PagerDuty (NYSE:PD) Releases FY 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.270-1.320 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of equities research analysts recently commented on PD shares. William Blair restated a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th. Canaccord Genuity Group upped their target price 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. Royal Bank Of Canada boosted their price target on PagerDuty from $8.00 to $9.00 and gave the stock a “sector perform” rating in a research note on Friday, May 29th. Weiss Ratings reissued a “sell (d)” rating on shares of PagerDuty in a report on Friday, May 22nd. Finally, Truist Financial cut their price target on PagerDuty from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.25.

PagerDuty Stock Up 3.1%

PD opened at $9.37 on Tuesday. The firm has a market cap of $722.61 million, a P/E ratio of 4.59, a PEG ratio of 2.33 and a beta of 0.94. The business’s fifty day simple moving average is $7.85 and its 200 day simple moving average is $8.69. PagerDuty has a 52 week low of $5.70 and a 52 week 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.

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

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

Institutional Investors Weigh In On PagerDuty

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Man Group plc acquired a new stake in PagerDuty in the 4th quarter worth about $229,000. Sei Investments Co. acquired a new stake in shares of PagerDuty in the third quarter worth approximately $218,000. Mercer Global Advisors Inc. ADV purchased a new stake in PagerDuty in the third quarter valued at approximately $210,000. AXA S.A. acquired a new position in PagerDuty during the second quarter worth approximately $205,000. Finally, EP Wealth Advisors LLC acquired a new position in PagerDuty during the fourth quarter worth approximately $191,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

About PagerDuty

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.