Pagerduty Inc (PD): A Technical Analysis

LTHM Stock

PD has 36-month beta value of 1.06. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”

The public float for PD is 87.36M, and currently, short sellers hold a 12.50% ratio of that float. The average trading volume of PD on November 22, 2024 was 839.88K shares.

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PD) stock’s latest price update

Pagerduty Inc (NYSE: PD) has experienced a rise in its stock price by 5.31 compared to its previous closing price of 18.84. However, the company has seen a gain of 1.22% in its stock price over the last five trading days. 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.

PD’s Market Performance

PD’s stock has risen by 1.22% in the past week, with a monthly rise of 12.60% and a quarterly drop of -1.64%. The volatility ratio for the week is 3.79% while the volatility levels for the last 30 days are 3.10% for Pagerduty Inc The simple moving average for the past 20 days is 4.08% for PD’s stock, with a -2.97% simple moving average for the past 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 7.27% 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 -25.69% of loss for the given period.

Volatility was left at 3.10%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +10.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.02% upper at present.

During the last 5 trading sessions, PD rose by +1.22%, which changed the moving average for the period of 200-days by -16.67% in comparison to the 20-day moving average, which settled at $19.06. In addition, Pagerduty Inc saw -14.30% 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 -67.59 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 4.3. 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

To put it simply, Pagerduty Inc (PD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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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