PagerDuty (NYSE:PD) Lowered to “Buy” Rating by Wall Street Zen

PagerDuty (NYSE:PD) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

PD has been the topic of several other research reports. Craig Hallum downgraded shares of PagerDuty from a “buy” rating to a “hold” rating and cut their price objective for the company from $20.00 to $15.00 in a report on Wednesday. Weiss Ratings reissued a “sell (e+)” rating on shares of PagerDuty in a research report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of PagerDuty in a report on Wednesday. Morgan Stanley lowered their price objective on shares of PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Royal Bank Of Canada cut their target price on PagerDuty from $18.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $17.73.

PagerDuty Stock Up 2.9%

PagerDuty stock opened at $11.98 on Friday. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.39 and a quick ratio of 2.39. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 8.46 and a beta of 0.83. PagerDuty has a 1-year low of $11.13 and a 1-year high of $21.86. The business has a fifty day moving average price of $15.56 and a 200-day moving average price of $15.65.

PagerDuty (NYSE:PD) last announced its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.09. PagerDuty had a return on equity of 13.11% and a net margin of 31.12%.The company had revenue of $124.55 million for the quarter, compared to analyst estimates of $124.92 million. During the same period in the prior year, the company posted $0.26 EPS. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS. Q4 2026 guidance at 0.240-0.250 EPS. Equities research analysts forecast that PagerDuty will post -0.27 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PD. Allianz Asset Management GmbH purchased a new stake in PagerDuty in the first quarter valued at $274,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of PagerDuty in the 1st quarter valued at about $246,000. Cetera Investment Advisers boosted its stake in shares of PagerDuty by 22.5% in the first quarter. Cetera Investment Advisers now owns 15,946 shares of the company’s stock worth $291,000 after buying an additional 2,928 shares during the last quarter. Mackenzie Financial Corp grew its holdings in PagerDuty by 20.6% during the first quarter. Mackenzie Financial Corp now owns 134,350 shares of the company’s stock worth $2,455,000 after acquiring an additional 22,994 shares during the period. Finally, Federated Hermes Inc. purchased a new position in PagerDuty during the first quarter valued at approximately $314,000. 97.26% of the stock is currently owned by institutional investors and hedge funds.

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.