Navigating 4 Analyst Ratings For PagerDuty

During the last three months, 4 analysts shared their evaluations of PagerDuty PD, revealing diverse outlooks from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $27.25, a high estimate of $30.00, and a low estimate of $22.00. Witnessing a positive shift, the current average has risen by 2.17% from the previous average price target of $26.67.

Investigating Analyst Ratings: An Elaborate Study

The standing of PagerDuty among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PagerDuty. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PagerDuty compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PagerDuty's stock. This examination reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of PagerDuty's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on PagerDuty analyst ratings.

Get to Know PagerDuty Better

PagerDuty is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its platform harnesses digital signals from virtually any software-enabled system or device, combines it with human response data, and orchestrates teams to take the right actions in real-time. The product offerings of the company include DEVOPS, AIOPS, PROCESS AUTOMATION and BUSINESS OPERATIONS.

Unraveling the Financial Story of PagerDuty

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, PagerDuty showcased positive performance, achieving a revenue growth rate of 15.41% as of 31 October, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -13.91%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): PagerDuty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -6.95%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): PagerDuty's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.78%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: PagerDuty's debt-to-equity ratio surpasses industry norms, standing at 2.73. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.