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As of close of business last night, Datadog Inc’s stock clocked out at $131.28, down -0.36% from its previous closing price of $131.75. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 1.77 million shares were traded. DDOG stock price reached its highest trading level at $133.15 during the session, while it also had its lowest trading level at $130.83.
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 15.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.25. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.38. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
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 the company, Monness Crespi & Hardt on June 14, 2024, Downgraded its rating to Sell and sets its target price to $240 from $290 previously.
On May 30, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $143 to $155.
Robert W. Baird Upgraded its Neutral to Outperform on May 08, 2024, whereas the target price for the stock was revised from $130 to $140.
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 Jul 01 ’24 when Le-Quoc Alexis sold 127,105 shares for $130.75 per share. The transaction valued at 16,619,448 led to the insider holds 279,025 shares of the business.
Walters Sean Michael sold 2,351 shares of DDOG for $293,875 on Jun 27 ’24. The Chief Revenue Officer now owns 197,421 shares after completing the transaction at $125.00 per share. On Jun 27 ’24, another insider, De Madre Armelle, who serves as the Chief People Officer of the company, sold 1,749 shares for $125.00 each. As a result, the insider received 218,625 and left with 92,025 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 43986620416 and an Enterprise Value of 42162790400. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 404.19, and their Forward P/E ratio for the next fiscal year is 69.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 25.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.45 while its Price-to-Book (P/B) ratio in mrq is 19.91. Its current Enterprise Value per Revenue stands at 18.673 whereas that against EBITDA is 802.398.
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 9.17%, while the 200-Day Moving Average is calculated to be 13.98%.
Shares Statistics:
It appears that DDOG traded 4.02M shares on average per day over the past three months and 3787280 shares per day over the past ten days. A total of 305.40M shares are outstanding, with a floating share count of 279.03M. Insiders hold about 16.58% of the company’s shares, while institutions hold 71.50% stake in the company. Shares short for DDOG as of 1718323200 were 9768834 with a Short Ratio of 2.43, compared to 1715731200 on 9997000. Therefore, it implies a Short% of Shares Outstanding of 9768834 and a Short% of Float of 3.27.
