Currently, there are 316.79M common shares owned by the public and among those 301.32M shares have been available to trade.
The company’s stock has a 5-day price change of -11.98% and -15.11% over the past three months. DDOG shares are trading -19.53% year to date (YTD), with the 12-month market performance down to -12.31% lower. 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 4.98 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 -16.37%, -19.09%, and -9.89% respectively.
Institutional ownership of Datadog Inc (NASDAQ: DDOG) shares accounts for 77.52% of the company’s 316.79M shares outstanding.
It has a market capitalization of $39.39B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 223.91, while the earnings-per-share (ttm) stands at $0.51. The company has a PEG of 16.12 and a Quick Ratio of 2.61 with the debt-to-equity ratio at 0.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.91% over the week and 3.74% over the month.
Analysts forecast that Datadog Inc (DDOG) will achieve an EPS of 0.42 for the current quarter, 0.41 for the next quarter and 2.1 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.4 while analysts give the company a high EPS estimate of 0.4. Comparatively, EPS for the current quarter was 0.44 a year ago. Earnings per share for the fiscal year are expected to decrease by -5.46%, and 23.17% over the next financial year.
Stifel was of a view on January 29, 2025 that the stock is Hold, while Cantor Fitzgerald gave the stock Overweight rating on January 17, 2025, issuing a price target of $180. Morgan Stanley on their part issued Equal-Weight rating on January 16, 2025.
