Pagerduty Inc [PD] stock is trading at $18.33, up 3.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PD shares have gain 2.75% over the last week, with a monthly amount drifted -9.57%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pagerduty Inc [NYSE: PD] stock has seen the most recent analyst activity on December 11, 2024, when JP Morgan downgraded its rating to a Underweight but kept the price target unchanged to $21 for it. Previously, Goldman started tracking the stock with Neutral rating on July 18, 2024, and set its price target to $24. On June 28, 2024, Scotiabank initiated with a Sector Perform rating and assigned a price target of $23 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $24 on June 27, 2024. Craig Hallum upgraded its rating to a Buy but $30 remained the price target by the analyst firm on June 12, 2024. Truist upgraded its rating to Buy for this stock on March 18, 2024, and upped its price target to $30. In a note dated January 24, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock but restated the target price of $30.
Pagerduty Inc [PD] stock has fluctuated between $16.46 and $26.60 over the past year. Currently, Wall Street analysts expect the stock to reach $22.67 within the next 12 months. Pagerduty Inc [NYSE: PD] shares were valued at $18.33 at the most recent close of the market. An investor can expect a potential return of 23.68% based on the average PD price forecast.
Analyzing the PD fundamentals
Pagerduty Inc [NYSE:PD] reported sales of 457.17M for the trailing twelve months, which represents a growth of 9.41%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.48 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.12.
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 17.94 points at the first support level, and at 17.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.58, and for the 2nd resistance point, it is at 18.82.
Ratios To Look Out For
For context, Pagerduty Inc’s Current Ratio is 1.91. Also, the Quick Ratio is 1.91, while the Cash Ratio stands at 0.98. Considering the valuation of this stock, the price to sales ratio is 3.61, the price to book ratio is 14.80.
Transactions by insiders
Recent insider trading involved WEBB SHELLEY, Chief Legal and People Officer, that happened on Jan 06 ’25 when 7879.0 shares were sold. Officer, SHELLEY WEBB completed a deal on Jan 06 ’25 to buy 17766.0 shares. Meanwhile, Former Officer and Director MITRA REZVAN bought 37617.0 shares on Jan 02 ’25.
