Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Datadog Inc’s stock clocked out at $163.35, down -1.53% from its previous closing price of $165.88. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 4.51 million shares were traded. DDOG stock price reached its highest trading level at $164.94 during the session, while it also had its lowest trading level at $161.58.
Ratios:
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 17.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 70.40. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on November 08, 2024, Reiterated its Outperform rating but revised its target price to $145 from $135 previously.
On November 07, 2024, Monness Crespi & Hardt Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $155.
BMO Capital Markets reiterated its Outperform rating for the stock on October 25, 2024, while the target price for the stock was revised from $132 to $135.
Insider Transactions:
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 Dec 04 ’24 when Kerry Acocella bought 2,488 shares for $165.88 per share.
Walters Sean Michael sold 8,395 shares of DDOG for $1,277,216 on Dec 02 ’24. The Chief Revenue Officer now owns 166,298 shares after completing the transaction at $152.14 per share. On Dec 02 ’24, another insider, Pomel Olivier, who serves as the Chief Executive Officer of the company, sold 13,053 shares for $152.14 each. As a result, the insider received 1,985,885 and left with 379,693 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DDOG now has a Market Capitalization of 56353300480 and an Enterprise Value of 53264052224. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 302.39, and their Forward P/E ratio for the next fiscal year is 81.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.88 while its Price-to-Book (P/B) ratio in mrq is 21.08. Its current Enterprise Value per Revenue stands at 21.002 whereas that against EBITDA is 459.763.
Stock Price History:
Over the past 52 weeks, DDOG has reached a high of $166.08, while it has fallen to a 52-week low of $98.80. The 50-Day Moving Average of the stock is 24.75%, while the 200-Day Moving Average is calculated to be 33.05%.
Shares Statistics:
It appears that DDOG traded 4.02M shares on average per day over the past three months and 6533570 shares per day over the past ten days. A total of 312.92M shares are outstanding, with a floating share count of 301.05M. Insiders hold about 11.38% of the company’s shares, while institutions hold 75.64% stake in the company. Shares short for DDOG as of 1731628800 were 11365944 with a Short Ratio of 2.83, compared to 1728950400 on 9062445. Therefore, it implies a Short% of Shares Outstanding of 11365944 and a Short% of Float of 3.75.
