Large-cap technology company Datadog has moved 1.3% this evening, reaching $81.47 per share. In contrast, the average analyst target price for the stock is $105.63.
Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company is based in the United States.
Make Sure to Consider the Following Before Buying Datadog:
-
Datadog has moved 1.0% over the last year.
-
DDOG has a forward P/E ratio of 49.7 based on its EPS guidance of 1.64.
-
The company has a price to earnings growth (PEG) ratio of 2.02.
-
Its Price to Book (P/B) ratio is 16.03
Datadog Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 485,004 | 30,838 | 454,166 | 18.54 |
| 2022 | 418,407 | 35,261 | 383,146 | 38.53 |
| 2021 | 286,545 | 9,956 | 276,589 | 166.78 |
| 2020 | 109,091 | 5,415 | 103,676 | 849.5 |
| 2019 | 24,234 | 13,315 | 10,919 |
Datadog's free cash flow history is impressive because it displays year-on-year increases over the last 5 years. Averaging out at $245.7 Million, and following a compounded average growth rate of 110.8%, investors who focus on cash flow growth should do further research on this firm.
