Currently, there are 312.92M common shares owned by the public and among those 301.25M shares have been available to trade.
The company’s stock has a 5-day price change of 9.75% and 22.60% over the past three months. DDOG shares are trading 6.30% year to date (YTD), with the 12-month market performance up to 24.31% higher. It has a 12-month low price of $98.80 and touched a high of $170.08 over the same period. DDOG has an average intraday trading volume of 4.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.03%, 3.69%, and 20.06% respectively.
Institutional ownership of Datadog Inc (NASDAQ: DDOG) shares accounts for 76.75% of the company’s 312.92M shares outstanding.
It has a market capitalization of $51.60B and a beta (3y monthly) value of 1.15. The stock’s trailing 12-month PE ratio is 281.17, while the earnings-per-share (ttm) stands at $0.54. The company has a PEG of 12.35 and a Quick Ratio of 2.10 with the debt-to-equity ratio at 0.37. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.18% over the week and 2.79% over the month.
Earnings per share for the fiscal year are expected to increase by 34.22%, and 13.97% over the next financial year.
Looking at the support for the DDOG, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Overweight rating for the stock in a research note on January 17, 2025, with the firm’s price target at $180. Morgan Stanley coverage for the Datadog Inc (DDOG) stock in a research note released on January 16, 2025 offered a Equal-Weight rating with a price target of $143. Truist was of a view on January 07, 2025 that the stock is Hold, while Macquarie gave the stock Outperform rating on December 12, 2024, issuing a price target of $200. BMO Capital Markets on their part issued Outperform rating on November 08, 2024.
