – PagerDuty had its price target lowered by analysts at Royal Bank of Canada from $24.00 to $22.00. They now have an “outperform” rating on the stock.
• 3/14/2025 – PagerDuty had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $21.00 to $18.00. They now have a “neutral” rating on the stock.
• 3/14/2025 – PagerDuty had its price target lowered by analysts at Canaccord Genuity Group Inc. from $24.00 to $23.00. They now have a “buy” rating on the stock.
• 3/14/2025 – PagerDuty had its price target lowered by analysts at Truist Financial Co. from $30.00 to $26.00. They now have a “buy” rating on the stock.
• 1/30/2025 – PagerDuty was downgraded by analysts at Bank of America Co. from a “buy” rating to an “underperform” rating. They now have a $18.00 price target on the stock, down previously from $23.00.

PagerDuty Stock Performance

Shares of NYSE PD traded up $0.50 during midday trading on Monday, hitting $19.39. The company’s stock had a trading volume of 1,120,007 shares, compared to its average volume of 1,029,886. The firm has a market cap of $1.77 billion, a P/E ratio of -24.24 and a beta of 1.12. The firm’s fifty day moving average price is $18.34 and its 200-day moving average price is $18.66. PagerDuty, Inc. has a 1-year low of $15.49 and a 1-year high of $23.40. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97.

PagerDuty (NYSE:PD) last posted its earnings results on Thursday, March 13th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The company had revenue of $121.45 million for the quarter, compared to analysts’ expectations of $119.53 million. PagerDuty had a negative return on equity of 22.02% and a negative net margin of 16.29%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $0.17 earnings per share. On average, sell-side analysts forecast that PagerDuty, Inc. will post -0.27 EPS for the current fiscal year.

Insider Buying and Selling at PagerDuty

In other news, insider Shelley Webb sold 7,879 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $18.19, for a total transaction of $143,319.01. Following the sale, the insider now directly owns 199,122 shares of the company’s stock, valued at $3,622,029.18. The trade was a 3.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jennifer Tejada sold 1,569 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $20.00, for a total value of $31,380.00. Following the completion of the transaction, the chief executive officer now owns 868,311 shares in the company, valued at $17,366,220. This represents a 0.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,048 shares of company stock valued at $186,699 in the last quarter. Corporate insiders own 7.60% of the company’s stock.

Institutional Trading of PagerDuty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of PagerDuty by 285.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,263,841 shares of the company’s stock valued at $23,444,000 after purchasing an additional 936,257 shares during the period. Marshall Wace LLP raised its stake in shares of PagerDuty by 989.0% in the fourth quarter. Marshall Wace LLP now owns 721,953 shares of the company’s stock worth $13,183,000 after acquiring an additional 655,655 shares during the last quarter. Two Sigma Investments LP lifted its holdings in PagerDuty by 1,222.8% during the 4th quarter. Two Sigma Investments LP now owns 431,252 shares of the company’s stock worth $7,875,000 after buying an additional 398,650 shares in the last quarter. Two Sigma Advisers LP bought a new position in PagerDuty in the fourth quarter valued at about $6,734,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of PagerDuty during the 4th quarter worth approximately $6,574,000. Institutional investors and hedge funds own 97.26% of the company’s stock.

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.