PagerDuty (NYSE:PD) Stock Has Consensus Target Price of $12.81 According to Brokerages

Key Points

• Analyst sentiment is mixed: PagerDuty has a consensus “Hold” rating from 10 analysts—three Buy, five Hold and two Sell—with an average 12-month price target of $12.81.
• The company narrowly beat quarterly estimates, reporting adjusted EPS of $0.32 versus $0.31 expected and revenue of $124.44 million versus $123.27 million; revenue rose 0.8% year over year.
• Shares recently traded at $15.94, above the consensus price target. CEO Jennifer Tejada sold 5,945 shares under a pre-arranged trading plan and retained about 1.43 million shares.

PagerDuty (NYSE:PD - Get Free Report) has earned an average rating of "Hold" from the ten research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $12.81.

Several research firms have recently issued reports on PD. Weiss Ratings upgraded PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 18th. TD Cowen reaffirmed a "buy" rating on shares of PagerDuty in a research note on Wednesday, August 26th. Wall Street Zen downgraded PagerDuty from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Canaccord Genuity Group increased their target price on PagerDuty from $10.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, August 28th. Finally, Morgan Stanley raised their target price on PagerDuty from $9.00 to $10.00 and gave the stock an "underweight" rating in a report on Friday, August 28th.

Insider Activity at PagerDuty

In other news, insider Jennifer Tejada sold 5,945 shares of the company's stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $18.00, for a total value of $107,010.00. Following the completion of the sale, the insider directly owned 1,431,596 shares of the company's stock, valued at $25,768,728. This represents a 0.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 178,445 shares of company stock valued at $2,830,480. Corporate insiders own 6.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. WealthCollab LLC acquired a new stake in PagerDuty in the first quarter worth $25,000. IFP Advisors Inc grew its holdings in shares of PagerDuty by 68.8% in the 2nd quarter. IFP Advisors Inc now owns 2,862 shares of the company's stock valued at $28,000 after buying an additional 1,166 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of PagerDuty by 1,219.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,976 shares of the company's stock valued at $31,000 after buying an additional 4,599 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of PagerDuty by 419.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,136 shares of the company's stock valued at $32,000 after buying an additional 4,147 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in shares of PagerDuty by 629.8% in the 3rd quarter. Global Retirement Partners LLC now owns 2,255 shares of the company's stock valued at $34,000 after buying an additional 1,946 shares during the period. Institutional investors and hedge funds own 97.26% of the company's stock.

PagerDuty Trading Up 1.4%

Shares of PD traded up $0.21 on Friday, reaching $15.94. 971,337 shares of the company's stock were exchanged, compared to its average volume of 1,359,026. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $1.25 billion, a P/E ratio of 7.97, a price-to-earnings-growth ratio of 2.43 and a beta of 0.96. The business has a 50 day moving average price of $15.69 and a two-hundred day moving average price of $10.42. PagerDuty has a 12 month low of $5.70 and a 12 month high of $18.06.

PagerDuty (NYSE:PD - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. The business had revenue of $124.44 million for the quarter, compared to analyst estimates of $123.27 million. During the same period in the prior year, the business posted $0.30 earnings per share. PagerDuty's revenue was up .8% compared to the same quarter last year. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. Research analysts anticipate that PagerDuty will post 0.69 earnings per share for the current year.

PagerDuty Company Profile

PagerDuty, Inc. provides cloud-based software for managing digital operations. Its PagerDuty Operations Cloud platform helps organizations detect and respond to technology incidents, coordinate response teams, automate operational workflows and reduce disruptions to digital services. The company's products support incident management, AIOps, automation and customer service operations. They are used by IT, engineering, security and support teams to monitor systems, prioritize alerts and coordinate work across people and technology.

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