PagerDuty (NYSE:PD) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of PagerDuty (NYSE:PD) in a research report sent to investors on Tuesday morning. The brokerage issued an underperform rating and a $12.00 price target on the stock.

Several other research analysts also recently commented on the company. Morgan Stanley reduced their target price on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Robert W. Baird reduced their price objective on PagerDuty from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th. Weiss Ratings restated a “sell (e+)” rating on shares of PagerDuty in a report on Wednesday, October 8th. Truist Financial lowered their target price on PagerDuty from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Finally, Royal Bank Of Canada reduced their price target on shares of PagerDuty from $18.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.18.

PagerDuty Stock Down 0.4%

Shares of PagerDuty stock opened at $12.02 on Tuesday. PagerDuty has a 12-month low of $11.13 and a 12-month high of $21.69. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23. The stock has a 50 day moving average price of $15.22 and a two-hundred day moving average price of $15.51. The stock has a market capitalization of $1.10 billion, a P/E ratio of 7.51, a PEG ratio of 3.86 and a beta of 0.69.

PagerDuty (NYSE:PD) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $124.92 million. During the same period in the prior year, the firm earned $0.26 EPS. The business’s 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. Equities analysts expect that PagerDuty will post -0.27 earnings per share for the current year.

Institutional Investors Weigh In On PagerDuty

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

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.