PagerDuty (NYSE:PD) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: 13 analysts rate PagerDuty a consensus "Hold" (3 sell, 7 hold, 3 buy) with an average 1‑year price target of $12.40.
• Earnings beat and guidance: PagerDuty reported quarterly EPS of $0.29 vs. $0.24 expected and revenue of $124.8M, and issued Q1 2027 EPS guidance of 0.230–0.250 and FY2027 guidance of 1.230–1.280.
• Valuation and ownership: The stock opened at $6.73 (12‑month range $5.70–$18.00), has a market cap of $571.8M and a P/E of 3.66, and is ~97.3% owned by institutional investors and hedge funds.

Shares of PagerDuty (NYSE:PD - Get Free Report) have received a consensus recommendation of "Hold" from the thirteen analysts that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $12.40.

A number of equities analysts recently weighed in on PD shares. Zacks Research downgraded shares of PagerDuty from a "strong-buy" rating to a "hold" rating in a report on Monday, January 26th. Royal Bank Of Canada lowered their target price on shares of PagerDuty from $9.00 to $8.00 and set a "sector perform" rating on the stock in a report on Friday, March 13th. Truist Financial lowered their target price on shares of PagerDuty from $12.00 to $9.00 and set a "buy" rating on the stock in a report on Friday, March 13th. Morgan Stanley set a $9.00 target price on shares of PagerDuty in a report on Thursday, February 19th. Finally, Wall Street Zen upgraded shares of PagerDuty from a "hold" rating to a "buy" rating in a report on Tuesday, April 7th.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors have recently added to or reduced their stakes in PD. Royal Bank of Canada increased its holdings in PagerDuty by 60.8% during the first quarter. Royal Bank of Canada now owns 96,575 shares of the company's stock worth $1,764,000 after buying an additional 36,517 shares during the last quarter. AQR Capital Management LLC increased its holdings in PagerDuty by 110.6% during the first quarter. AQR Capital Management LLC now owns 147,127 shares of the company's stock worth $2,679,000 after buying an additional 77,251 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in PagerDuty by 1.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company's stock worth $943,000 after buying an additional 671 shares during the last quarter. Millennium Management LLC increased its holdings in PagerDuty by 55.4% during the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company's stock worth $18,363,000 after buying an additional 358,347 shares during the last quarter. Finally, Woodline Partners LP acquired a new position in PagerDuty during the first quarter worth $556,000. 97.26% of the stock is currently owned by institutional investors and hedge funds.

PagerDuty Price Performance

NYSE PD opened at $6.73 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.56. PagerDuty has a 12-month low of $5.70 and a 12-month high of $18.00. The company has a market capitalization of $571.75 million, a PE ratio of 3.66, a price-to-earnings-growth ratio of 2.99 and a beta of 0.78. The firm's 50 day moving average is $6.71 and its 200-day moving average is $10.67.

PagerDuty (NYSE:PD - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.05. PagerDuty had a net margin of 35.30% and a return on equity of 16.29%. The company had revenue of $124.79 million for the quarter, compared to the consensus estimate of $122.96 million. During the same period last year, the company earned $0.22 earnings per share. The firm's revenue was up 2.7% compared to the same quarter last year. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. Equities research analysts anticipate that PagerDuty will post 0.34 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.