What Should Investors Know About Datadog (DDOG) Stock?

One of the losers of today's trading session was Datadog. Shares of the Software company plunged -3.79%, and some investors may be wondering if its price of $71.98 would make a good entry point. Here's what you should know if you are considering this investment:

  • Datadog has moved -41.15% over the last year, and the S&P 500 logged a change of -6.814355%

  • DDOG has an average analyst rating of buy and is -30.04% away from its mean target price of $102.9 per share

  • Its trailing earnings per share (EPS) is $-0.16

  • Datadog has a trailing 12 month Price to Earnings (P/E) ratio of -449.91 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.49 and its forward P/E ratio is 48.31

  • The company has a Price to Book (P/B) ratio of 19.82 in contrast to the S&P 500's average ratio of 2.95

  • Datadog is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23

  • Datadog, Inc. provides an analytics and monitoring platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company is headquartered in New York, New York.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.