A new trading day began on Tuesday, with Datadog Inc (NASDAQ: DDOG) stock price up 0.86% from the previous day of trading, before settling in for the closing price of $122.36. DDOG’s price has ranged from $98.80 to $138.61 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 61.97%. Meanwhile, its annual earnings per share averaged 34.11%. With a float of $293.77 million, this company’s outstanding shares have now reached $305.40 million.
Let’s determine the extent of company efficiency that accounts for 5200 employees. In terms of profitability, gross margin is 81.2%, operating margin of 2.86%, and the pretax margin is 8.18%.
Datadog Inc (DDOG) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Datadog Inc is 12.95%, while institutional ownership is 71.94%. The most recent insider transaction that took place on Nov 04 ’24, was worth 10,734,092. In this transaction Chief Executive Officer of this company sold 85,637 shares at a rate of $125.34, taking the stock ownership to the 392,111 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Director proposed sale 85,637 for $123.26, making the entire transaction worth $10,555,617.
Datadog Inc (DDOG) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.55 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.11% per share during the next fiscal year.
Datadog Inc (NASDAQ: DDOG) Trading Performance Indicators
Here are Datadog Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.52. Likewise, its price to free cash flow for the trailing twelve months is 53.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.54, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.00 in one year’s time.
Technical Analysis of Datadog Inc (DDOG)
Looking closely at Datadog Inc (NASDAQ: DDOG), its last 5-days average volume was 6.54 million, which is a jump from its year-to-date volume of 3.82 million. As of the previous 9 days, the stock’s Stochastic %D was 20.39%. Additionally, its Average True Range was 3.99.
During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 68.36%, which indicates a significant increase from 20.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.75% in the past 14 days, which was lower than the 33.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.03, while its 200-day Moving Average is $121.55. However, in the short run, Datadog Inc’s stock first resistance to watch stands at $124.82. Second resistance stands at $126.23. The third major resistance level sits at $128.01. If the price goes on to break the first support level at $121.63, it is likely to go to the next support level at $119.85. Should the price break the second support level, the third support level stands at $118.44.
Datadog Inc (NASDAQ: DDOG) Key Stats
With a market capitalization of 41.91 billion, the company has a total of 337,152K Shares Outstanding. Currently, annual sales are 2,128 M while annual income is 48,570 K. The company’s previous quarter sales were 690,020 K while its latest quarter income was 51,700 K.
