As of close of business last night, Datadog Inc.’s stock clocked out at 94.51, up 1.00% from its previous closing price of $93.57. In other words, the price has increased by $+0.94 from its previous closing price. On the day, 4140596 shares were traded. DDOG reached its highest trading level at $99.42 during the session, while it also had its lowest trading level at $93.59.
To gain a deeper understanding of DDOG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 81.75. For the most recent quarter (mrq), Quick Ratio is recorded 3.30 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.61.
Upgrades & Downgrades
On September 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $135.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 15 when Richardson Julie sold 3,906 shares for $96.87 per share. The transaction valued at 378,356 led to the insider holds 3,932 shares of the business.
OBSTLER DAVID M sold 2,500 shares of DDOG for $250,625 on Sep 09. The Chief Financial Officer now owns 200,448 shares after completing the transaction at $100.25 per share. On Sep 02, another insider, Pomel Olivier, who serves as the Chief Executive Officer of the company, sold 13,076 shares for $98.18 each. As a result, the insider received 1,283,802 and left with 256,772 shares of the company.
As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5250.56, and their Forward P/E ratio for the next fiscal year is 86.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 110.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.88 while its Price-to-Book (P/B) ratio in mrq is 24.48.
Stock Price History:
Over the past 52 weeks, DDOG has reached a high of $199.68, while it has fallen to a 52-week low of $81.12. The 50-Day Moving Average of the stock is 101.93, while the 200-Day Moving Average is calculated to be 125.45.
It appears that DDOG traded 4.51M shares on average per day over the past three months and 4.15M shares per day over the past ten days. A total of 314.80M shares are outstanding, with a floating share count of 261.66M. Insiders hold about 0.80% of the company’s shares, while institutions hold 80.90% stake in the company. Shares short for DDOG as of Jul 14, 2022 were 9.26M with a Short Ratio of 2.43, compared to 12.54M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.94% and a Short% of Float of 3.36%.
As of right now, 19 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.14, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.16, with high estimates of $0.17 and low estimates of $0.14.
Analysts are recommending an EPS of between $1 and $0.7 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $1.06, with 22 analysts recommending between $1.6 and $0.74.
In the current quarter, 17 analysts expect revenue to total $379.42M. It ranges from a high estimate of $397M to a low estimate of $377.5M. As of the current estimate, Datadog Inc.’s year-ago sales were $233.55M, an estimated increase of 62.50% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $410.29M, an increase of 51.70% less than the figure of $62.50% in the same quarter last year. There is a high estimate of $427.4M for the next quarter, whereas the lowest estimate is $395M.
A total of 23 analysts have provided revenue estimates for DDOG’s current fiscal year. The highest revenue estimate was $1.66B, while the lowest revenue estimate was $1.6B, resulting in an average revenue estimate of $1.62B. In the same quarter a year ago, actual revenue was $1.03B, up 57.30% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $2.23B in the next fiscal year. The high estimate is $2.43B and the low estimate is $2.1B. The average revenue growth estimate for next year is up 37.60% from the average revenue estimate for this year.