PagerDuty (NYSE:PD) Hits New 52-Week Low – What’s Next?

PagerDuty (NYSE:PD) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $6.67 and last traded at $6.9880, with a volume of 125179 shares trading hands. The stock had previously closed at $6.69.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Morgan Stanley set a $9.00 price objective on PagerDuty in a research report on Thursday. Canaccord Genuity Group reissued a “buy” rating and set a $19.00 price target on shares of PagerDuty in a research note on Wednesday, November 26th. Weiss Ratings restated a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Wall Street Zen raised PagerDuty from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of PagerDuty in a report on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, PagerDuty currently has a consensus rating of “Hold” and a consensus target price of $16.00.

PagerDuty Trading Down 1.7%

The company’s 50 day moving average price is $10.80 and its two-hundred day moving average price is $13.83. The firm has a market cap of $603.45 million, a PE ratio of 4.11, a P/E/G ratio of 1.64 and a beta of 0.66. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23.

PagerDuty (NYSE:PD) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 EPS for the quarter, topping 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 firm had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. During the same period in the previous year, the company earned $0.26 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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, sell-side analysts forecast that PagerDuty will post -0.27 EPS for the current year.

Insider Transactions at PagerDuty

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction 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 transaction, the director owned 2,389,665 shares of the company’s stock, valued at $31,902,027.75. This represents a 10.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 8.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of PagerDuty by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company’s stock valued at $171,307,000 after purchasing an additional 472,975 shares in the last quarter. ARK Investment Management LLC increased its holdings in PagerDuty by 2.6% during the third quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock valued at $145,829,000 after buying an additional 224,769 shares during the period. Geode Capital Management LLC increased its holdings in PagerDuty by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company’s stock valued at $27,708,000 after buying an additional 58,881 shares during the period. Ameriprise Financial Inc. raised its stake in PagerDuty by 333.2% in the third quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after buying an additional 1,115,577 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its holdings in PagerDuty by 0.3% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,092,963 shares of the company’s stock worth $14,329,000 after buying an additional 3,276 shares during the period. 97.26% of the stock is currently 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.