PagerDuty (NYSE:PD – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.330-1.370 for the period, compared to the consensus EPS estimate of 1.170. The company issued revenue guidance of $491.5 million-$496.5 million, compared to the consensus revenue estimate of $493.2 million. PagerDuty also updated its Q3 2027 guidance to 0.340-0.360 EPS.
Analyst Upgrades and Downgrades
Several equities analysts have commented on PD shares. Weiss Ratings upgraded shares of PagerDuty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 21st. Truist Financial upped their price target on shares of PagerDuty from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. TD Cowen reaffirmed a “buy” rating on shares of PagerDuty in a report on Wednesday. Canaccord Genuity Group lifted their target price on shares of PagerDuty from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada increased their price objective on shares of PagerDuty from $9.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $12.28.
Read Our Latest Stock Report on PagerDuty
PagerDuty Trading Up 3.8%
PagerDuty (NYSE:PD – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. PagerDuty had a return on equity of 18.20% and a net margin of 38.60%.The business had revenue of $124.44 million during the quarter, compared to analyst estimates of $123.27 million. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. As a group, sell-side analysts expect that PagerDuty will post 0.58 EPS for the current year.
PagerDuty declared that its board has approved a share repurchase plan on Thursday, May 28th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 16.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of PD. Invesco Ltd. increased its holdings in shares of PagerDuty by 24.3% during the 4th quarter. Invesco Ltd. now owns 133,179 shares of the company’s stock valued at $1,746,000 after purchasing an additional 26,000 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of PagerDuty during the fourth quarter valued at approximately $191,000. XTX Topco Ltd boosted its stake in PagerDuty by 713.4% during the 4th quarter. XTX Topco Ltd now owns 223,095 shares of the company’s stock worth $2,925,000 after purchasing an additional 195,667 shares during the last quarter. Zacks Investment Management grew its holdings in PagerDuty by 44.4% in the 4th quarter. Zacks Investment Management now owns 110,618 shares of the company’s stock valued at $1,450,000 after buying an additional 33,991 shares in the last quarter. Finally, VARCOV Co. acquired a new position in PagerDuty in the 4th quarter valued at about $1,357,000. Institutional investors and hedge funds own 97.26% of the company’s stock.
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.
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