PD Stock Summary and Trading Ideas (Pagerduty | NYSE:PD)

PagerDuty Inc is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its platform harnesses digital signals from virtually any software-enabled system or device and combines it with human response data to take the right actions in real-time. The product offerings of the company include PagerDuty Incident Management, DevOps, AIOPs, Process Automation, and Customer Service Operations.

Pagerduty trades on the NYSE stock market under the symbol PD.

As of April 19, 2024, PD stock price declined to $20.61 with 854,887 million shares trading.

PD has a beta of 1.44, meaning it tends to be more sensitive to market movements. PD has a correlation of 0.17 to the broad based SPY ETF.

PD has a market cap of $1.91 billion. This is considered a Small Cap stock.

Last quarter Pagerduty reported $111 million in Revenue and $.17 earnings per share. This beat revenue expectation by $717,000 and exceeded earnings estimates by $.02.

In the last 3 years, PD stock traded as high as $50.33 and as low as $19.18.

The top ETF exchange traded funds that PD belongs to (by Net Assets): ARKK, VTI, VB, IWM, VGT.

PD has underperformed the market in the last year with a price return of -40.9% while the SPY ETF gained +21.2%. PD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.3% and -8.3%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

PD support price is $20.21 and resistance is $21.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PD stock will trade within this expected range on the day.