PagerDuty (NYSE:PD) Sets New 52-Week Low – Should You Sell?

PagerDuty (NYSE:PD) reached a new 52-week low during trading on Thursday . The company traded as low as $10.43 and last traded at $10.5050, with a volume of 694303 shares changing hands. The stock had previously closed at $10.76.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PD. Zacks Research cut shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research report on Monday. Craig Hallum downgraded PagerDuty from a “buy” rating to a “hold” rating and reduced their target price for the company from $20.00 to $15.00 in a report on Wednesday, November 26th. Canaccord Genuity Group reissued a “buy” rating and issued a $19.00 target price on shares of PagerDuty in a research report on Wednesday, November 26th. Truist Financial cut their price target on PagerDuty from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, January 7th. Finally, Morgan Stanley reduced their price objective on PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 26th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PagerDuty currently has an average rating of “Hold” and an average price target of $16.64.

PagerDuty Trading Down 2.7%

The business’s 50-day moving average is $12.48 and its two-hundred day moving average is $14.70. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a market capitalization of $960.48 million, a PE ratio of 6.55, a price-to-earnings-growth ratio of 2.93 and a beta of 0.63.

PagerDuty (NYSE:PD) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.33 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 company 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 firm earned $0.26 EPS. PagerDuty’s quarterly 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. As a group, equities research analysts anticipate that PagerDuty will post -0.27 earnings per share for the current year.

Insider Buying and Selling

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of PagerDuty 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 sale, the director owned 2,389,665 shares of the company’s stock, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PagerDuty

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of PagerDuty by 17.1% in the 3rd quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after buying an additional 1,840,407 shares during the period. Ameriprise Financial Inc. grew its holdings in PagerDuty by 333.2% during the third quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after acquiring an additional 1,115,577 shares during the period. Readystate Asset Management LP purchased a new position in PagerDuty in the third quarter worth $15,946,000. Alyeska Investment Group L.P. acquired a new stake in PagerDuty in the third quarter valued at $13,710,000. Finally, Danske Bank A S acquired a new stake in PagerDuty in the third quarter valued at $13,271,000. 97.26% of the stock is owned by hedge funds and other 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.