PagerDuty (NYSE:PD) Stock Rating Lowered by Zacks Research

PagerDuty (NYSE:PD) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other analysts have also weighed in on the company. Morgan Stanley lowered their price objective on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a report on Wednesday, November 26th. Craig Hallum lowered shares of PagerDuty from a “buy” rating to a “hold” rating and decreased their target price for the company from $20.00 to $15.00 in a research report on Wednesday, November 26th. Wall Street Zen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a research note on Sunday. Bank of America initiated coverage on PagerDuty in a research note on Tuesday, December 2nd. They set an “underperform” rating and a $12.00 target price for the company. Finally, Royal Bank Of Canada downgraded shares of PagerDuty from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $17.00 to $15.00 in a report on Monday, January 5th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, PagerDuty has a consensus rating of “Hold” and a consensus target price of $16.64.

PagerDuty Stock Performance

NYSE:PD opened at $10.93 on Monday. The company has a market cap of $1.00 billion, a P/E ratio of 6.88, a P/E/G ratio of 3.02 and a beta of 0.63. 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 firm’s 50 day moving average is $12.57 and its two-hundred day moving average is $14.73. PagerDuty has a fifty-two week low of $10.66 and a fifty-two week high of $19.75.

PagerDuty (NYSE:PD) last posted its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share (EPS) 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 firm had revenue of $124.55 million during the quarter, compared to the consensus estimate of $124.92 million. During the same quarter in the prior year, the company earned $0.26 EPS. The company’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. Analysts expect that PagerDuty will post -0.27 EPS for the current year.

Insider Activity at PagerDuty

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

Institutional Investors Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of PagerDuty by 252.0% during the 3rd 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 period. Aster Capital Management DIFC Ltd bought a new stake in shares of PagerDuty in the third quarter valued at 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. KBC Group NV grew its position in 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 purchasing an additional 2,079 shares in the last quarter. Finally, One68 Global Capital LLC bought a new stake in PagerDuty during the third quarter worth about $165,000. 97.26% of the stock is 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.