Shares of PagerDuty (NYSE:PD – Get Free Report) have earned an average rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $12.56.
A number of analysts recently issued reports on PD shares. Wall Street Zen downgraded PagerDuty from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Truist Financial boosted their price objective on shares of PagerDuty from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Royal Bank Of Canada increased their target price on shares of PagerDuty from $9.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, August 14th. Weiss Ratings upgraded shares of PagerDuty from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 18th. Finally, Canaccord Genuity Group lifted their price target on shares of PagerDuty from $10.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, August 28th.
Check Out Our Latest Stock Analysis on PagerDuty
PagerDuty Trading Up 1.2%
PagerDuty (NYSE:PD – Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The business had revenue of $124.44 million during the quarter, compared to analyst estimates of $123.27 million. PagerDuty had a return on equity of 18.52% and a net margin of 37.50%.The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS. 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, research analysts expect that PagerDuty will post 0.69 EPS for the current year.
Insider Transactions at PagerDuty
In other PagerDuty news, insider Jennifer Tejada sold 8,000 shares of the firm’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $15.00, for a total value of $120,000.00. Following the completion of the sale, the insider owned 1,670,251 shares of the company’s stock, valued at $25,053,765. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.00% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of PD. Dimensional Fund Advisors LP bought a new position in shares of PagerDuty in the first quarter worth about $6,074,000. Bank of New York Mellon Corp bought a new stake in PagerDuty during the 2nd quarter valued at about $7,629,000. Deutsche Bank AG purchased a new stake in PagerDuty in the 2nd quarter valued at about $5,642,000. GC Wealth Management RIA LLC purchased a new stake in PagerDuty in the 1st quarter valued at about $2,552,000. Finally, Ieq Capital LLC purchased a new stake in PagerDuty in the 2nd quarter valued at about $3,918,000. Institutional investors own 97.26% of the company’s stock.
About PagerDuty
PagerDuty, Inc provides a digital operations management platform designed to help organizations detect, respond to and resolve critical issues across their technology and business operations. Its platform brings together data from applications, infrastructure, cloud environments and other systems to help teams manage incidents and maintain the reliability of digital services.
The company’s offerings include incident management, AIOps, workflow automation and customer service operations capabilities.
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