Is PagerDuty (PD) Worth a Look After the Recent Correction?

By Harris Dyer • Saturday, June 03 12:19 • Permanent Link

Shares of the Computer retail company plunged -17.1% Saturday, and some investors may be wondering if its price of $23.0 would make a good entry point. Here's what you should know if you are considering this investment:

PagerDuty has moved -13.8% over the last year, and the S&P 500 logged a change of 3.9%
PD has an average analyst rating of buy and is -33.41% away from its mean target price of $34.54 per share
Its trailing earnings per share (EPS) is $-1.49
PagerDuty has a trailing 12 month Price to Earnings (P/E) ratio of -15.4 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $0.65 and its forward P/E ratio is 35.4
The company has a Price to Book (P/B) ratio of 8.7 in contrast to the S&P 500's average ratio of 2.95
PagerDuty is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
PagerDuty, Inc. engages in the operation of a digital operations management platform in the United States, EMEA, the Asia Pacific, and Japan.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.