1 week Ago By ABMN Staff
Shares of PagerDuty, Inc. ( NYSE:PD – Get Free Report ) have received an average rating of “Hold” from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.
The average 12-month price target among brokers that have covered the stock in the last year is $21.91. PD has been the topic of a number of recent analyst reports.
JPMorgan Chase & Co. dropped their price objective on PagerDuty from $24.00 to $21.
00 and set a “neutral” rating on the stock in a report on Wednesday, September 4th. TD Cowen reduced their price objective on shares of PagerDuty from $23.00 to $19.
00 and set a “hold” rating for the company in a research report on Wednesday, September 4th. Bank of America lowered their target price on shares of PagerDuty from $28.00 to $23.
00 and set a “buy” rating for the company in a report on Wednesday, September 4th. The Goldman Sachs Group cut their price target on shares of PagerDuty from $24.00 to $21.
00 and set a “neutral” rating on the stock in a research note on Wednesday, September 4th. Finally, Canaccord Genuity Group dropped their price objective on PagerDuty from $26.00 to $24.
00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. View Our Latest Analysis on PD Insider Buying and Selling Institutional Investors Weigh In On PagerDuty Institutional investors have recently made changes to their positions in the stock. ARK Investment Management LLC increased its holdings in shares of PagerDuty by 12.
5% in the 2nd quarter. ARK Investment Management LLC now owns 10,604,295 shares of the company’s stock valued at $243,156,000 after purchasing an additional 1,180,202 shares in the last quarter. Goldman Sachs Group Inc.
increased its holdings in PagerDuty by 65.4% in the fourth quarter. Goldman Sachs Group Inc.
now owns 2,285,588 shares of the company’s stock valued at $52,911,000 after buying an additional 904,136 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of PagerDuty by 50.
8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,160,281 shares of the company’s stock valued at $50,011,000 after acquiring an additional 728,152 shares during the period.
Norges Bank purchased a new stake in shares of PagerDuty during the 4th quarter worth approximately $15,912,000. Finally, SpiderRock Advisors LLC acquired a new stake in shares of PagerDuty in the 1st quarter worth approximately $11,083,000. 97.
26% of the stock is currently owned by hedge funds and other institutional investors. PagerDuty Stock Down 4.5 % Shares of PagerDuty stock opened at $17.
78 on Friday. The company has a quick ratio of 2.59, a current ratio of 2.
59 and a debt-to-equity ratio of 2.58. PagerDuty has a 52-week low of $16.
46 and a 52-week high of $26.70. The company has a market capitalization of $1.
70 billion, a P/E ratio of -17.60 and a beta of 1.05.
The company has a 50 day moving average of $20.08 and a 200 day moving average of $21.00.
PagerDuty ( NYSE:PD – Get Free Report ) last released its quarterly earnings data on Tuesday, September 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.
17 by $0.04. The business had revenue of $115.
94 million during the quarter, compared to analysts’ expectations of $116.52 million. PagerDuty had a negative net margin of 21.
34% and a negative return on equity of 28.38%. The company’s revenue for the quarter was up 7.
7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.18) EPS.
As a group, research analysts forecast that PagerDuty will post -0.44 EPS for the current fiscal year. PagerDuty Company Profile ( Get Free Report 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. Featured Stories Receive News & Ratings for PagerDuty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagerDuty and related companies with MarketBeat.com's FREE daily email newsletter .
.
