Pagerduty Stock Fair Value – PAGERDUTY Reports Third Quarter Fiscal Year 2024 Earnings Results for Year Ending November 30 2023

🌥️Earnings Overview

On October 31, 2023, PAGERDUTY ($NYSE:PD) announced its earnings results for the third quarter of fiscal year 2024, which ended November 30, 2023. Total revenue for the quarter was USD 108.7 million, a year-over-year increase of 15.4%.

Share Price

The announcement saw the company’s stock open at $22.3 and close at $21.8, which was a 0.9% decrease from the previous closing price of $22.0. The company attributed its success to a strong customer base and a broadening suite of products. PAGERDUTY also announced plans for a new product launch in the upcoming quarter that is expected to increase revenue and shareholder value. These initiatives have been positive for shareholders and have resulted in a strong outlook for the next quarter. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Pagerduty. PAGERDUTY_Reports_Third_Quarter_Fiscal_Year_2024_Earnings_Results_for_Year_Ending_November_30_2023″>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Pagerduty. PAGERDUTY_Reports_Third_Quarter_Fiscal_Year_2024_Earnings_Results_for_Year_Ending_November_30_2023″>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Pagerduty. PAGERDUTY_Reports_Third_Quarter_Fiscal_Year_2024_Earnings_Results_for_Year_Ending_November_30_2023″>More…

Key Ratios Snapshot

Some of the financial key ratios for Pagerduty are shown below. PAGERDUTY_Reports_Third_Quarter_Fiscal_Year_2024_Earnings_Results_for_Year_Ending_November_30_2023″>More…

Analysis – Pagerduty Stock Fair Value

GoodWhale has analyzed the fundamentals of PAGERDUTY using our proprietary Valuation Line. Our analysis found that the fair value of PAGERDUTY share is around $42.6. Currently, PAGERDUTY stock is traded at $21.8, meaning that it is significantly undervalued by 48.8%. Therefore, we believe that PAGERDUTY is a good stock to consider investing in. More…

Peers

Its competitors are Easy Software AG, NICE Ltd, and IMINT Image Intelligence AB.

– Easy Software AG ($LTS:0EDB)

The company’s market cap is 88.25M as of 2022 and its ROE is -21.16%. The company is involved in the development, marketing and sales of software products and services. Its products are used by businesses of all sizes, from small businesses to large enterprises.

– NICE Ltd ($BER:NSY)

NICE Ltd is a publicly traded company with a market capitalization of 12.22B as of 2022. The company has a return on equity of 6.6%. NICE Ltd is a provider of enterprise software solutions. The company’s products and services include customer experience management, financial crime and compliance, and operations management.

– IMINT Image Intelligence AB ($LTS:0GCH)

Image Intelligence AB is a Swedish company that specializes in image processing and analysis. The company has a market cap of 187.27M as of 2022 and a Return on Equity of 13.01%. Image Intelligence AB’s main products are software tools for image analysis, which are used in a variety of applications such as medical imaging, security, and surveillance.

Summary

PAGERDUTY reported strong financial results for the third quarter of 2024, with total revenue reaching USD 108.7 million, a 15.4% year-over-year increase. Net income improved significantly from -32.5 million in the same quarter a year earlier to -12.8 million this year. These results suggest that PAGERDUTY is on the right track to becoming a profitable business and is an attractive investment for those looking to capitalize on the company’s growth potential. With a focus on providing innovative solutions and services, PAGERDUTY is positioned to continue to benefit from increased demand in the market.