The stock of Pagerduty Inc (NYSE: PD) has decreased by -1.42 when compared to last closing price of 18.26.Despite this, the company has seen a loss of -2.33% 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.
Is It Worth Investing in Pagerduty Inc (NYSE: PD) Right Now?
The 36-month beta value for PD is also noteworthy at 1.13. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for PD is 84.50M, and at present, short sellers hold a 12.46% of that float. The average trading volume of PD on January 03, 2025 was 980.10K shares.
PD’s Market Performance
The stock of Pagerduty Inc (PD) has seen a -2.33% decrease in the past week, with a -16.86% drop in the past month, and a 0.17% gain in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 3.18% for PD. The simple moving average for the last 20 days is -7.41% for PD’s stock, with a simple moving average of -9.66% for the last 200 days.
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 previous 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 previous year.
PD Trading at -7.33% 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 -32.58% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -15.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.26% lower at present.
During the last 5 trading sessions, PD fell by -2.33%, which changed the moving average for the period of 200-days by -18.77% in comparison to the 20-day moving average, which settled at $19.44. In addition, Pagerduty Inc saw -1.42% 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 MITRA REZVAN, who proposed sale 37,617 shares at the price of $17.90 back on Jan 02 ’25. After this action, MITRA REZVAN now owns shares of Pagerduty Inc, valued at $673,325 using the latest closing price.
MITRA REZVAN, the Former Officer and Director of Pagerduty Inc, proposed sale 111,383 shares at $18.38 during a trade that took place back on Dec 26 ’24, which means that MITRA REZVAN is holding shares at $2,046,930 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 3.84. 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 summary, Pagerduty Inc (PD) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
