Pagerduty Inc [PD] stock is trading at $23.68, down -1.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PD shares have gain 5.15% over the last week, with a monthly amount drifted -3.97%, and not seem to be holding up well over a long-time horizon.
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On 13, February 2024, PagerDuty to Report Fourth Quarter and Full Fiscal Year 2024 Results on March 14, 2024. In a post published today on Yahoo Finance, PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced it will release its financial results for the fourth quarter and full fiscal year 2024, ended January 31, 2024, after market close on March 14, 2024. PagerDuty will host a live Zoom video call for analysts and investors at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on that day. Both a news release with the financial results and the live video call will be available to the public on PagerDuty’s investor relations events page at investor.pagerduty.com. A replay will be available following the call.
From an analyst’s perspective:
Pagerduty Inc [NYSE: PD] stock has seen the most recent analyst activity on January 24, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight but kept the price target unchanged to $30 for it. Previously, BofA Securities started tracking the stock with Buy rating on December 14, 2023, and set its price target to $30. On December 01, 2023, downgrade downgraded it’s rating to Market Perform and revised its price target to $23 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $25 on September 01, 2023. Craig Hallum downgraded its rating to a Hold but $26 remained the price target by the analyst firm on June 02, 2023. Morgan Stanley upgraded its rating to Overweight for this stock on January 20, 2023, and upped its price target to $36. In a note dated September 23, 2022, Credit Suisse initiated an Outperform rating and provided a target price of $32 on this stock.
Pagerduty Inc [PD] stock has fluctuated between $19.18 and $35.33 over the past year. Currently, Wall Street analysts expect the stock to reach $38.2 within the next 12 months. Pagerduty Inc [NYSE: PD] shares were valued at $23.68 at the most recent close of the market. An investor can expect a potential return of 61.32% based on the average PD price forecast.
Analyzing the PD fundamentals
Pagerduty Inc [NYSE:PD] reported sales of 420.55M for the trailing twelve months, which represents a growth of 15.41%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.31 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.42 points at the first support level, and at 23.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.86, and for the 2nd resistance point, it is at 24.03.
Pagerduty Inc [PD] reported earnings per share of $0.21 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.14/share, meaning a difference of $0.07 and a surprise factor of 50.00%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $0.19 per share as compared to estimates of $0.1 per share, a difference of $0.09 representing a surprise of 90.00%.
Ratios To Look Out For
For context, Pagerduty Inc’s Current Ratio is 2.67. Further, the Quick Ratio stands at 2.67, while the Cash Ratio is 1.53. Considering the valuation of this stock, the price to sales ratio is 5.17, the price to book ratio is 13.19.
Transactions by insiders
Recent insider trading involved Wilson Howard, Chief Financial Officer, that happened on Feb 12 when 8893.0 shares were sold. Chief Financial Officer, Wilson Howard completed a deal on Jan 12 to sell 5000.0 shares. Meanwhile, Chief Financial Officer Wilson Howard sold 33782.0 shares on Jan 10.
