During the recent session, Datadog Inc (NASDAQ:DDOG)’s traded shares were 1.41 million, with the beta value of the company hitting 1.14. At the last check today, the stock’s price was $129.29, reflecting an intraday gain of 3.23% or $4.04. The 52-week high for the DDOG share is $138.61, that puts it down -7.21 from that peak though still a striking 51.27% gain since the share price plummeted to a 52-week low of $63.00. The company’s market capitalization is $42.91B, and the average trade volume was 3.84 million shares over the past three months.
Datadog Inc (NASDAQ:DDOG) trade information
Datadog Inc (DDOG) registered a 3.23% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.23% in intraday trading to $129.29, hitting a weekly high. The stock’s 5-day price performance is 7.66%, and it has moved by 4.68% in 30 days. Based on these gigs, the overall price performance for the year is 86.65%.
Datadog Inc (DDOG) estimates and forecasts
Statistics show that Datadog Inc has underperformed its competitors in share price, compared to the industry in which it operates. Datadog Inc (DDOG) shares have gone up 58.46% during the last six months, with a year-to-date growth rate less than the industry average at 7.58% against 18.90. In the rating firms’ projections, revenue will increase 21.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 591.32M as predicted by 33 analyst(s). Meanwhile, a consensus of 34 analyst(s) estimates revenue growth to 620.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 481.71M and 509.46M respectively. In this case, analysts expect current quarter sales to grow by 22.80% and then jump by 21.80% in the coming quarter. While earnings are projected to return 8.36% in 2024, the next five years will return 14.20% per annum.
DDOG Dividends
Datadog Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
