PagerDuty (NYSE:PD) Sets New 1-Year Low – Time to Sell?

Shares of PagerDuty (NYSE:PD) hit a new 52-week low on Wednesday . The company traded as low as $12.32 and last traded at $12.1870, with a volume of 2403831 shares traded. The stock had previously closed at $15.18.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wall Street Zen raised PagerDuty from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 31st. Zacks Research upgraded shares of PagerDuty to a “hold” rating in a report on Friday, August 8th. Truist Financial decreased their price objective on shares of PagerDuty from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Royal Bank Of Canada dropped their target price on shares of PagerDuty from $18.00 to $17.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Canaccord Genuity Group cut their target price on shares of PagerDuty from $21.00 to $19.00 and set a “buy” rating on the stock in a research note on Thursday, September 4th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.91.

PagerDuty Trading Down 23.1%

The stock’s fifty day moving average price is $15.83 and its 200 day moving average price is $15.74. The stock has a market cap of $1.09 billion, a P/E ratio of -72.61, a PEG ratio of 10.80 and a beta of 0.83. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 2.18.

PagerDuty (NYSE:PD) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.09. PagerDuty had a negative net margin of 2.87% and a positive return on equity of 2.81%. The company had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. During the same period last year, the company posted $0.26 EPS. PagerDuty’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. Q4 2026 guidance at 0.240-0.250 EPS. Equities research analysts expect that PagerDuty will post -0.27 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its stake in PagerDuty by 479.2% during the first quarter. Victory Capital Management Inc. now owns 60,509 shares of the company’s stock valued at $1,105,000 after buying an additional 50,062 shares during the last quarter. Allianz Asset Management GmbH bought a new position in shares of PagerDuty during the first quarter valued at $274,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of PagerDuty during the first quarter valued at $246,000. Cetera Investment Advisers raised its position in shares of PagerDuty by 22.5% in the 1st quarter. Cetera Investment Advisers now owns 15,946 shares of the company’s stock worth $291,000 after purchasing an additional 2,928 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its position in shares of PagerDuty by 22.6% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 16,800 shares of the company’s stock worth $307,000 after purchasing an additional 3,100 shares during the last quarter. Institutional investors own 97.26% of the company’s stock.

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.