PagerDuty (NYSE:PD) Trading Up 8% – Should You Buy?

PagerDuty (NYSE:PD) shares were up 8% on Friday . The company traded as high as $6.61 and last traded at $6.65. Approximately 717,163 shares were traded during trading, a decline of 77% from the average daily volume of 3,090,216 shares. The stock had previously closed at $6.16.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on PD shares. William Blair reaffirmed a “market perform” rating on shares of PagerDuty in a research note on Friday, March 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Zacks Research downgraded PagerDuty from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Royal Bank Of Canada cut their price target on PagerDuty from $9.00 to $8.00 and set a “sector perform” rating for the company in a research note on Friday, March 13th. Finally, Morgan Stanley set a $9.00 price target on PagerDuty in a research note on Thursday, February 19th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PagerDuty has an average rating of “Hold” and an average target price of $12.40.

PagerDuty Price Performance

The stock has a 50 day moving average price of $6.72 and a two-hundred day moving average price of $10.84. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market capitalization of $604.63 million, a PE ratio of 3.87, a P/E/G ratio of 2.74 and a beta of 0.78.

PagerDuty (NYSE:PD) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.05. PagerDuty had a return on equity of 16.29% and a net margin of 35.30%.The business had revenue of $124.79 million for the quarter, compared to the consensus estimate of $122.96 million. During the same period last year, the business 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. Equities analysts forecast that PagerDuty will post 0.34 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised 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 valued at $27,000 after acquiring an additional 1,149 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of PagerDuty in the 3rd quarter valued at approximately $59,000. State of Alaska Department of Revenue bought a new position in shares of PagerDuty in the 3rd quarter valued at approximately $67,000. KBC Group NV raised its stake in shares of PagerDuty by 89.5% in the 4th quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after acquiring an additional 2,079 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of PagerDuty in the 4th quarter valued at approximately $68,000. 97.26% of the stock is owned by institutional investors.

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.