PagerDuty (NYSE:PD) Receives Average Rating of “Hold” from Brokerages

Shares of PagerDuty (NYSE:PD) have earned a consensus recommendation of “Hold” from the fourteen analysts that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $16.6364.

Several equities analysts recently weighed in on PD shares. Wall Street Zen cut shares of PagerDuty from a “buy” rating to a “hold” rating in a research report on Saturday. Morgan Stanley dropped their target price on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. TD Cowen cut their target price on PagerDuty from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Craig Hallum lowered PagerDuty from a “buy” rating to a “hold” rating and lowered their price target for the company from $20.00 to $15.00 in a research report on Wednesday, November 26th. Finally, Royal Bank Of Canada cut PagerDuty from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $17.00 to $15.00 in a research note on Monday, January 5th.

PagerDuty Price Performance

Shares of PD opened at $11.25 on Monday. PagerDuty has a 12-month low of $11.13 and a 12-month high of $20.00. The business’s fifty day moving average is $13.19 and its 200 day moving average is $14.96. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23. The stock has a market cap of $1.03 billion, a P/E ratio of 7.03, a P/E/G ratio of 3.00 and a beta of 0.63.

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

Insider Buying and Selling at PagerDuty

In related news, Director Dan Alexandru Solomon sold 266,667 shares of the firm’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 directly owned 2,389,665 shares of the company’s stock, valued at $31,902,027.75. This trade 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 this link. 8.00% of the stock is owned by insiders.

Hedge Funds Weigh In On PagerDuty

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in shares of PagerDuty by 252.0% in 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 during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in PagerDuty during the third quarter worth $59,000. State of Alaska Department of Revenue purchased a new position in PagerDuty in the third quarter worth $67,000. State of Tennessee Department of Treasury purchased a new position in PagerDuty in the second quarter worth $160,000. Finally, One68 Global Capital LLC bought a new position in PagerDuty in the 3rd quarter valued at $165,000. 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.