Peeling Back The Layers: Exploring PagerDuty Through Analyst Insights

5 analysts have shared their evaluations of PagerDuty PD during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for PagerDuty, revealing an average target of $28.8, a high estimate of $31.00, and a low estimate of $23.00. Experiencing a 7.1% decline, the current average is now lower than the previous average price target of $31.00.

Understanding Analyst Ratings: A Comprehensive Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive PagerDuty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PagerDuty. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of PagerDuty compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of PagerDuty's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into PagerDuty's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on PagerDuty analyst ratings.

About PagerDuty

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.

PagerDuty's Financial Performance

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: PagerDuty's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2023, the company achieved a revenue growth rate of approximately 15.41%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -13.91%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): PagerDuty's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.95%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): PagerDuty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.78%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a high debt-to-equity ratio of 2.73, PagerDuty faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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