PagerDuty (NYSE:PD) Releases Earnings Results, Misses Expectations By $0.11 EPS

Key Points

• PagerDuty reported an EPS of $0.11 for the quarter, missing expectations by $0.11, indicating ongoing financial challenges for the company.
• The company's stock traded down to $15.60, with analysts currently holding a consensus rating of "Hold" and a price target of $19.75.
• Several institutional investors recently increased their positions in PagerDuty, with Millennium Management LLC boosting its stake by over 55% during Q1.

PagerDuty (NYSE:PD - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.11), Zacks reports. PagerDuty had a negative return on equity of 8.73% and a negative net margin of 7.75%. PagerDuty updated its Q3 2026 guidance to 0.240-0.25 EPS and its FY 2026 guidance to 1.000-1.04 EPS.

PagerDuty Price Performance

Shares of NYSE:PD traded down $0.52 during midday trading on Wednesday, reaching $15.60. 5,997,880 shares of the company were exchanged, compared to its average volume of 1,513,925. PagerDuty has a one year low of $13.69 and a one year high of $21.98. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 2.70. The business's fifty day moving average is $15.69 and its two-hundred day moving average is $16.14. The stock has a market cap of $1.42 billion, a PE ratio of -39.00, a price-to-earnings-growth ratio of 10.04 and a beta of 0.88.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of PagerDuty from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Zacks Research raised shares of PagerDuty to a "hold" rating in a research note on Friday, August 8th. TD Securities reduced their price objective on shares of PagerDuty from $19.00 to $18.00 and set a "hold" rating for the company in a research note on Wednesday, May 21st. Royal Bank Of Canada reduced their price objective on shares of PagerDuty from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, May 30th. Finally, Canaccord Genuity Group reduced their price objective on shares of PagerDuty from $23.00 to $21.00 and set a "buy" rating for the company in a research note on Monday, June 2nd. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $19.75.

Hedge Funds Weigh In On PagerDuty

Several institutional investors have recently bought and sold shares of PD. Millennium Management LLC lifted its position in PagerDuty by 55.4% during the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company's stock valued at $18,363,000 after purchasing an additional 358,347 shares during the last quarter. Ameriprise Financial Inc. lifted its position in PagerDuty by 2,466.3% during the second quarter. Ameriprise Financial Inc. now owns 334,852 shares of the company's stock valued at $5,117,000 after purchasing an additional 321,804 shares during the last quarter. AQR Capital Management LLC lifted its position in PagerDuty by 205.3% during the second quarter. AQR Capital Management LLC now owns 449,148 shares of the company's stock valued at $6,863,000 after purchasing an additional 302,021 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in PagerDuty by 31.7% during the second quarter. Qube Research & Technologies Ltd now owns 773,715 shares of the company's stock valued at $11,822,000 after purchasing an additional 186,152 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in PagerDuty by 807.8% during the second quarter. Federated Hermes Inc. now owns 156,058 shares of the company's stock valued at $2,385,000 after purchasing an additional 138,867 shares during the last quarter. Institutional investors own 97.26% of the company's stock.

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.

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