The stock of Pagerduty Inc (PD) has seen a -6.19% decrease in the past week, with a 1.69% gain in the past month, and a 5.23% flourish in the past quarter. The volatility ratio for the week is 3.35%, and the volatility levels for the past 30 days are at 3.87% for PD. The simple moving average for the past 20 days is -7.44% for PD’s stock, with a -5.58% simple moving average for the past 200 days.
Is It Worth Investing in Pagerduty Inc (NYSE: PD) Right Now?
Additionally, the 36-month beta value for PD is 1.12. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for PD is 84.57M and currently, short sellers hold a 12.65% ratio of that float. The average trading volume of PD on December 19, 2024 was 929.04K shares.
PD) stock’s latest price update
Pagerduty Inc (NYSE: PD) has experienced a decline in its stock price by -0.08 compared to its previous closing price of 19.02. However, the company has seen a fall of -6.19% in its stock price over the last five trading days. zacks.com reported 2024-12-18 that PD benefits from an expanding clientele and strong demand for AI-driven automation solutions.
Analysts’ Opinion of PD
Many brokerage firms have already submitted their reports for PD stocks, with JP Morgan repeating the rating for PD by listing it as a “Underweight.” The predicted price for PD in the upcoming period, according to JP Morgan is $21 based on the research report published on December 11, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see PD reach a price target of $24. The rating they have provided for PD stocks is “Neutral” according to the report published on July 18th, 2024.
Scotiabank gave a rating of “Sector Perform” to PD, setting the target price at $23 in the report published on June 28th of the current year.
PD Trading at -2.50% 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 -28.82% of loss for the given period.
Volatility was left at 3.87%, however, over the last 30 days, the volatility rate increased by 3.35%, as shares surge +1.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.34% upper at present.
During the last 5 trading sessions, PD fell by -6.05%, which changed the moving average for the period of 200-days by -18.76% in comparison to the 20-day moving average, which settled at $20.53. In addition, Pagerduty Inc saw -17.90% 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 12,500 shares at the price of $20.12 back on Dec 12 ’24. After this action, Tejada Jennifer now owns 907,631 shares of Pagerduty Inc, valued at $251,500 using the latest closing price.
Solomon Dan Alexandru, the Director of Pagerduty Inc, sale 137,700 shares at $20.49 during a trade that took place back on Dec 10 ’24, which means that Solomon Dan Alexandru is holding 2,646,945 shares at $2,821,473 based on the most recent closing price.
Stock Fundamentals for PD
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.81 for the gross margin
The net margin for Pagerduty Inc stands at -0.16. The total capital return value is set at -0.14. Equity return is now at value -53.07, with -8.50 for asset returns.
Based on Pagerduty Inc (PD), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 4.12. The interest coverage ratio of the stock is -9.25.
Currently, EBITDA for the company is -52.8 million with net debt to EBITDA at -4.73. When we switch over and look at the enterprise to sales, we see a ratio of 4.04. The receivables turnover for the company is 6.08for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.
Conclusion
In conclusion, Pagerduty Inc (PD) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
