PagerDuty (PD) to Release Quarterly Earnings on Thursday

PagerDuty (NYSE:PD - Get Free Report) is projected to announce its earnings results after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $119.53 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

PagerDuty Trading Up 1.5 %

NYSE:PD traded up $0.26 on Friday, hitting $17.53. 1,914,224 shares of the stock were exchanged, compared to its average volume of 1,031,501. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of -21.91 and a beta of 1.12. PagerDuty has a 52 week low of $16.46 and a 52 week high of $24.76. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97. The company's 50-day moving average price is $18.38 and its 200 day moving average price is $18.78.

Insider Activity

In related news, CEO Jennifer Tejada sold 12,500 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $20.12, for a total value of $251,500.00. Following the completion of the transaction, the chief executive officer now directly owns 907,631 shares in the company, valued at approximately $18,261,535.72. The trade was a 1.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shelley Webb sold 7,879 shares of the business's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $18.19, for a total value of $143,319.01. Following the completion of the transaction, the insider now owns 199,122 shares of the company's stock, valued at $3,622,029.18. This represents a 3.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,548 shares of company stock valued at $438,199 in the last ninety days. 7.60% of the stock is owned by insiders.

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Analysts Set New Price Targets

Several analysts have weighed in on PD shares. Bank of America cut PagerDuty from a "buy" rating to an "underperform" rating and dropped their price objective for the stock from $23.00 to $18.00 in a report on Thursday, January 30th. Royal Bank of Canada boosted their price objective on PagerDuty from $22.00 to $24.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. reissued an "underweight" rating and set a $21.00 price objective on shares of PagerDuty in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $21.64.

PagerDuty Company Profile

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.