Pagerduty (NYSE:PD) Rating Reiterated by Canaccord Genuity

Canaccord Genuity reaffirmed their buy rating on shares of Pagerduty (NYSE:PD) in a research note published on Tuesday, AnalystRatings.com reports.

A number of other research analysts have also commented on the company. BTIG Research raised their price target on Paypal from $114.00 to $130.00 and gave the company a buy rating in a report on Monday, May 6th. They noted that the move was a valuation call. Piper Jaffray Companies set a $10.00 price target on Mammoth Energy Services and gave the company a buy rating in a report on Friday, June 7th. Raymond James reissued a buy rating on shares of Cineplex in a report on Tuesday, March 19th. Zacks Investment Research raised DLH from a sell rating to a hold rating in a report on Tuesday. Finally, William Blair reissued an outperform rating on shares of Aileron Therapeutics in a report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $42.50.

Shares of NYSE PD opened at $48.58 on Tuesday. Pagerduty has a 1-year low of $36.00 and a 1-year high of $59.82. The stock has a fifty day moving average of $50.77.

Pagerduty (NYSE:PD) last issued its earnings results on Thursday, June 6th. The company reported ($0.22) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.02. The company had revenue of $25.00 million during the quarter, compared to analyst estimates of $34.92 million. During the same period in the prior year, the business earned $37.30 earnings per share. Equities analysts anticipate that Pagerduty will post -0.37 EPS for the current fiscal year.

In other Pagerduty news, insider Dan Alexandru Solomon sold 342,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $22.32, for a total transaction of $7,633,440.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

About Pagerduty

PagerDuty, Inc operates an On-Call Management platform. The company's platform collects signals from software-enabled system or device, correlates and interprets signals to identify events, and engages team members to take action in real time. It serves developer, IT, security, and customer support segments.

Featured Story: What does the Dow Jones Industrial Average (DJIA) measure?

Analyst Recommendations for Pagerduty (NYSE:PD)

Receive News & Ratings for Pagerduty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagerduty and related companies with MarketBeat.com's FREE daily email newsletter.