PagerDuty (NYSE:PD) Issues FY 2025 Earnings Guidance

PagerDuty (NYSE:PD) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.650-0.700 for the period, compared to the consensus EPS estimate of 0.820. The company issued revenue guidance of $470.0 million-$478.0 million, compared to the consensus revenue estimate of $480.7 million. PagerDuty also updated its FY25 guidance to $0.65-0.70 EPS.

PagerDuty Trading Down 2.0 %

Shares of NYSE PD traded down $0.46 during midday trading on Thursday, reaching $22.93. 2,278,255 shares of the stock were exchanged, compared to its average volume of 1,366,954. The stock has a 50 day moving average price of $24.21 and a 200-day moving average price of $22.90. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 2.65. PagerDuty has a 52-week low of $19.18 and a 52-week high of $35.33. The company has a market capitalization of $2.13 billion, a P/E ratio of -27.96 and a beta of 0.92.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PD. Morgan Stanley restated an equal weight rating and issued a $30.00 target price on shares of PagerDuty in a research note on Wednesday, January 24th. TD Cowen cut shares of PagerDuty from an outperform rating to a market perform rating and cut their price target for the company from $29.00 to $23.00 in a report on Friday, December 1st. Royal Bank of Canada dropped their target price on shares of PagerDuty from $32.00 to $31.00 and set an outperform rating on the stock in a report on Friday, December 1st. Finally, Bank of America began coverage on shares of PagerDuty in a report on Thursday, December 14th. They set a buy rating and a $30.00 target price on the stock. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and an average price target of $27.00.

Insider Buying and Selling at PagerDuty

In other PagerDuty news, CFO Howard Wilson sold 33,782 shares of the company’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $25.68, for a total transaction of $867,521.76. Following the completion of the sale, the chief financial officer now directly owns 511,565 shares of the company’s stock, valued at $13,136,989.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, SVP Shelley Webb sold 5,519 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $21.40, for a total value of $118,106.60. Following the completion of the sale, the senior vice president now directly owns 177,087 shares of the company’s stock, valued at $3,789,661.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Howard Wilson sold 33,782 shares of the firm’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $25.68, for a total transaction of $867,521.76. Following the transaction, the chief financial officer now directly owns 511,565 shares in the company, valued at approximately $13,136,989.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,298 shares of company stock valued at $1,364,392. 7.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PagerDuty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fred Alger Management LLC bought a new position in PagerDuty in the 1st quarter worth $33,686,000. Goldman Sachs Group Inc. raised its holdings in PagerDuty by 65.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,285,588 shares of the company’s stock worth $52,911,000 after acquiring an additional 904,136 shares during the period. Norges Bank bought a new position in PagerDuty in the 4th quarter worth $22,062,000. Barclays PLC raised its holdings in PagerDuty by 296.6% in the 4th quarter. Barclays PLC now owns 799,407 shares of the company’s stock worth $18,505,000 after acquiring an additional 597,831 shares during the period. Finally, ArrowMark Colorado Holdings LLC bought a new position in PagerDuty in the 4th quarter worth $10,913,000. Institutional investors own 89.94% of the company’s stock.

PagerDuty Company Profile

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States, EMEA, the Asia Pacific, and Japan. The company's digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage powerful machine learning to correlate, process, and predict opportunities and issues.