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Pagerduty Inc (NYSE: PD) closed the day trading at $21.05 up 3.54% from the previous closing price of $20.33. In other words, the price has increased by $3.54 from its previous closing price. On the day, 1.27 million shares were traded. PD stock price reached its highest trading level at $21.48 during the session, while it also had its lowest trading level at $19.94.
Ratios:
For a better understanding of PD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 2.69 whereas as Long-Term Debt/Eq ratio is at 2.65.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on March 18, 2024, Upgraded its rating to Buy and sets its target price to $30 from $25 previously.
On January 24, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $30.
On December 14, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $30.BofA Securities initiated its Buy rating on December 14, 2023, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 04 ’24 when WEBB SHELLEY sold 6,859 shares for $22.39 per share. The transaction valued at 153,595 led to the insider holds 253,439 shares of the business.
REZVAN MITRA sold 2,215 shares of PD for $47,888 on Apr 02 ’24. The SVP Finance & CAO now owns 119,452 shares after completing the transaction at $21.62 per share. On Feb 12 ’24, another insider, Wilson Howard, who serves as the Chief Financial Officer of the company, sold 8,893 shares for $25.09 each. As a result, the insider received 223,125 and left with 507,672 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PD now has a Market Capitalization of 1952421120 and an Enterprise Value of 1782762880. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.53 while its Price-to-Book (P/B) ratio in mrq is 11.38. Its current Enterprise Value per Revenue stands at 4.139 whereas that against EBITDA is -23.471.
Stock Price History:
Over the past 52 weeks, PD has reached a high of $34.22, while it has fallen to a 52-week low of $19.18. The 50-Day Moving Average of the stock is -8.00%, while the 200-Day Moving Average is calculated to be -8.42%.
Shares Statistics:
Over the past 3-months, PD traded about 1.15M shares per day on average, while over the past 10 days, PD traded about 1180500 shares per day. A total of 92.74M shares are outstanding, with a floating share count of 86.71M. Insiders hold about 6.51% of the company’s shares, while institutions hold 95.07% stake in the company. Shares short for PD as of 1711584000 were 9304970 with a Short Ratio of 8.13, compared to 1709164800 on 10137059. Therefore, it implies a Short% of Shares Outstanding of 9304970 and a Short% of Float of 11.77.
