PagerDuty (PD) Projected to Post Quarterly Earnings on Thursday

PagerDuty (NYSE:PD) is expected to issue its quarterly earnings data after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $119.53 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

PagerDuty Stock Performance

Shares of PD stock opened at $16.46 on Wednesday. PagerDuty has a one year low of $16.35 and a one year high of $24.05. The company’s 50-day moving average is $18.33 and its 200 day moving average is $18.74. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -20.57 and a beta of 1.12. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97.

Insiders Place Their Bets

In other PagerDuty news, insider Shelley Webb sold 7,879 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $18.19, for a total transaction of $143,319.01. Following the completion of the sale, the insider now directly owns 199,122 shares of the company’s stock, valued at $3,622,029.18. This trade represents a 3.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jennifer Tejada sold 1,569 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $20.00, for a total transaction of $31,380.00. Following the sale, the chief executive officer now directly owns 868,311 shares of the company’s stock, valued at approximately $17,366,220. This trade represents a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,548 shares of company stock worth $438,199. Company insiders own 7.60% of the company’s stock.

Analyst Upgrades and Downgrades

PD has been the topic of several recent analyst reports. Bank of America downgraded shares of PagerDuty from a “buy” rating to an “underperform” rating and cut their price objective for the company from $23.00 to $18.00 in a research report on Thursday, January 30th. JPMorgan Chase & Co. restated an “underweight” rating and set a $21.00 target price on shares of PagerDuty in a research note on Wednesday, December 11th. Finally, Royal Bank of Canada upped their target price on shares of PagerDuty from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, PagerDuty presently has a consensus rating of “Hold” and a consensus target price of $21.64.

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.