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After finishing at $126.00 in the prior trading day, Datadog Inc (NASDAQ: DDOG) closed at $126.22, up 0.17%. In other words, the price has increased by $0.17 from its previous closing price. On the day, 2.49 million shares were traded. DDOG stock price reached its highest trading level at $127.91 during the session, while it also had its lowest trading level at $124.79.
Ratios:
Our goal is to gain a better understanding of DDOG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Exane BNP Paribas on October 08, 2024, initiated with a Outperform rating and assigned the stock a target price of $150.
On October 01, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $115 to $140.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 15 ’24 when Shah Shardul sold 7,916 shares for $126.67 per share. The transaction valued at 1,002,746 led to the insider holds 451,533 shares of the business.
Le-Quoc Alexis sold 127,105 shares of DDOG for $16,439,006 on Oct 14 ’24. The Chief Technology Officer now owns 336,165 shares after completing the transaction at $129.33 per share. On Oct 11 ’24, another insider, OBSTLER DAVID M, who serves as the Chief Financial Officer of the company, sold 33,333 shares for $130.39 each. As a result, the insider received 4,346,340 and left with 314,158 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 42555326464 and an Enterprise Value of 40557625344. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 274.39, and their Forward P/E ratio for the next fiscal year is 64.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.78 while its Price-to-Book (P/B) ratio in mrq is 17.66. Its current Enterprise Value per Revenue stands at 16.943 whereas that against EBITDA is 455.397.
Stock Price History:
Over the past 52 weeks, DDOG has reached a high of $138.61, while it has fallen to a 52-week low of $77.81. The 50-Day Moving Average of the stock is 8.60%, while the 200-Day Moving Average is calculated to be 4.05%.
Shares Statistics:
The stock has traded on average 3.27M shares per day over the past 3-months and 3296260 shares per day over the last 10 days, according to various share statistics. A total of 305.40M shares are outstanding, with a floating share count of 293.74M. Insiders hold about 12.88% of the company’s shares, while institutions hold 72.15% stake in the company. Shares short for DDOG as of 1727654400 were 8068420 with a Short Ratio of 2.47, compared to 1724976000 on 8537016. Therefore, it implies a Short% of Shares Outstanding of 8068420 and a Short% of Float of 2.6800001.
