PagerDuty (NYSE:PD) Hits New 1-Year Low – Should You Sell?

Shares of PagerDuty (NYSE:PD) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $6.67 and last traded at $6.9880, with a volume of 125179 shares changing hands. The stock had previously closed at $6.69.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Craig Hallum downgraded PagerDuty from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $20.00 to $15.00 in a research report on Wednesday, November 26th. Bank of America started coverage on PagerDuty in a research note on Tuesday, December 2nd. They issued an “underperform” rating and a $12.00 target price for the company. Truist Financial reduced their price target on PagerDuty from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Canaccord Genuity Group reissued a “buy” rating and issued a $19.00 price objective on shares of PagerDuty in a report on Wednesday, November 26th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of PagerDuty in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $16.00.

PagerDuty Stock Up 3.5%

The stock has a market capitalization of $635.58 million, a price-to-earnings ratio of 4.33, a P/E/G ratio of 1.74 and a beta of 0.66. The business has a 50-day moving average of $10.93 and a 200-day moving average of $13.90. 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:PD) last announced its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.09. The company had revenue of $124.55 million during the quarter, compared to analyst estimates of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. PagerDuty’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 earnings per share. 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, sell-side analysts expect that PagerDuty will post -0.27 EPS for the current year.

Insider Transactions at PagerDuty

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

Institutional Trading of PagerDuty

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in PagerDuty by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company’s stock valued at $171,307,000 after purchasing an additional 472,975 shares during the period. ARK Investment Management LLC raised its position in PagerDuty by 2.6% in the 3rd quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock valued at $145,829,000 after purchasing an additional 224,769 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of PagerDuty by 2.9% in 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 period. Ameriprise Financial Inc. lifted its stake in PagerDuty by 333.2% in the third quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after acquiring an additional 1,115,577 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted 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 worth $14,329,000 after purchasing an additional 3,276 shares during the last quarter. Hedge funds and other institutional investors own 97.26% of the company’s stock.

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.