PagerDuty (NYSE:PD) Trading Down 7.2% – What’s Next?

Shares of PagerDuty (NYSE:PD) traded down 7.2% during mid-day trading on Tuesday . The company traded as low as $9.80 and last traded at $9.6320. 280,674 shares were traded during mid-day trading, a decline of 87% from the average session volume of 2,147,838 shares. The stock had previously closed at $10.38.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PD shares. TD Cowen reiterated a “buy” rating on shares of PagerDuty in a report on Wednesday, November 26th. Craig Hallum downgraded shares of PagerDuty from a “buy” rating to a “hold” rating and cut their price target for the company from $20.00 to $15.00 in a report on Wednesday, November 26th. Wall Street Zen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Zacks Research downgraded PagerDuty from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $16.64.

PagerDuty Trading Down 14.3%

The firm’s fifty day simple moving average is $12.23 and its 200 day simple moving average is $14.61. The stock has a market capitalization of $816.82 million, a P/E ratio of 5.56, a price-to-earnings-growth ratio of 2.83 and a beta of 0.63. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37.

PagerDuty (NYSE:PD) last announced its quarterly earnings data 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. The business 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%.PagerDuty’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 EPS. 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 fiscal year.

Insider Activity at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the completion of the transaction, the director directly owned 2,389,665 shares in the company, valued at $31,902,027.75. This trade represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 8.00% of the company’s stock.

Institutional Trading of PagerDuty

A number of large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of PagerDuty by 252.0% in the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after acquiring an additional 1,149 shares during the period. KBC Group NV boosted its position in shares of PagerDuty by 89.5% in the fourth quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after acquiring an additional 2,079 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in PagerDuty during the third quarter valued at approximately $59,000. State of Alaska Department of Revenue purchased a new stake in PagerDuty in the 3rd quarter worth approximately $67,000. Finally, New York State Teachers Retirement System bought a new position in shares of PagerDuty in the fourth quarter worth $102,000. 97.26% of the stock is owned by hedge funds and other 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.