Pagerduty Inc Stock Research

Market Summary

USD31.95+4.11

Market Closed

14.76%

PD Alerts

2 major insider sales recently.

PD Stock Price

PD RSI Chart

PD Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

-21.49

Price/Sales (Trailing)

8.19

EV/EBITDA

-22.75

Price/Free Cashflow

-561.21

PD Price/Sales (Trailing)

PD Profitability

EBT Margin

-38.54%

Return on Equity

-55.23%

Return on Assets

-16.93%

Free Cashflow Yield

-0.18%

PD Fundamentals

PD Revenue

Revenue (TTM)

348.3M

Revenue Y/Y

31.28%

Revenue Q/Q

4.38%

PD Earnings

Earnings (TTM)

-132.8M

Earnings Y/Y

-23.54%

Earnings Q/Q

15.47%

Price Action

52 Week Range

19.5138.75

(Low)(High)

Last 7 days

-7.1%

Last 30 days

-7.1%

Last 90 days

5.3%

Trailing 12 Months

12.3%

PD Financial Health

Current Ratio

2.37

Debt/Equity

1.2

Debt/Cashflow

0.01

PD Investor Care

Shares Dilution (1Y)

4.93%

Diluted EPS (TTM)

-1.51

Peers (Alternatives to Pagerduty)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	2.1T	204.1B	-1.92%	-6.89%	30.5	10.08	10.38%	-5.25%
ORCL	228.6B	46.1B	-7.20%	4.35%	25.98	4.96	11.29%	-14.28%
CRM	186.7B	31.4B	6.91%	-6.75%	897.78	5.96	19.41%	-85.60%
ADBE	163.2B	17.6B	-11.04%	-20.88%	34.32	9.27	11.54%	-1.37%
ZM	20.9B	4.4B	-7.13%	-28.23%	201.15	4.75	7.15%	-92.46%
AZPN	12.1B	-	-3.12%	49.09%	44.35	17.39	-	-
MID-CAP
PLAN	9.6B	631.5M	-1.97%	16.85%	-45.68	15.19	33.30%	-26.60%
MANH	8.9B	767.1M	-2.98%	9.04%	69.2	11.63	15.59%	16.73%
GWRE	6.5B	869.9M	3.14%	-9.62%	-33	7.53	13.87%	-103.37%
APPN	3.1B	468.0M	2.00%	-15.48%	-20.53	6.62	26.74%	-70.26%
PING	2.4B	308.3M	1.17%	7.67%	-23.16	7.93	13.75%	-237.98%
SMALL-CAP
ZUO	1.2B	383.7M	4.07%	-32.35%	-9.91	3.24	14.43%	-50.89%
YEXT	1.2B	399.9M	30.95%	57.36%	-14.32	2.91	4.73%	8.15%
UPLD	152.1M	317.3M	-43.48%	-70.17%	-2.22	0.48	5.06%	-17.52%

Financials for Pagerduty

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	6.9%	348,336,000	325,893,000	303,176,000	281,396,000	262,171,000
Gross Profit	6.2%	282,318,000	265,843,000	249,517,000	233,035,000	218,337,000
Operating Expenses	6.2%	412,404,000	388,204,000	362,447,000	334,746,000	311,243,000
S&GA Expenses	3.9%	186,401,000	179,459,000	169,942,000	161,624,000	152,108,000
R&D Expenses	8.9%	127,935,000	117,485,000	106,380,000	95,690,000	85,923,000
EBITDA	-3.8%	-113,864,000	-109,738,000	-103,210,000	-	-
EBITDA Margin	2.9%	-0.33	-0.34	-0.34	-	-
Earnings Before Taxes	-5.1%	-134,263,000	-127,762,000	-118,591,000	-106,920,000	-99,876,000
EBT Margin	1.7%	-0.39	-0.39	-0.39	-	-
Interest Expenses	0.2%	5,425,000	5,415,000	5,406,000	5,398,000	8,269,000
Net Income	-4.9%	-132,756,000	-126,555,000	-117,717,000	-107,455,000	-100,708,000
Net Income Margin	1.9%	-0.38	-0.39	-0.39	-	-
Free Cahsflow	-305.0%	-5,083,000	-1,255,000	-15,193,000	-	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.1%	784	785	785	806	782
Current Assets	0.7%	564	560	558	645	626
Cash Equivalents	-5.7%	262	278	274	350	360
Net PPE	-0.9%	18.00	19.00	18.00	18.00	15.00
Goodwill	0%	119	119	119	72.00	72.00
Liabilities	1.8%	542	533	529	539	509
Current Liabilities	5.0%	237	226	220	227	196
Long Term Debt	-	300	-	-	-	-
Shareholder's Equity	-4.0%	240	250	256	267	273
Retained Earnings	-7.7%	-452	-420	-381	-348	-319
Additional Paid-In Capital	3.6%	696	672	639	616	594
Accumulated Depreciation	-	15.00	-	-	-	-
Shares Outstanding	1.3%	89.00	88.00	87.00	87.00	85.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-80.4%	1.00	4.00	-10.58	-6.02	-3.98
Share Based Compensation	14.4%	109	95.00	81.00	70.00	59.00
Cashflow From Investing	-15.4%	-92.05	-79.73	-40.36	17.00	26.00
Cashflow From Financing	-3178.9%	-5.61	-0.17	-1.22	-0.74	1.00

Risks for PD

What is the probability of a big loss on PD?

92.8%

Probability that Pagerduty stock will be more than 20% underwater in next one year

90.3%

Probability that Pagerduty stock will be more than 30% underwater in next one year.

66.2%

Probability that Pagerduty stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Pagerduty was unfortunately bought at previous high price.

Drawdowns

Returns for PD

Cumulative Returns on PD

21.3%

3-Year Cumulative Returns

Which funds bought or sold PD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-85.00	-1,145,800	239,199	-%
2023-03-10	BAILLIE GIFFORD & CO	unchanged	-	2,006	15,006	-%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-12.83	1,000	145,000	-%
2023-02-28	Voya Investment Management LLC	reduced	-2.58	93,431	865,431	-%
2023-02-21	MACQUARIE GROUP LTD	reduced	-17.81	-214,000	3,011,000	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	80,909	616,909	-%
2023-02-17	TRUIST FINANCIAL CORP	reduced	-40.75	-710,297	1,192,700	-%
2023-02-16	HARBOUR INVESTMENTS, INC.	unchanged	-	62.00	1,062	-%
2023-02-16	AXXCESS WEALTH MANAGEMENT, LLC	reduced	-40.62	-99,262	214,738	0.02%
2023-02-15	Clay Northam Wealth Management, LLC	reduced	-2.13	114,966	1,020,970	1.18%

Latest Funds Activity

Are funds buying PD calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PD

No. of Funds

PD Alerts

2 major insider sales recently.

Pagerduty News

Schedule 13G FIlings of Pagerduty

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	william blair investment management, llc	5.4%	4,886,613	SC 13G
Feb 09, 2023	vanguard group inc	8.96%	8,057,944	SC 13G/A
Feb 03, 2023	sumitomo mitsui trust holdings, inc.	5.95%	5,361,415	SC 13G/A
Jan 24, 2023	blackrock inc.	9.3%	8,376,760	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	0.0%	82,520	SC 13G/A
Feb 14, 2022	nikko asset management americas, inc.	7.19%	6,178,820	SC 13G/A
Feb 09, 2022	ark investment management llc	11.65%	10,020,916	SC 13G/A
Feb 07, 2022	blackrock inc.	9.3%	8,004,118	SC 13G/A
Feb 04, 2022	sumitomo mitsui trust holdings, inc.	7.18%	6,178,820	SC 13G/A
Oct 12, 2021	ark investment management llc	11.77%	9,996,968	SC 13G/A

PD Fair Value

Pagerduty fair value in different scenarios

The table shows the Fair Value estimates for Pagerduty for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	1.06 -96.68%	1.74 -94.55%	3.60 -88.73%	5.85 -81.69%	8.01 -74.93%
Current Inflation	1.01 -96.84%	1.62 -94.93%	3.24 -89.86%	5.18 -83.79%	7.03 -78.00%
Very High Inflation	0.95 -97.03%	1.47 -95.40%	2.81 -91.21%	4.39 -86.26%	5.90 -81.53%

Historical Pagerduty Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Pagerduty

View All Filings

Date Filed	Form Type	Document
Mar 16, 2023	10-K	Annual Report
Mar 16, 2023	S-8	Employee Benefits Plan
Mar 15, 2023	8-K	Current Report
Mar 03, 2023	4	Insider Trading
Mar 01, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	SC 13G	Major Ownership Report

Latest Insider Trading transactions for PD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-03	WEBB SHELLEY	sold	-17,483	30.04	-582	svp and general counsel
2023-03-01	WEBB SHELLEY	sold	-42,114	30.06	-1,401	svp and general counsel
2023-02-27	Wilson Howard	acquired	148,600	7.43	20,000	chief financial officer
2023-02-27	Wilson Howard	sold	-583,800	29.19	-20,000	chief financial officer
2023-02-09	Tejada Jennifer	acquired	150,000	2.00	75,000	chief executive officer
2023-02-09	Tejada Jennifer	sold	-2,290,520	30.5403	-75,000	chief executive officer
2023-02-01	WEBB SHELLEY	sold	-59,589	30.05	-1,983	svp and general counsel
2023-01-27	Wilson Howard	acquired	148,600	7.43	20,000	chief financial officer
2023-01-27	WEBB SHELLEY	sold	-189,480	30.00	-6,316	svp and general counsel
2023-01-27	Wilson Howard	sold	-590,479	29.5239	-20,000	chief financial officer

About Pagerduty

Jennifer Tejada

www.pagerduty.com

950

PagerDuty, Inc. operates a digital operations management platform in the United States and internationally. Its digital operations management platform collects data digital signals from virtually any software-enabled system or device, and leverage powerful machine learning to correlate, process, and predict opportunities and issues. It serves various industries, including software and technology, telecommunications, retail, travel and hospitality, media and entertainment, and financial services. PagerDuty, Inc. was founded in 2009 and is headquartered in San Francisco, California.

PD Income Statement

2022-10-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2022	Oct. 31, 2021
Income Statement [Abstract]
Revenue	$ 94,203	$ 71,760	$ 269,827	$ 202,887
Cost of revenue	18,007	12,039	52,090	34,433
Gross profit	76,196	59,721	217,737	168,454
Operating expenses:
Research and development	35,004	24,554	100,307	68,062
Sales and marketing	47,118	40,176	143,001	118,224
General and administrative	26,616	19,808	77,316	56,680
Total operating expenses	108,738	84,538	320,624	242,966
Loss from operations	(32,542)	(24,817)	(102,887)	(74,512)
Interest income	1,382	705	2,760	2,306
Interest expense	(1,360)	(1,350)	(4,072)	(4,045)
Other expense, net	(172)	(729)	(1,326)	(1,931)
Loss before (provision for) benefit from income taxes	(32,692)	(26,191)	(105,525)	(78,182)
(Provision for) benefit from income taxes	(112)	(150)	1,302	(378)
Net loss	(32,804)	(26,341)	(104,223)	(78,560)
Net loss attributable to redeemable non-controlling interest	(262)	0	(362)	0
Net loss attributable to PagerDuty, Inc.	$ (32,542)	$ (26,341)	$ (103,861)	$ (78,560)
Net loss per share, basic, attributable to PagerDuty, Inc. (in dollars per share)	$ (0.36)	$ (0.31)	$ (1.18)	$ (0.94)
Net loss per share, diluted, attributable to PagerDuty, Inc. (in dollars per share)	$ (0.36)	$ (0.31)	$ (1.18)	$ (0.94)
Weighted average shares used in calculating net loss per share, basic (in shares)	89,285	85,092	88,200	83,979
Weighted average shares used in calculating net loss per share, diluted (in shares)	89,285	85,092	88,200	83,979

PD Balance Sheet

2022-10-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2022	Jan. 31, 2022
Current assets:
Cash and cash equivalents	$ 262,333	$ 349,785
Investments	197,104	193,571
Accounts receivable, net of allowance for credit losses of $1,515 and $1,809 as of October 31, 2022 and January 31, 2022, respectively	72,628	75,279
Deferred contract costs, current	18,007	16,672
Prepaid expenses and other current assets	13,545	9,777
Total current assets	563,617	645,084
Property and equipment, net	18,339	18,229
Deferred contract costs, non-current	26,968	26,159
Lease right-of-use assets	15,141	20,227
Goodwill	118,862	72,126
Intangible assets, net	40,029	23,133
Other assets	1,054	1,490
Total assets	784,010	806,448
Current liabilities:
Accounts payable	7,692	9,505
Accrued expenses and other current liabilities	12,884	13,640
Accrued compensation	34,955	35,327
Deferred revenue, current	175,380	162,881
Lease liabilities, current	6,438	5,637
Total current liabilities	237,349	226,990
Convertible senior notes, net	282,445	281,069
Deferred revenue, non-current	4,335	7,343
Lease liabilities, non-current	14,155	20,912
Other liabilities	3,826	3,159
Total liabilities	542,110	539,473
Commitments and contingencies (Note 12)
Redeemable non-controlling interest (Note 3)	1,551	0
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	696,169	616,467
Accumulated other comprehensive loss	(3,136)	(669)
Accumulated deficit	(452,684)	(348,823)
Total stockholders’ equity	240,349	266,975
Total liabilities, redeemable non-controlling interest, and stockholders’ equity	$ 784,010	$ 806,448