The stock of Datadog Inc (DDOG) has gone down by -1.81% for the week, with a 21.20% rise in the past month and a 36.37% rise in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are 3.68% for DDOG. The simple moving average for the last 20 days is 11.53% for DDOG stock, with a simple moving average of 24.34% for the last 200 days.
Is It Worth Investing in Datadog Inc (NASDAQ: DDOG) Right Now?
Datadog Inc (NASDAQ: DDOG) has a price-to-earnings ratio that is above its average at 281.43x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 29 analysts rating it as a “buy,” 12 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for DDOG is 301.05M, and at present, short sellers hold a 3.78% of that float. On December 02, 2024, the average trading volume of DDOG was 3.87M shares.
DDOG) stock’s latest price update
Datadog Inc (NASDAQ: DDOG) has seen a decline in its stock price by -0.47 in relation to its previous close of 152.75. However, the company has experienced a -1.81% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-02 that Datadog Database Monitoring provides deep and dedicated observability for the five most popular database types NEW YORK, Dec. 2, 2024 /PRNewswire/ — Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today unveiled that its Database Monitoring product now observes MongoDB databases. With today’s announcement, Datadog Database Monitoring supports the five most popular database types—MongoDB, Postgres, MySQL, SQL Server and Oracle.
Analysts’ Opinion of DDOG
Many brokerage firms have already submitted their reports for DDOG stocks, with BMO Capital Markets repeating the rating for DDOG by listing it as a “Outperform.” The predicted price for DDOG in the upcoming period, according to BMO Capital Markets is $145 based on the research report published on November 08, 2024 of the current year 2024.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see DDOG reach a price target of $155. The rating they have provided for DDOG stocks is “Buy” according to the report published on November 07th, 2024.
BMO Capital Markets gave a rating of “Outperform” to DDOG, setting the target price at $135 in the report published on October 25th of the current year.
DDOG Trading at 18.56% 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 -3.46% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares surge +23.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.14% upper at present.
During the last 5 trading sessions, DDOG fell by -2.06%, which changed the moving average for the period of 200-days by +15.02% in comparison to the 20-day moving average, which settled at $136.29. In addition, Datadog Inc saw 25.25% 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 AMIT AGARWAL, who proposed sale 25,000 shares at the price of $154.39 back on Nov 27 ’24. After this action, AMIT AGARWAL now owns shares of Datadog Inc, valued at $3,859,750 using the latest closing price.
Pomel Olivier, the Chief Executive Officer of Datadog Inc, sale 115,356 shares at $156.22 during a trade that took place back on Nov 25 ’24, which means that Pomel Olivier is holding 392,746 shares at $18,020,583 based on the most recent closing price.
Stock Fundamentals for DDOG
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.81 for the gross margin
The net margin for Datadog Inc stands at 0.08. The total capital return value is set at 0.03. Equity return is now at value 8.66, with 4.70 for asset returns.
Based on Datadog Inc (DDOG), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.11. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 23.85.
Currently, EBITDA for the company is 150.21 million with net debt to EBITDA at 4.53. When we switch over and look at the enterprise to sales, we see a ratio of 20.6. The receivables turnover for the company is 5.21for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
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.
