Analysts Set PagerDuty (NYSE:PD) PT at $12.40

PagerDuty (NYSE:PD) has received a consensus rating of “Hold” from the thirteen analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $12.40.

PD has been the topic of several research analyst reports. Canaccord Genuity Group lowered their target price on shares of PagerDuty from $19.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Wall Street Zen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a research note on Tuesday. Truist Financial lowered their price target on PagerDuty from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Zacks Research cut PagerDuty from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Royal Bank Of Canada lowered their price objective on shares of PagerDuty from $9.00 to $8.00 and set a “sector perform” rating on the stock in a research note on Friday, March 13th.

Hedge Funds Weigh In On PagerDuty

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of PagerDuty by 252.0% in the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after acquiring an additional 1,149 shares in the last quarter. KBC Group NV grew its holdings in shares of PagerDuty by 89.5% during the fourth quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after buying an additional 2,079 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of PagerDuty during the third quarter valued at $59,000. State of Alaska Department of Revenue purchased a new position in shares of PagerDuty during the third quarter valued at $67,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of PagerDuty during the fourth quarter valued at $68,000. 97.26% of the stock is currently owned by institutional investors and hedge funds.

PagerDuty Stock Up 3.4%

PD opened at $6.62 on Friday. PagerDuty has a 12 month low of $5.91 and a 12 month high of $18.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market cap of $562.14 million, a P/E ratio of 3.60, a P/E/G ratio of 2.84 and a beta of 0.78. The stock’s 50 day moving average price is $7.42 and its 200 day moving average price is $11.78.

PagerDuty (NYSE:PD) last posted its earnings results on Thursday, March 12th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.24 by $0.05. PagerDuty had a return on equity of 16.29% and a net margin of 35.30%.The firm had revenue of $124.79 million for the quarter, compared to analysts’ expectations of $122.96 million. During the same period last year, the firm earned $0.22 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. As a group, research analysts predict that PagerDuty will post -0.27 earnings per share for the current year.

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.