Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Datadog Inc (NASDAQ: DDOG) closed at $113.42 down -2.24% from its previous closing price of $116.02. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 1.77 million shares were traded. DDOG stock price reached its highest trading level at $116.49 during the session, while it also had its lowest trading level at $112.28.
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 12.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.51. 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.
On August 01, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $143.
Mizuho Upgraded its Neutral to Outperform on July 16, 2024, whereas the target price for the stock was revised from $135 to $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 Aug 12 ’24 when Le-Quoc Alexis sold 127,105 shares for $111.66 per share. The transaction valued at 14,192,586 led to the insider holds 347,684 shares of the business.
ALEXIS T LEQUOC bought 127,105 shares of DDOG for $14,271,349 on Aug 12 ’24. On Aug 05 ’24, another insider, Pomel Olivier, who serves as the Chief Executive Officer of the company, sold 85,637 shares for $104.21 each. As a result, the insider received 8,924,434 and left with 405,314 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 39116402688 and an Enterprise Value of 36242075648. As of this moment, Datadog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 246.57, and their Forward P/E ratio for the next fiscal year is 58.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.97 while its Price-to-Book (P/B) ratio in mrq is 15.87. Its current Enterprise Value per Revenue stands at 15.141 whereas that against EBITDA is 406.94.
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 -5.12%, while the 200-Day Moving Average is calculated to be -6.36%.
Shares Statistics:
For the past three months, DDOG has traded an average of 3.78M shares per day and 2190550 over the past ten days. A total of 305.40M shares are outstanding, with a floating share count of 293.58M. Insiders hold about 12.92% of the company’s shares, while institutions hold 72.11% stake in the company. Shares short for DDOG as of 1723680000 were 8503237 with a Short Ratio of 2.25, compared to 1721001600 on 9852980. Therefore, it implies a Short% of Shares Outstanding of 8503237 and a Short% of Float of 2.8199999.
Earnings Estimates
Datadog Inc (DDOG) is presently subject to a detailed evaluation by 36.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.39, with high estimates of $0.53 and low estimates of $0.18.
Analysts are recommending an EPS of between $1.66 and $1.61 for the fiscal current year, implying an average EPS of $1.65. EPS for the following year is $1.95, with 38.0 analysts recommending between $2.69 and $1.73.
Revenue Estimates
A total of 36 analysts believe the company’s revenue will be $664.55M this quarter.It ranges from a high estimate of $694.36M to a low estimate of $661.9M. As of the current estimate, Datadog Inc’s year-ago sales were $547.54MFor the next quarter, 36 analysts are estimating revenue of $710.78M. There is a high estimate of $766.54M for the next quarter, whereas the lowest estimate is $701.8M.
A total of 39 analysts have provided revenue estimates for DDOG’s current fiscal year. The highest revenue estimate was $2.72B, while the lowest revenue estimate was $2.62B, resulting in an average revenue estimate of $2.63B. In the same quarter a year ago, actual revenue was $2.13BBased on 39 analysts’ estimates, the company’s revenue will be $3.22B in the next fiscal year. The high estimate is $3.59B and the low estimate is $3.04B.
