PagerDuty (NYSE:PD) Hits New 12-Month Low – Here’s What Happened

PagerDuty (NYSE:PD)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $7.27 and last traded at $7.2650, with a volume of 556798 shares traded. The stock had previously closed at $7.82.

Analyst Ratings Changes

A number of brokerages recently issued reports on PD. Morgan Stanley dropped their price objective on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of PagerDuty in a research report on Wednesday. Wall Street Zen upgraded shares of PagerDuty from a “hold” rating to a “buy” rating in a research report on Sunday, January 25th. TD Cowen reaffirmed a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $16.64.

PagerDuty Price Performance

The firm has a market capitalization of $636.49 million, a PE ratio of 4.33, a P/E/G ratio of 1.78 and a beta of 0.66. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. The business’s 50 day moving average is $11.53 and its two-hundred day moving average is $14.23.

PagerDuty (NYSE:PD) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.09. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The firm had revenue of $124.55 million for the quarter, compared to analyst estimates of $124.92 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. As a group, research analysts anticipate that PagerDuty will post -0.27 EPS for the current year.

Insider Transactions at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total value of $3,560,004.45. Following the completion of the transaction, the director directly owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. This represents a 10.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of PagerDuty by 17.1% in the 3rd quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after acquiring an additional 1,840,407 shares during the last quarter. Ameriprise Financial Inc. increased its stake in PagerDuty by 333.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after purchasing an additional 1,115,577 shares during the period. Readystate Asset Management LP bought a new stake in PagerDuty in the third quarter valued at approximately $15,946,000. Alyeska Investment Group L.P. purchased a new stake in shares of PagerDuty during the third quarter valued at approximately $13,710,000. Finally, Danske Bank A S bought a new position in shares of PagerDuty in the third quarter worth approximately $13,271,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

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.