PagerDuty (NYSE:PD) Sets New 52-Week Low – Should You Sell?

PagerDuty (NYSE:PDGet Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $7.27 and last traded at $7.2650, with a volume of 556798 shares changing hands. The stock had previously closed at $7.82.

Analyst Ratings Changes

Several equities analysts recently commented on PD shares. TD Cowen reiterated a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th. Zacks Research lowered shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Canaccord Genuity Group restated a “buy” rating and set a $19.00 price target on shares of PagerDuty in a research note on Wednesday, November 26th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of PagerDuty in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $16.64.

View Our Latest Stock Analysis on PD

PagerDuty Stock Down 9.5%

The firm has a market cap of $649.34 million, a price-to-earnings ratio of 4.43, a PEG ratio of 1.96 and a beta of 0.66. The business’s 50-day moving average is $11.73 and its 200-day moving average is $14.33. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37.

PagerDuty (NYSE:PDGet Free Report) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.09. The firm had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. PagerDuty had a return on equity of 10.27% and a net margin of 31.12%.The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $0.26 EPS. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. On average, equities analysts predict that PagerDuty will post -0.27 EPS for the current year.

Insider Activity

In related news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the transaction, the director owned 2,389,665 shares in the company, valued at $31,902,027.75. This represents a 10.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 8.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its holdings in PagerDuty by 252.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after buying an additional 1,149 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in PagerDuty in the third quarter valued at about $59,000. State of Alaska Department of Revenue bought a new position in PagerDuty during the third quarter worth about $67,000. KBC Group NV grew its position in shares of PagerDuty by 89.5% during the 4th quarter. KBC Group NV now owns 4,402 shares of the company’s stock worth $58,000 after buying an additional 2,079 shares during the period. Finally, New York State Teachers Retirement System bought a new stake in shares of PagerDuty in the 4th quarter valued at about $102,000. 97.26% of the stock is owned by institutional investors.

PagerDuty Company Profile

(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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