On Monday, Datadog Inc (NASDAQ: DDOG) was 0.09% up from the session before settling in for the closing price of $152.75. A 52-week range for DDOG has been $98.80 – $157.48.
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A company in the Technology sector has jumped its sales by 61.97% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 34.09%. With a float of $301.05 million, this company’s outstanding shares have now reached $312.92 million.
In an organization with 5200 employees, it is important to assess its efficiency. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Datadog Inc stocks. The insider ownership of Datadog Inc is 11.38%, while institutional ownership is 75.57%. The most recent insider transaction that took place on Dec 02 ’24, was worth 1,310,525. Before that another transaction happened on Dec 02 ’24, when Company’s Officer and Director proposed sale 13,145 for $155.00, making the entire transaction worth $2,037,475.
Datadog Inc (DDOG) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.44 earnings per share (EPS) during the time that was better than consensus figure (set at 0.44) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.09% per share during the next fiscal year.
Datadog Inc (NASDAQ: DDOG) Trading Performance Indicators
You can see what Datadog Inc (DDOG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.58. Likewise, its price to free cash flow for the trailing twelve months is 66.23.
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 2.01 in one year’s time.
Technical Analysis of Datadog Inc (DDOG)
Let’s dig in a bit further. During the last 5-days, its volume was 4.47 million. That was better than the volume of 3.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.81%. Additionally, its Average True Range was 4.95.
During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 92.16%, which indicates a significant increase from 87.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.35% in the past 14 days, which was higher than the 37.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $128.25, while its 200-day Moving Average is $122.27. However, in the short run, Datadog Inc’s stock first resistance to watch stands at $153.85. Second resistance stands at $154.81. The third major resistance level sits at $156.14. If the price goes on to break the first support level at $151.55, it is likely to go to the next support level at $150.22. Assuming the price breaks the second support level, the third support level stands at $149.26.
Datadog Inc (NASDAQ: DDOG) Key Stats
There are 339,723K outstanding shares of the company, which has a market capitalization of 52.21 billion. As of now, sales total 2,128 M while income totals 48,570 K. Its latest quarter income was 690,020 K while its last quarter net income were 51,700 K.
