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, 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.

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Analyst Recommendations for Pagerduty (NYSE:PD)

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