PagerDuty (NYSE:PD) Given Average Recommendation of “Hold” by Analysts

PagerDuty (NYSE:PD) has earned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $18.70.

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of PagerDuty in a research report on Wednesday, October 8th. TD Cowen raised shares of PagerDuty from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Monday, July 28th. Cowen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Canaccord Genuity Group cut their price objective on shares of PagerDuty from $21.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, September 4th. Finally, Royal Bank Of Canada cut their price objective on shares of PagerDuty from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, September 4th.

PagerDuty Stock Down 1.4%

PagerDuty stock opened at $15.52 on Friday. PagerDuty has a twelve month low of $13.69 and a twelve month high of $21.98. The firm has a 50 day moving average price of $16.19 and a 200-day moving average price of $15.72. The company has a market capitalization of $1.45 billion, a P/E ratio of -96.97, a P/E/G ratio of 11.44 and a beta of 0.82. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 2.18.

PagerDuty (NYSE:PD) last released its earnings results on Wednesday, September 3rd. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). PagerDuty had a negative net margin of 2.87% and a positive return on equity of 2.81%. The company had revenue of $123.41 million for the quarter, compared to the consensus estimate of $123.52 million. During the same period in the prior year, the company earned $0.21 earnings per share. The firm’s revenue was up 6.4% on a year-over-year basis. PagerDuty has set its Q3 2026 guidance at 0.240-0.25 EPS. FY 2026 guidance at 1.000-1.04 EPS. As a group, equities analysts predict that PagerDuty will post -0.27 EPS for the current year.

Institutional Trading of PagerDuty

Several institutional investors and hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in PagerDuty by 1.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock worth $943,000 after purchasing an additional 671 shares in the last quarter. California State Teachers Retirement System raised its position in shares of PagerDuty by 1.4% during the 2nd quarter. California State Teachers Retirement System now owns 81,474 shares of the company’s stock valued at $1,245,000 after buying an additional 1,129 shares in the last quarter. Headlands Technologies LLC raised its position in shares of PagerDuty by 2,235.6% during the 1st quarter. Headlands Technologies LLC now owns 1,378 shares of the company’s stock valued at $25,000 after buying an additional 1,319 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of PagerDuty during the 1st quarter valued at $33,000. Finally, KBC Group NV purchased a new stake in shares of PagerDuty during the 1st quarter valued at $33,000. 97.26% of the stock is currently owned by hedge funds and other institutional investors.

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.