PagerDuty (NYSE:PD) Given Average Rating of “Hold” by Brokerages

PagerDuty (NYSE:PD) has earned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $16.6364.

PD has been the topic of several research analyst reports. Craig Hallum lowered PagerDuty from a “buy” rating to a “hold” rating and decreased their price target for the stock from $20.00 to $15.00 in a research note on Wednesday, November 26th. Royal Bank Of Canada cut PagerDuty from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $17.00 to $15.00 in a report on Monday, January 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Canaccord Genuity Group restated a “buy” rating and issued a $19.00 price target on shares of PagerDuty in a research report on Wednesday, November 26th. Finally, TD Cowen reaffirmed a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th.

Insider Transactions at PagerDuty

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 sale, the director owned 2,389,665 shares of the company’s stock, valued at $31,902,027.75. This represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in PagerDuty by 60.8% during the 1st quarter. Royal Bank of Canada now owns 96,575 shares of the company’s stock valued at $1,764,000 after buying an additional 36,517 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of PagerDuty by 110.6% during the first quarter. AQR Capital Management LLC now owns 147,127 shares of the company’s stock valued at $2,679,000 after acquiring an additional 77,251 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in PagerDuty by 1.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock worth $943,000 after purchasing an additional 671 shares in the last quarter. Millennium Management LLC increased its position in PagerDuty by 55.4% during the 1st quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock worth $18,363,000 after purchasing an additional 358,347 shares in the last quarter. Finally, Woodline Partners LP acquired a new position in PagerDuty in the 1st quarter valued at about $556,000. 97.26% of the stock is currently owned by institutional investors and hedge funds.

PagerDuty Trading Down 0.4%

NYSE:PD opened at $11.17 on Monday. PagerDuty has a 1 year low of $10.66 and a 1 year high of $20.00. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a fifty day moving average price of $12.72 and a two-hundred day moving average price of $14.81. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 6.98, a PEG ratio of 3.00 and a beta of 0.63.

PagerDuty (NYSE:PD) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share for the quarter, topping 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 business had revenue of $124.55 million for the quarter, compared to analysts’ expectations of $124.92 million. During the same period in the prior year, the company posted $0.26 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that PagerDuty will post -0.27 earnings per share for the current fiscal year.

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.