The price-to-earnings ratio for Datadog Inc (NASDAQ: DDOG) is above average at 255.02x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, with 24 analysts rating it as a “buy,” 12 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for DDOG is 293.81M, and currently, short sellers hold a 2.91% ratio of that floaft. The average trading volume of DDOG on September 25, 2024 was 3.39M shares.
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DDOG) stock’s latest price update
Datadog Inc (NASDAQ: DDOG)’s stock price has plunge by 0.94relation to previous closing price of 116.22. Nevertheless, the company has seen a 4.81% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-23 that Recently, Zacks.com users have been paying close attention to Datadog (DDOG). This makes it worthwhile to examine what the stock has in store.
DDOG’s Market Performance
Datadog Inc (DDOG) has experienced a 4.81% rise in stock performance for the past week, with a 0.07% rise in the past month, and a -1.53% drop in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 2.44% for DDOG. The simple moving average for the past 20 days is 4.63% for DDOG’s stock, with a -3.15% simple moving average for the past 200 days.
Analysts’ Opinion of DDOG
BTIG Research, on the other hand, stated in their research note that they expect to see DDOG reach a price target of $143. The rating they have provided for DDOG stocks is “Buy” according to the report published on August 01st, 2024.
Mizuho gave a rating of “Outperform” to DDOG, setting the target price at $155 in the report published on July 16th of the current year.
DDOG Trading at 2.33% 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 -15.37% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +0.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.35% lower at present.
During the last 5 trading sessions, DDOG rose by +4.81%, which changed the moving average for the period of 200-days by +2.62% in comparison to the 20-day moving average, which settled at $112.14. In addition, Datadog Inc saw -3.35% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DDOG starting from Jacobson Matthew, who sale 9,256 shares at the price of $108.05 back on Sep 11 ’24. After this action, Jacobson Matthew now owns 48,411 shares of Datadog Inc, valued at $1,000,123 using the latest closing price.
Walters Sean Michael, the Chief Revenue Officer of Datadog Inc, sale 3,096 shares at $108.66 during a trade that took place back on Sep 11 ’24, which means that Walters Sean Michael is holding 185,834 shares at $336,424 based on the most recent closing price.
Stock Fundamentals for DDOG
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.82 for the gross margin
The net margin for Datadog Inc stands at 0.07. The total capital return value is set at 0.02. Equity return is now at value 8.04, with 4.22 for asset returns.
Based on Datadog Inc (DDOG), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.78. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 16.96.
Currently, EBITDA for the company is 11.0 million with net debt to EBITDA at 3.7. When we switch over and look at the enterprise to sales, we see a ratio of 16.75. The receivables turnover for the company is 4.49for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.
Conclusion
In a nutshell, Datadog Inc (DDOG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
