Pagerduty Inc (NYSE: PD) closed the day trading at $22.82 up 2.19% from the previous closing price of $22.33. In other words, the price has increased by $+0.49 from its previous closing price. On the day, 732627 shares were traded.
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 3.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.85. 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 2.12B and an Enterprise Value of 2.01B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 12.33. Its current Enterprise Value per Revenue stands at 4.66 whereas that against EBITDA is -38.00.
Stock Price History:
Over the past 52 weeks, PD has reached a high of $35.06, while it has fallen to a 52-week low of $19.18. The 50-Day Moving Average of the stock is 23.28, while the 200-Day Moving Average is calculated to be 23.03.
Shares Statistics:
Over the past 3-months, PD traded about 1.22M shares per day on average, while over the past 10 days, PD traded about 1.13M 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 92.80% stake in the company. Shares short for PD as of Mar 15, 2024 were 9.9M with a Short Ratio of 7.65, compared to 9.67M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.68% and a Short% of Float of 12.53%.
Earnings Estimates
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.11, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.15, with high estimates of $0.18 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.74 and $0.6 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $0.83, with 10 analysts recommending between $1.05 and $0.7.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for PD’s current fiscal year. The highest revenue estimate was $477.58M, while the lowest revenue estimate was $472.3M, resulting in an average revenue estimate of $474.27M. In the same quarter a year ago, actual revenue was $430.7M, up 10.10% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $540.25M in the next fiscal year. The high estimate is $592M and the low estimate is $522.34M. The average revenue growth estimate for next year is up 13.90% from the average revenue estimate for this year.
