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As of close of business last night, Datadog Inc’s stock clocked out at $143.86, up 6.21% from its previous closing price of $135.45. In other words, the price has increased by $6.21 from its previous closing price. On the day, 8.67 million shares were traded. DDOG stock price reached its highest trading level at $145.55 during the session, while it also had its lowest trading level at $139.96.
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 15.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.00. 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 Nov 20 ’24 when SEAN MICHAEL WALTERS bought 4,244 shares for $133.41 per share.
DAVID OBSTLER bought 33,334 shares of DDOG for $4,447,089 on Nov 20 ’24. On Nov 18 ’24, another insider, Jacobson Matthew, who serves as the Director of the company, sold 25,000 shares for $126.01 each. As a result, the insider received 3,150,150 and left with 671,806 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 48872550400 and an Enterprise Value of 46642847744. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 266.31, and their Forward P/E ratio for the next fiscal year is 71.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.27 while its Price-to-Book (P/B) ratio in mrq is 18.56. Its current Enterprise Value per Revenue stands at 18.391 whereas that against EBITDA is 402.611.
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 $98.80. The 50-Day Moving Average of the stock is 16.67%, while the 200-Day Moving Average is calculated to be 18.25%.
Shares Statistics:
It appears that DDOG traded 3.40M shares on average per day over the past three months and 6130510 shares per day over the past ten days. A total of 305.40M shares are outstanding, with a floating share count of 295.84M. Insiders hold about 12.92% of the company’s shares, while institutions hold 71.90% stake in the company. Shares short for DDOG as of 1730332800 were 9796104 with a Short Ratio of 2.88, compared to 1727654400 on 8068420. Therefore, it implies a Short% of Shares Outstanding of 9796104 and a Short% of Float of 3.2300000000000004.
