PagerDuty (NYSE:PD) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of PagerDuty (NYSE:PD) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports.

A number of other research analysts have also issued reports on PD. Cowen restated a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th. Robert W. Baird cut their target price on PagerDuty from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Thursday, September 4th. Morgan Stanley lowered their price target on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. Wall Street Zen downgraded PagerDuty from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 28th. Finally, Craig Hallum cut PagerDuty from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $20.00 to $15.00 in a research note on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, PagerDuty currently has an average rating of “Hold” and a consensus target price of $17.18.

PagerDuty Stock Down 0.2%

Shares of PagerDuty stock traded down $0.03 on Monday, reaching $11.71. The stock had a trading volume of 604,995 shares, compared to its average volume of 1,726,780. The company has a 50 day moving average price of $15.38 and a 200 day moving average price of $15.56. PagerDuty has a 1 year low of $11.13 and a 1 year high of $21.69. The stock has a market capitalization of $1.07 billion, a P/E ratio of 7.32, a P/E/G ratio of 5.00 and a beta of 0.69. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23.

PagerDuty (NYSE:PD) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.09. PagerDuty had a return on equity of 10.27% and a net margin of 31.12%.The business had revenue of $124.55 million during the quarter, compared to the consensus estimate of $124.92 million. During the same quarter last year, the company earned $0.26 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. 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, equities research analysts forecast that PagerDuty will post -0.27 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC raised its position in shares of PagerDuty by 2,235.6% in the first quarter. Headlands Technologies LLC now owns 1,378 shares of the company’s stock valued at $25,000 after buying an additional 1,319 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in PagerDuty by 252.0% during the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after buying an additional 1,149 shares during the last quarter. Summit Securities Group LLC acquired a new position in PagerDuty during the first quarter worth $33,000. Aster Capital Management DIFC Ltd purchased a new stake in PagerDuty in the 3rd quarter valued at $59,000. Finally, State of Alaska Department of Revenue purchased a new position in shares of PagerDuty during the 3rd quarter worth $67,000. 97.26% of the stock is owned by institutional investors and hedge funds.

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.