PagerDuty (PD) Set to Announce Quarterly Earnings on Tuesday

PagerDuty (NYSE:PD) will issue its quarterly earnings data after the market closes on Tuesday, September 3rd. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

PagerDuty (NYSE:PD) last released its quarterly earnings results on Thursday, May 30th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). PagerDuty had a negative return on equity of 28.38% and a negative net margin of 21.34%. The business had revenue of $111.17 million during the quarter, compared to analysts’ expectations of $111.74 million. On average, analysts expect PagerDuty to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PagerDuty Stock Performance

Shares of NYSE PD opened at $20.14 on Tuesday. The company has a debt-to-equity ratio of 2.58, a current ratio of 2.59 and a quick ratio of 2.59. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of -19.94 and a beta of 1.07. The stock’s fifty day moving average price is $20.58 and its two-hundred day moving average price is $21.32. PagerDuty has a one year low of $17.92 and a one year high of $26.70.

Analyst Upgrades and Downgrades

A number of research firms have commented on PD. Canaccord Genuity Group lowered their price objective on PagerDuty from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Craig Hallum upgraded PagerDuty from a “hold” rating to a “buy” rating and raised their price target for the stock from $21.00 to $30.00 in a research report on Wednesday, June 12th. JPMorgan Chase & Co. began coverage on shares of PagerDuty in a research report on Thursday, June 27th. They set a “neutral” rating and a $24.00 price objective for the company. Scotiabank started coverage on shares of PagerDuty in a research note on Friday, June 28th. They set a “sector perform” rating and a $23.00 price objective on the stock. Finally, The Goldman Sachs Group began coverage on shares of PagerDuty in a research report on Thursday, July 18th. They issued a “neutral” rating and a $24.00 target price for the company. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, PagerDuty currently has a consensus rating of “Hold” and a consensus price target of $26.64.

Insider Transactions at PagerDuty

In other PagerDuty news, CEO Jennifer Tejada sold 31,250 shares of the stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $21.07, for a total transaction of $658,437.50. Following the completion of the sale, the chief executive officer now directly owns 1,023,579 shares in the company, valued at approximately $21,566,809.53. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, insider Shelley Webb sold 5,732 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $21.98, for a total transaction of $125,989.36. Following the transaction, the insider now directly owns 235,657 shares of the company’s stock, valued at approximately $5,179,740.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jennifer Tejada sold 31,250 shares of the business’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $21.07, for a total transaction of $658,437.50. Following the sale, the chief executive officer now owns 1,023,579 shares of the company’s stock, valued at approximately $21,566,809.53. The disclosure for this sale can be found here. Insiders sold a total of 91,494 shares of company stock worth $1,940,293 over the last three months. 7.60% of the stock is owned by company insiders.

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.