PagerDuty (NYSE:PD) Issues FY 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.270-1.320 for the period, compared to the consensus EPS estimate of 1.080. The company issued revenue guidance of $488.5 million-$496.5 million, compared to the consensus revenue estimate of $493.4 million.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PD. William Blair reissued a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th. TD Cowen reduced their price objective on shares of PagerDuty from $20.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Canaccord Genuity Group upped their price objective on shares of PagerDuty from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of PagerDuty in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada boosted their target price on shares of PagerDuty from $8.00 to $9.00 and gave the company a “sector perform” rating in a report on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $11.25.

PagerDuty Trading Up 3.1%

PD opened at $9.37 on Tuesday. The company has a market cap of $722.61 million, a P/E ratio of 4.59, a price-to-earnings-growth ratio of 2.33 and a beta of 0.94. The company has a fifty day moving average price of $7.85 and a two-hundred day moving average price of $8.69. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.83. PagerDuty has a 1-year low of $5.70 and a 1-year high of $18.00.

PagerDuty (NYSE:PD) last issued its earnings results on Thursday, May 28th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.24 by $0.08. The company had revenue of $120.97 million during the quarter, compared to the consensus estimate of $119.52 million. PagerDuty had a return on equity of 18.20% and a net margin of 38.60%.The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the business posted $0.24 EPS. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. Analysts predict that PagerDuty will post 0.58 EPS for the current fiscal year.

PagerDuty announced that its board has approved a stock repurchase program on Thursday, May 28th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to repurchase up to 16.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On PagerDuty

Large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in PagerDuty during the 4th quarter worth approximately $68,000. Los Angeles Capital Management LLC purchased a new stake in shares of PagerDuty in the fourth quarter worth approximately $114,000. Inceptionr LLC bought a new position in shares of PagerDuty in the fourth quarter valued at approximately $132,000. State of Tennessee Department of Treasury bought a new position in shares of PagerDuty in the second quarter valued at approximately $160,000. Finally, Numerai GP LLC purchased a new position in shares of PagerDuty during the fourth quarter valued at approximately $161,000. 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. 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.