PagerDuty (NYSE:PD – Get Free Report) issued its earnings results on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06, Briefing.com reports. PagerDuty had a negative return on equity of 22.02% and a negative net margin of 16.29%. The firm had revenue of $121.45 million for the quarter, compared to analysts’ expectations of $119.53 million. During the same quarter last year, the business earned $0.17 earnings per share. The company’s revenue was up 9.3% compared to the same quarter last year.
PagerDuty Stock Up 17.9 %
Shares of PagerDuty stock opened at $18.41 on Friday. The business’s 50 day simple moving average is $18.24 and its 200 day simple moving average is $18.69. PagerDuty has a 52-week low of $15.49 and a 52-week high of $23.85. The firm has a market cap of $1.66 billion, a PE ratio of -23.01 and a beta of 1.12. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97.
PagerDuty announced that its Board of Directors has initiated a share buyback plan on Thursday, March 13th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.
Analyst Ratings Changes
View Our Latest Research Report on PagerDuty
Insider Activity at PagerDuty
In other PagerDuty news, CEO Jennifer Tejada sold 1,569 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $20.00, for a total transaction of $31,380.00. Following the transaction, the chief executive officer now owns 868,311 shares of the company’s stock, valued at $17,366,220. The trade was a 0.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shelley Webb sold 7,879 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $18.19, for a total value of $143,319.01. Following the transaction, the insider now directly owns 199,122 shares in the company, valued at $3,622,029.18. This trade represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,048 shares of company stock valued at $186,699. 7.60% of the stock is owned by insiders.
PagerDuty Company Profile
PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues.
Featured Stories
- Five stocks we like better than PagerDuty
- Comparing and Trading High PE Ratio Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- How to Profit From Value Investing
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- What is Forex and How Does it Work?
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
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.