Earnings results for Pagerduty Stock Forecast, Price & News (NYSE:PD)
PagerDuty, Inc. is expected* to report earnings on 09/02/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.15. The reported EPS for the same quarter last year was $-0.17.
Pagerduty last announced its earnings results on June 4th, 2020. The reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.05. The firm had revenue of $49.79 million for the quarter, compared to analyst estimates of $47.99 million. Its quarterly revenue was up 33.4% on a year-over-year basis. Pagerduty has generated ($0.77) earnings per share over the last year. Pagerduty has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.
Analyst Opinion on Pagerduty Stock Forecast, Price & News (NYSE:PD)
10 Wall Street analysts have issued ratings and price targets for Pagerduty in the last 12 months. Their average twelve-month price target is $25.25, predicting that the stock has a possible downside of 31.11%. The high price target for PD is $35.00 and the low price target for PD is $4.50. There are currently 3 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus rating of “Buy.”
Pagerduty has received a consensus rating of Buy. The company’s average rating score is 2.90, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $25.25, Pagerduty has a forecasted downside of 31.1% from its current price of $36.65. Pagerduty has only been the subject of 4 research reports in the past 90 days.
Dividend Strength: Pagerduty Stock Forecast, Price & News (NYSE:PD)
Pagerduty does not currently pay a dividend. Pagerduty does not have a long track record of dividend growth.
Insiders buying/selling: Pagerduty Stock Forecast, Price & News (NYSE:PD)
In the past three months, Pagerduty insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,095,621.00 in company stock. Only 12.60% of the stock of Pagerduty is held by insiders. 76.68% of the stock of Pagerduty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Pagerduty Stock Forecast, Price & News (NYSE:PD
Earnings for Pagerduty are expected to grow in the coming year, from ($0.64) to ($0.56) per share. The P/E ratio of Pagerduty is -55.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Pagerduty is -55.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Pagerduty has a P/B Ratio of 9.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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