Datadog Inc (NASDAQ: DDOG) has a price-to-earnings ratio that is above its average at 273.30x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 25 analysts rating it as a “buy,” 12 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for DDOG is 293.74M, and at present, short sellers hold a 2.75% of that float. On October 21, 2024, the average trading volume of DDOG was 3.20M shares.
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DDOG) stock’s latest price update
The stock of Datadog Inc (NASDAQ: DDOG) has decreased by -1.87 when compared to last closing price of 128.12. Despite this, the company has experienced a -2.63% fall in its stock price over the last five trading sessions. fool.com reported 2024-10-21 that Artificial intelligence could be one of the most transformative technologies in history.
DDOG’s Market Performance
DDOG’s stock has fallen by -2.63% in the past week, with a monthly rise of 9.55% and a quarterly rise of 2.04%. The volatility ratio for the week is 2.43% while the volatility levels for the last 30 days are 2.53% for Datadog Inc The simple moving average for the past 20 days is 3.03% for DDOG’s stock, with a 3.52% simple moving average for the past 200 days.
Analysts’ Opinion of DDOG
Many brokerage firms have already submitted their reports for DDOG stocks, with UBS repeating the rating for DDOG by listing it as a “Buy.” The predicted price for DDOG in the upcoming period, according to UBS is $150 based on the research report published on October 18, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see DDOG reach a price target of $150. The rating they have provided for DDOG stocks is “Outperform” according to the report published on October 08th, 2024.
DA Davidson gave a rating of “Buy” to DDOG, setting the target price at $140 in the report published on October 01st of the current year.
DDOG Trading at 7.66% 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 -9.30% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares surge +8.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.50% upper at present.
During the last 5 trading sessions, DDOG fell by -2.17%, which changed the moving average for the period of 200-days by +11.76% in comparison to the 20-day moving average, which settled at $122.05. In addition, Datadog Inc saw 3.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DDOG starting from Shah Shardul, who sale 7,916 shares at the price of $126.67 back on Oct 15 ’24. After this action, Shah Shardul now owns 451,533 shares of Datadog Inc, valued at $1,002,746 using the latest closing price.
Le-Quoc Alexis, the Chief Technology Officer of Datadog Inc, sale 127,105 shares at $129.33 during a trade that took place back on Oct 14 ’24, which means that Le-Quoc Alexis is holding 336,165 shares at $16,439,006 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 17.87. 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
To sum up, Datadog Inc (DDOG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
