PagerDuty (NYSE:PD) Stock Has Consensus Target Price of $12.56

Shares of PagerDuty (NYSE:PD) have received a consensus rating of “Hold” from the ten analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $12.56.

Several equities research analysts have recently weighed in on the stock. UBS Group set a $13.50 price target on shares of PagerDuty in a research report on Wednesday, August 26th. Morgan Stanley boosted their price objective on shares of PagerDuty from $9.00 to $10.00 and gave the stock an “underweight” rating in a research note on Friday, August 28th. TD Cowen restated a “buy” rating on shares of PagerDuty in a report on Wednesday, August 26th. Weiss Ratings raised PagerDuty from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Finally, Canaccord Genuity Group lifted their price target on PagerDuty from $10.00 to $15.00 and gave the company a “buy” rating in a report on Friday, August 28th.

Insider Buying and Selling at PagerDuty

In related news, insider Jennifer Tejada sold 107,000 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $15.11, for a total transaction of $1,616,770.00. Following the sale, the insider owned 1,563,251 shares of the company’s stock, valued at $23,620,722.61. This trade represents a 6.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On PagerDuty

A number of large investors have recently added to or reduced their stakes in PD. WealthCollab LLC bought a new stake in shares of PagerDuty in the 1st quarter valued at about $25,000. IFP Advisors Inc raised its stake in shares of PagerDuty by 68.8% during the 2nd quarter. IFP Advisors Inc now owns 2,862 shares of the company’s stock worth $28,000 after acquiring an additional 1,166 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in PagerDuty by 1,219.9% during the first quarter. PNC Financial Services Group Inc. now owns 4,976 shares of the company’s stock valued at $31,000 after acquiring an additional 4,599 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in PagerDuty by 419.3% during the first quarter. EverSource Wealth Advisors LLC now owns 5,136 shares of the company’s stock valued at $32,000 after acquiring an additional 4,147 shares during the last quarter. Finally, Optiver Holding B.V. boosted its stake in PagerDuty by 5,699.0% in the first quarter. Optiver Holding B.V. now owns 6,031 shares of the company’s stock valued at $37,000 after acquiring an additional 5,927 shares in the last quarter. 97.26% of the stock is currently owned by institutional investors.

PagerDuty Stock Performance

Shares of PagerDuty stock opened at $15.35 on Friday. 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’s fifty day moving average price is $12.99 and its 200-day moving average price is $9.69. The firm has a market cap of $1.21 billion, a P/E ratio of 7.67, a P/E/G ratio of 2.41 and a beta of 0.97. PagerDuty has a 12 month low of $5.70 and a 12 month high of $16.77.

PagerDuty (NYSE:PD) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. The company had revenue of $124.44 million during the quarter, compared to analyst estimates of $123.27 million. During the same period in the prior year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts expect that PagerDuty will post 0.69 earnings per share for the current fiscal year.

PagerDuty Company Profile

PagerDuty, Inc (NYSE: PD) provides a cloud-based digital operations management platform designed to help organizations detect, respond to and resolve operational issues. Its services support incident management, on-call scheduling, escalation workflows and collaboration among technology, development, IT operations and business teams.

The company’s PagerDuty Operations Cloud combines real-time event monitoring, incident response, automation and artificial intelligence capabilities. Its products are intended to help customers identify disruptions, coordinate the appropriate responders, automate routine remediation and improve the reliability of digital services and customer experiences.

PagerDuty serves organizations across industries and geographies through a subscription-based software model.