financetom
Technology
financetom
/
Technology
/
Analyst Ratings For PagerDuty
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Analyst Ratings For PagerDuty
Nov 27, 2024 10:27 AM

Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on PagerDuty ( PD ) in the last three months.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 7 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 1 0 0
3M Ago 3 1 6 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $21.25, a high estimate of $26.00, and a low estimate of $18.00. Observing a downward trend, the current average is 13.27% lower than the prior average price target of $24.50.

Interpreting Analyst Ratings: A Closer Look

The standing of PagerDuty ( PD ) among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Matthew Hedberg RBC Capital Raises Outperform $24.00 $22.00
Pinjalim Bora JP Morgan Lowers Neutral $20.00 $21.00
Pinjalim Bora JP Morgan Lowers Neutral $21.00 $24.00
Kingsley Crane Canaccord Genuity Lowers Buy $24.00 $26.00
J. Derrick Wood TD Cowen Lowers Hold $19.00 $23.00
Kash Rangan Goldman Sachs Lowers Neutral $21.00 $24.00
Matthew Hedberg RBC Capital Lowers Outperform $22.00 $27.00
Nick Altmann Scotiabank Lowers Sector Perform $18.00 $23.00
Chad Bennett Craig-Hallum Lowers Buy $26.00 $30.00
Sanjit Singh Morgan Stanley Lowers Equal-Weight $19.00 $24.00
Koji Ikeda B of A Securities Lowers Buy $23.00 $28.00
Robert Oliver Baird Lowers Neutral $18.00 $22.00

Key Insights:

Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to PagerDuty ( PD ). This insight gives a snapshot of analysts' perspectives on the current state of the company.

Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PagerDuty ( PD ) compared to the broader market.

Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PagerDuty's ( PD ) stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PagerDuty's ( PD ) market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on PagerDuty ( PD ) analyst ratings.

Discovering PagerDuty ( PD ): A Closer Look

PagerDuty Inc ( PD ) is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its platform harnesses digital signals from virtually any software-enabled system or device and combines it with human response data to take the right actions in real-time. The product offerings of the company include PagerDuty Incident Management, DevOps, AIOPs, Process Automation, and Customer Service Operations.

Key Indicators: PagerDuty's Financial Health

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: PagerDuty's ( PD ) revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 7.73%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -11.42%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -7.82%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -1.44%, the company showcases effective utilization of assets.

Debt Management: PagerDuty's ( PD ) debt-to-equity ratio stands notably higher than the industry average, reaching 2.8. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Unity Software Appoints Gaming Industry Veteran Matthew Bromberg As CEO
Unity Software Appoints Gaming Industry Veteran Matthew Bromberg As CEO
May 2, 2024
Matthew Bromberg was appointed the new CEO of Unity Software Inc ( U ) , effective May 15, 2024, succeeding interim CEO Jim Whitehurst. According to GamesIndustry.biz, Bromberg brings over two decades of industry experience, having previously served as COO at Zynga and in leadership roles at Electronic Arts Inc ( EA ) , including serving as the group general...
End of day gold price forecast update - 02-05-2024
End of day gold price forecast update - 02-05-2024
May 2, 2024
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main expected target at 2260.60$, supported by the EMA50 that presses negatively on the price, noting that holding below 2325.90$ is important to the continuation of the expected decline. ...
Crypto for Advisors: Digital Asset Custody’s Future
Crypto for Advisors: Digital Asset Custody’s Future
May 2, 2024
Custody of digital assets is evolving, whether it be the technology itself, the plethora of new tokenized investment products, or the risks of leaving assets with service providers like centralized exchanges, whether real or perceived. Colton Dillion, CEO of Hedgehog Technologies, breaks down the evolutions in digital asset custody, focusing on the shift of wealth to self-custody in the space...
End of day gold price forecast update - 02-05-2024
End of day gold price forecast update - 02-05-2024
May 2, 2024
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main expected target at 2260.60$, supported by the EMA50 that presses negatively on the price, noting that holding below 2325.90$ is important to the continuation of the expected decline. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved