PagerDuty (NYSE:PD) Receives Consensus Recommendation of “Hold” from Analysts

Shares of PagerDuty (NYSE:PD) have been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $16.6364.

PD has been the subject of several research analyst reports. Zacks Research cut PagerDuty from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Bank of America began coverage on PagerDuty in a research note on Tuesday, December 2nd. They issued an “underperform” rating and a $12.00 price target for the company. Morgan Stanley cut their price target on shares of PagerDuty from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Wall Street Zen upgraded shares of PagerDuty from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of PagerDuty in a research report on Wednesday.

Insider Buying and Selling at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total value of $3,560,004.45. Following the completion of the transaction, the director owned 2,389,665 shares of the company’s stock, valued at approximately $31,902,027.75. This represents a 10.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in shares of PagerDuty by 252.0% during the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in PagerDuty during the 3rd quarter valued at about $59,000. State of Alaska Department of Revenue purchased a new position in PagerDuty in the third quarter worth about $67,000. KBC Group NV raised its holdings in PagerDuty by 89.5% in the fourth quarter. KBC Group NV now owns 4,402 shares of the company’s stock worth $58,000 after buying an additional 2,079 shares during the last quarter. Finally, New York State Teachers Retirement System purchased a new stake in shares of PagerDuty during the fourth quarter valued at approximately $102,000. Institutional investors own 97.26% of the company’s stock.

PagerDuty Price Performance

PD opened at $6.81 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. PagerDuty has a 1 year low of $6.67 and a 1 year high of $19.75. The stock’s 50 day simple moving average is $11.53 and its 200 day simple moving average is $14.23. The firm has a market cap of $625.02 million, a price-to-earnings ratio of 4.26, a PEG ratio of 1.78 and a beta of 0.66.

PagerDuty (NYSE:PD) last issued its earnings results on Tuesday, November 25th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.24 by $0.09. The company had revenue of $124.55 million for the quarter, compared to the consensus estimate of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $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. As a group, 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.