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In the latest session, Datadog Inc (NASDAQ: DDOG) closed at $148.40 up 0.64% from its previous closing price of $147.46. In other words, the price has increased by $0.64 from its previous closing price. On the day, 1.04 million shares were traded. DDOG stock price reached its highest trading level at $148.505 during the session, while it also had its lowest trading level at $147.12.
Ratios:
For a deeper understanding of Datadog Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.37. 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, Macquarie on December 12, 2024, initiated with a Outperform rating and assigned the stock a target price of $200.
On November 08, 2024, BMO Capital Markets reiterated its Outperform rating and also lowered its target price recommendation from $135 to $145.
Monness Crespi & Hardt Upgraded its Neutral to Buy on November 07, 2024, while the target price for the stock was maintained at $155.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’24 when Pomel Olivier sold 19,226 shares for $153.73 per share. The transaction valued at 2,955,531 led to the insider holds 379,693 shares of the business.
OLIVIER POMEL bought 19,226 shares of DDOG for $3,016,752 on Dec 18 ’24. On Dec 16 ’24, another insider, Shah Shardul, who serves as the Director of the company, sold 7,916 shares for $155.25 each. As a result, the insider received 1,228,956 and left with 435,701 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 50414891008 and an Enterprise Value of 48545296384. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 274.71, and their Forward P/E ratio for the next fiscal year is 73.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.00 while its Price-to-Book (P/B) ratio in mrq is 19.15. Its current Enterprise Value per Revenue stands at 19.141 whereas that against EBITDA is 419.032.
Stock Price History:
Over the past 52 weeks, DDOG has reached a high of $170.08, while it has fallen to a 52-week low of $98.80. The 50-Day Moving Average of the stock is 6.31%, while the 200-Day Moving Average is calculated to be 19.18%.
Shares Statistics:
For the past three months, DDOG has traded an average of 4.54M shares per day and 5228460 over the past ten days. A total of 312.92M shares are outstanding, with a floating share count of 301.23M. Insiders hold about 11.33% of the company’s shares, while institutions hold 75.71% stake in the company. Shares short for DDOG as of 1732838400 were 16023589 with a Short Ratio of 3.40, compared to 1730332800 on 9796104. Therefore, it implies a Short% of Shares Outstanding of 16023589 and a Short% of Float of 5.2800003.
