PagerDuty (NYSE:PD - Get Free Report)'s stock had its "sell (e+)" rating restated by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.
PD has been the subject of several other research reports. Canaccord Genuity Group decreased their price target on shares of PagerDuty from $21.00 to $19.00 and set a "buy" rating for the company in a research note on Thursday, September 4th. Zacks Research raised shares of PagerDuty to a "hold" rating in a research note on Friday, August 8th. Royal Bank Of Canada dropped their price objective on shares of PagerDuty from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Thursday, September 4th. Wall Street Zen raised shares of PagerDuty from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 31st. Finally, TD Cowen raised shares of PagerDuty from a "hold" rating to a "buy" rating and set a $22.00 price target on the stock in a report on Monday, July 28th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $18.70.
Get Our Latest Research Report on PagerDuty
PagerDuty Trading Up 0.7%
PD opened at $16.45 on Wednesday. PagerDuty has a 12 month low of $13.69 and a 12 month high of $21.98. The stock has a 50-day moving average of $16.16 and a 200 day moving average of $15.87. The firm has a market cap of $1.53 billion, a P/E ratio of -102.81, a P/E/G ratio of 12.68 and a beta of 0.82. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 2.18.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas purchased a new position in PagerDuty in the 1st quarter worth approximately $229,000. Russell Investments Group Ltd. increased its holdings in shares of PagerDuty by 7,117.3% during the 1st quarter. Russell Investments Group Ltd. now owns 33,705 shares of the company's stock worth $616,000 after buying an additional 33,238 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in PagerDuty by 18.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 158,541 shares of the company's stock valued at $2,897,000 after purchasing an additional 24,777 shares during the last quarter. KBC Group NV acquired a new stake in PagerDuty in the 1st quarter valued at approximately $33,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in PagerDuty in the 1st quarter valued at approximately $362,000. 97.26% of the stock is owned by hedge funds and other institutional investors.
About PagerDuty
(
Get Free Report)
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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