Datadog -- The Essentials

By Harris Dyer • Tuesday, December 19 15:57 • Permanent Link

Datadog logged a -0.7% change during today's afternoon session, and is now trading at a price of $122.4 per share. The S&P 500 index moved 1.0%. DDOG's trading volume is 2,342,667 compared to the stock's average volume of 4,345,944.

Datadog trades 3.02% away from its average analyst target price of $118.81 per share. The 32 analysts following the stock have set target prices ranging from $95.0 to $140.0, and on average have given Datadog a rating of buy.

Anyone interested in buying DDOG should be aware of the facts below:

Datadog has moved 62.2% over the last year, and the S&P 500 logged a change of 24.0%
Based on its trailing earnings per share of -0.11, Datadog has a trailing 12 month Price to Earnings (P/E) ratio of -1112.7 while the S&P 500 average is 15.97
DDOG has a forward P/E ratio of 67.3 based on its forward 12 month price to earnings (EPS) of $1.82 per share
The company has a price to earnings growth (PEG) ratio of 2.41 — a number near or below 1 signifying that Datadog is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 22.24 compared to its sector average of 7.92
Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally.
Based in New York, the company has 4,800 full time employees and a market cap of $40.22 Billion.

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.