Pagerduty Inc (PD) Shares Plummet Below 1-Year High

The stock of Pagerduty Inc (NYSE: PD) has decreased by -3.65 when compared to last closing price of 19.60. Despite this, the company has experienced a -5.05% fall in its stock price over the last five trading sessions. businesswire.com reported 2024-11-13 that SAN FRANCISCO–(BUSINESS WIRE)–PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced it will release its financial results for the third quarter fiscal year 2025, ended October 31, 2024, after market close on November 26, 2024. PagerDuty will host a live Zoom video call (meeting ID 975 4160 6140) for analysts and investors at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on that day. For audio only, the dial-in number 1-312-626-6799 may be used. Both a news re.

Is It Worth Investing in Pagerduty Inc (NYSE: PD) Right Now?

Company’s 36-month beta value is 1.07.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”

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The public float for PD is 87.33M, and currently, short sellers hold a 12.50% ratio of that floaft. The average trading volume of PD on November 15, 2024 was 852.04K shares.

PD’s Market Performance

The stock of Pagerduty Inc (PD) has seen a -5.05% decrease in the past week, with a 0.61% rise in the past month, and a -3.89% fall in the past quarter. The volatility ratio for the week is 3.09%, and the volatility levels for the past 30 days are at 2.81% for PD. The simple moving average for the last 20 days is -0.12% for PD stock, with a simple moving average of -8.07% for the last 200 days.

Analysts’ Opinion of PD

Many brokerage firms have already submitted their reports for PD stocks, with Goldman repeating the rating for PD by listing it as a “Neutral.” The predicted price for PD in the upcoming period, according to Goldman is $24 based on the research report published on July 18, 2024 of the current year 2024.

Scotiabank, on the other hand, stated in their research note that they expect to see PD reach a price target of $23. The rating they have provided for PD stocks is “Sector Perform” according to the report published on June 28th, 2024.

JP Morgan gave a rating of “Neutral” to PD, setting the target price at $24 in the report published on June 27th of the current year.

PD Trading at 2.67% from the 50-Day Moving Average

After a stumble in the market that brought PD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.27% of loss for the given period.

Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares sank -0.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.91% upper at present.

During the last 5 trading sessions, PD fell by -5.33%, which changed the moving average for the period of 200-days by -22.03% in comparison to the 20-day moving average, which settled at $18.91. In addition, Pagerduty Inc saw -18.42% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PD starting from Tejada Jennifer, who sale 18,750 shares at the price of $20.04 back on Nov 12 ’24. After this action, Tejada Jennifer now owns 907,631 shares of Pagerduty Inc, valued at $375,750 using the latest closing price.

Wilson Howard, the Chief Financial Officer of Pagerduty Inc, sale 21,066 shares at $20.02 during a trade that took place back on Nov 07 ’24, which means that Wilson Howard is holding 545,742 shares at $421,741 based on the most recent closing price.

Stock Fundamentals for PD

Current profitability levels for the company are sitting at:

  • -0.19 for the present operating margin
  • 0.81 for the gross margin

The net margin for Pagerduty Inc stands at -0.18. The total capital return value is set at -0.14. Equity return is now at value -38.58, with -9.61 for asset returns.

Based on Pagerduty Inc (PD), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 2.73. The interest coverage ratio of the stock is -10.93.

Currently, EBITDA for the company is -30.16 million with net debt to EBITDA at -2.98. When we switch over and look at the enterprise to sales, we see a ratio of 4.11. The receivables turnover for the company is 6.69for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.07.

Conclusion

In a nutshell, Pagerduty Inc (PD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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