As of close of business last night, Pagerduty Inc’s stock clocked out at $21.98, down -0.32% from its previous closing price of $22.05. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1047932 shares were traded.
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Ratios:
To gain a deeper understanding of PD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.64. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 12 ’24 when Wilson Howard sold 8,893 shares for $25.09 per share. The transaction valued at 223,125 led to the insider holds 507,672 shares of the business.
Wilson Howard sold 5,000 shares of PD for $131,350 on Jan 12 ’24. The Chief Financial Officer now owns 511,565 shares after completing the transaction at $26.27 per share. On Jan 10 ’24, another insider, Wilson Howard, who serves as the Chief Financial Officer of the company, sold 33,782 shares for $25.68 each. As a result, the insider received 867,522 and left with 511,565 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 2.04B and an Enterprise Value of 1.93B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73 while its Price-to-Book (P/B) ratio in mrq is 11.88. Its current Enterprise Value per Revenue stands at 4.48 whereas that against EBITDA is -36.52.
Stock Price History:
Over the past 52 weeks, PD has reached a high of $35.33, while it has fallen to a 52-week low of $19.18. The 50-Day Moving Average of the stock is 23.79, while the 200-Day Moving Average is calculated to be 23.01.
Shares Statistics:
It appears that PD traded 1.39M shares on average per day over the past three months and 1.74M shares per day over the past ten days. A total of 92.74M shares are outstanding, with a floating share count of 87.27M. Insiders hold about 5.91% of the company’s shares, while institutions hold 92.89% stake in the company. Shares short for PD as of Feb 29, 2024 were 10.14M with a Short Ratio of 7.11, compared to 9.75M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.03% and a Short% of Float of 12.96%.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. 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.
