Datadog Inc. (NASDAQ:DDOG) went down by -6.53% from its latest closing price compared to the recent 1-year high of $119.43. The company’s stock price has collected -13.93% of loss in the last five trading sessions. Press Release reported on 04/15/21 that Datadog Announces Date of First Quarter Fiscal Year 2021 Earnings Call
Is It Worth Investing in Datadog Inc. (NASDAQ :DDOG) Right Now?
Opinions of the stock are interesting as 10 analysts out of 21 who provided ratings for Datadog Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 11 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $117.88, which is $39.76 above the current price. DDOG currently public float of 206.07M and currently shorts hold a 6.85% ratio of that float. Today, the average trading volume of DDOG was 3.59M shares.
DDOG’s Market Performance
DDOG stocks went down by -13.93% for the week, with a monthly drop of -8.06% and a quarterly performance of -21.24%, while its annual performance rate touched 78.23%. The volatility ratio for the week stands at 4.33% while the volatility levels for the past 30 days are set at 4.80% for Datadog Inc.. The simple moving average for the period of the last 20 days is -10.10% for DDOG stocks with a simple moving average of -14.71% for the last 200 days.
Analysts’ Opinion of DDOG
Many brokerage firms have already submitted their reports for DDOG stocks, with Monness Crespi & Hardt repeating the rating for DDOG by listing it as a “Buy.” The predicted price for DDOG in the upcoming period, according to Monness Crespi & Hardt is $100 based on the research report published on April 01st of the current year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see DDOG reach a price target of $115. The rating they have provided for DDOG stocks is “Neutral” according to the report published on March 16th, 2021.
Truist gave a rating of “Buy” to DDOG, setting the target price at $120 in the report published on January 20th of the current year.
DDOG Trading at -8.82% from the 50-Day Moving Average
After a stumble in the market that brought DDOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.87% of loss for the given period.
Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares sank -3.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.68% lower at present.
During the last 5 trading sessions, DDOG fell by -13.93%, which changed the moving average for the period of 200-days by -6.03% in comparison to the 20-day moving average, which settled at $89.02. In addition, Datadog Inc. saw -18.56% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DDOG starting from OBSTLER DAVID M, who sale 15,000 shares at the price of $92.30 back on Apr 28. After this action, OBSTLER DAVID M now owns 75,000 shares of Datadog Inc., valued at $1,384,560 using the latest closing price.
Agarwal Amit, the Chief Product Officer of Datadog Inc., sale 15,700 shares at $84.64 during a trade that took place back on Apr 21, which means that Agarwal Amit is holding 0 shares at $1,328,869 based on the most recent closing price.
Stock Fundamentals for DDOG
Current profitability levels for the company are sitting at:
- -2.28 for the present operating margin
- +78.43 for the gross margin
The net margin for Datadog Inc. stands at -4.07. The total capital return value is set at -1.13, while invested capital returns managed to touch -2.03. Equity return is now at value -2.70, with -1.50 for asset returns.
Based on Datadog Inc. (DDOG), the company’s capital structure generated 67.22 points at debt to equity in total, while total debt to capital is 40.20. Total debt to assets is 34.05, with long-term debt to equity ratio resting at 65.52. Finally, the long-term debt to capital ratio is 39.18.
When we switch over and look at the enterprise to sales, we see a ratio of 47.55, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 4.37 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.72.