PagerDuty (NYSE:PD) Issues FY 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 1.270-1.320 for the period, compared to the consensus estimate of 1.080. The company issued revenue guidance of $488.5 million-$496.5 million, compared to the consensus revenue estimate of $493.4 million.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wall Street Zen downgraded PagerDuty from a “buy” rating to a “hold” rating in a research report on Monday, May 25th. Royal Bank Of Canada increased their price objective on PagerDuty from $8.00 to $9.00 and gave the company a “sector perform” rating in a research note on Friday, May 29th. Weiss Ratings reissued a “sell (d)” rating on shares of PagerDuty in a research note on Friday, May 22nd. William Blair reaffirmed a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th. Finally, TD Cowen decreased their price objective on PagerDuty from $20.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, PagerDuty currently has a consensus rating of “Hold” and an average price target of $11.25.

PagerDuty Trading Up 3.1%

NYSE:PD opened at $9.37 on Tuesday. The stock has a 50-day simple moving average of $7.85 and a 200-day simple moving average of $8.69. The stock has a market cap of $722.61 million, a P/E ratio of 4.59, a P/E/G ratio of 2.33 and a beta of 0.94. PagerDuty has a 1 year low of $5.70 and a 1 year high of $18.00. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.95 and a current ratio of 1.95.

PagerDuty (NYSE:PD) last issued its earnings results on Thursday, May 28th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.08. The business had revenue of $120.97 million for the quarter, compared to analyst estimates of $119.52 million. PagerDuty had a return on equity of 18.20% and a net margin of 38.60%.The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.24 EPS. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. As a group, analysts anticipate that PagerDuty will post 0.58 earnings per share for the current fiscal year.

PagerDuty declared that its board has approved a share buyback plan on Thursday, May 28th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 16.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of PagerDuty

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of PagerDuty by 1.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock worth $943,000 after buying an additional 671 shares during the period. California State Teachers Retirement System increased its position in PagerDuty by 1.4% in the 2nd quarter. California State Teachers Retirement System now owns 81,474 shares of the company’s stock valued at $1,245,000 after acquiring an additional 1,129 shares during the period. Loomis Sayles & Co. L P raised its stake in PagerDuty by 0.3% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,092,963 shares of the company’s stock valued at $14,329,000 after acquiring an additional 3,276 shares during the last quarter. Alliancebernstein L.P. lifted its position in PagerDuty by 4.1% during the 3rd quarter. Alliancebernstein L.P. now owns 95,302 shares of the company’s stock worth $1,574,000 after acquiring an additional 3,784 shares during the period. Finally, Swiss National Bank lifted its position in PagerDuty by 2.3% during the 3rd quarter. Swiss National Bank now owns 169,700 shares of the company’s stock worth $2,803,000 after acquiring an additional 3,800 shares during the period. Institutional investors and hedge funds 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. 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.