PagerDuty (NYSE:PD) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of PagerDuty (NYSE:PD) from a hold rating to a buy rating in a research report released on Sunday morning.

Several other research analysts have also commented on the stock. Zacks Research upgraded shares of PagerDuty from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Craig Hallum downgraded shares of PagerDuty from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $20.00 to $15.00 in a research note on Wednesday, November 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of PagerDuty in a research report on Monday, December 29th. Canaccord Genuity Group restated a “buy” rating and set a $19.00 target price on shares of PagerDuty in a report on Wednesday, November 26th. Finally, Royal Bank Of Canada cut shares of PagerDuty from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $17.00 to $15.00 in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $16.64.

PagerDuty Trading Down 0.4%

Shares of PD opened at $11.17 on Friday. PagerDuty has a twelve month low of $10.66 and a twelve month high of $20.00. The firm has a market capitalization of $1.02 billion, a P/E ratio of 6.98, a price-to-earnings-growth ratio of 2.99 and a beta of 0.63. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.23. The stock’s fifty day simple moving average is $12.72 and its 200 day simple moving average is $14.79.

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

Insider Buying and Selling

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were 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 of the company’s stock, valued at $31,902,027.75. This represents a 10.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in shares of PagerDuty by 252.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after purchasing an additional 1,149 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of PagerDuty during the third quarter worth about $59,000. State of Alaska Department of Revenue bought a new position in shares of PagerDuty during the third quarter worth about $67,000. State of Tennessee Department of Treasury acquired a new position in PagerDuty in the second quarter worth about $160,000. Finally, One68 Global Capital LLC bought a new stake in PagerDuty in the third quarter valued at about $165,000. 97.26% of the stock is currently owned by institutional investors.

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.