Evaluating PagerDuty: Insights From 13 Financial Analysts
Portfolio Pulse from Benzinga Insights
PagerDuty (NYSE:PD) has received mixed analyst ratings over the past three months, with a shift towards more bullish sentiments recently. The average 12-month price target has decreased by 9.76% to $22.38. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite impressive revenue growth, PagerDuty faces challenges with its net margin, ROE, and high debt-to-equity ratio.
September 04, 2024 | 7:00 pm
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NEUTRAL IMPACT
PagerDuty has seen a shift towards more bullish analyst ratings recently, with 3 out of 4 ratings in the last 30 days being bullish. However, the average 12-month price target has decreased by 9.76% to $22.38, indicating tempered expectations. The company shows strong revenue growth but faces challenges with its net margin, ROE, and high debt-to-equity ratio.
The shift towards more bullish ratings suggests positive sentiment, but the decrease in average price target indicates caution. The company's strong revenue growth is a positive sign, but challenges with net margin, ROE, and high debt levels could impact investor confidence. These mixed signals result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100