PagerDuty (NYSE:PD) Updates Q3 2027 Earnings Guidance

PagerDuty (NYSE:PD) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.340-0.360 for the period, compared to the consensus EPS estimate of 0.310. The company issued revenue guidance of $123.0 million-$125.0 million, compared to the consensus revenue estimate of $124.2 million. PagerDuty also updated its FY 2027 guidance to 1.330-1.370 EPS.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PD. Morgan Stanley cut PagerDuty from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $10.00 to $9.00 in a research report on Tuesday, July 21st. Wall Street Zen cut shares of PagerDuty from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. UBS Group set a $13.50 price target on PagerDuty in a research note on Wednesday. Canaccord Genuity Group raised 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. Finally, Truist Financial upped their price target on PagerDuty from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.28.

PagerDuty Trading Up 3.8%

Shares of NYSE PD traded up $0.47 during mid-day trading on Thursday, hitting $12.66. The stock had a trading volume of 1,738,955 shares, compared to its average volume of 2,459,818. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.95 and a current ratio of 1.95. The business has a 50 day moving average price of $10.49 and a two-hundred day moving average price of $8.37. The firm has a market cap of $976.30 million, a P/E ratio of 6.21, a price-to-earnings-growth ratio of 3.14 and a beta of 0.93. PagerDuty has a 1 year low of $5.70 and a 1 year high of $17.29.

PagerDuty (NYSE:PD) last released its earnings results on Thursday, May 28th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. PagerDuty had a net margin of 38.60% and a return on equity of 18.20%. The firm had revenue of $120.97 million for the quarter, compared to the consensus estimate of $119.52 million. During the same period in the prior year, the firm earned $0.24 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. On average, equities analysts anticipate that PagerDuty will post 0.58 EPS for the current fiscal year.

PagerDuty declared that its board has approved a stock repurchase program on Thursday, May 28th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 16.4% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

Institutional Trading of PagerDuty

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. One68 Global Capital LLC increased its stake in shares of PagerDuty by 80.0% during the fourth quarter. One68 Global Capital LLC now owns 18,000 shares of the company’s stock worth $236,000 after purchasing an additional 8,000 shares in the last quarter. Man Group plc purchased a new stake in shares of PagerDuty during the 4th quarter valued at approximately $229,000. Mercer Global Advisors Inc. ADV purchased a new stake in PagerDuty in the 3rd quarter valued at about $210,000. Sei Investments Co. acquired a new stake in PagerDuty in the 3rd quarter valued at approximately $218,000. Finally, Caxton Associates LLP purchased a new stake in shares of PagerDuty in the 2nd quarter valued at $186,000. Hedge funds and other 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.