PagerDuty (NYSE:PD) Reaches New 1-Year Low – Should You Sell?

PagerDuty (NYSE:PD) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $10.93 and last traded at $11.0950, with a volume of 146258 shares traded. The stock had previously closed at $11.22.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Bank of America began coverage on PagerDuty in a report on Tuesday, December 2nd. They set an “underperform” rating and a $12.00 target price on the stock. Royal Bank Of Canada lowered shares of PagerDuty from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $17.00 to $15.00 in a research note on Monday, January 5th. Truist Financial decreased their target price on shares of PagerDuty from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Finally, Cowen reiterated a “buy” rating on shares of PagerDuty in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, PagerDuty has a consensus rating of “Hold” and a consensus target price of $16.64.

PagerDuty Stock Down 1.8%

The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 3.00 and a beta of 0.63. The firm’s fifty day moving average is $13.10 and its 200-day moving average is $14.93.

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 company had revenue of $124.55 million during the quarter, compared to analyst estimates of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the business 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. On average, sell-side analysts predict that PagerDuty will post -0.27 earnings per share for the current year.

Insiders Place Their Bets

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of the company’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 transaction of $3,560,004.45. Following the sale, the director owned 2,389,665 shares in the company, valued at $31,902,027.75. This represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 8.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors have recently made changes to their positions in PD. Vanguard Group Inc. increased its stake in PagerDuty by 17.1% during the third quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after purchasing an additional 1,840,407 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of PagerDuty by 333.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock valued at $23,961,000 after buying an additional 1,115,577 shares during the period. Readystate Asset Management LP bought a new stake in shares of PagerDuty during the 3rd quarter valued at about $15,946,000. Alyeska Investment Group L.P. bought a new stake in shares of PagerDuty during the 3rd quarter valued at about $13,710,000. Finally, Danske Bank A S acquired a new stake in PagerDuty during the third quarter worth about $13,271,000. 97.26% of the stock is currently 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. 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.