PagerDuty (NYSE:PD) Receives Average Rating of “Hold” from Brokerages

PagerDuty (NYSE:PD) has been assigned an average recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $16.6364.

Several equities analysts have weighed in on the company. Morgan Stanley reduced their price objective on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a report on Wednesday, November 26th. Canaccord Genuity Group restated a “buy” rating and issued a $19.00 target price on shares of PagerDuty in a research note on Wednesday, November 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Zacks Research raised PagerDuty from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Finally, Cowen restated a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th.

Insider Activity

In related news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the sale, the director directly owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. This represents a 10.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 8.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PD. EverSource Wealth Advisors LLC raised its holdings in PagerDuty by 252.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in shares of PagerDuty during the 3rd quarter valued at $59,000. State of Alaska Department of Revenue purchased a new stake in PagerDuty during the 3rd quarter worth about $67,000. State of Tennessee Department of Treasury bought a new position in PagerDuty in the 2nd quarter worth about $160,000. Finally, One68 Global Capital LLC bought a new position in PagerDuty in the 3rd quarter worth about $165,000. 97.26% of the stock is currently owned by hedge funds and other institutional investors.

PagerDuty Stock Performance

NYSE PD opened at $11.25 on Monday. The company has a market capitalization of $1.03 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 3.00 and a beta of 0.63. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. PagerDuty has a 52-week low of $11.13 and a 52-week high of $20.00. The company has a 50-day simple moving average of $13.19 and a 200 day simple moving average of $14.96.

PagerDuty (NYSE:PD) last released its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $124.92 million. During the same period in the previous year, the company earned $0.26 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. On average, research analysts predict that PagerDuty will post -0.27 EPS for the current year.

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. 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.