For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Datadog is a monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. The company’s business runs around its portfolio of over 400 out-of-the-box integrations including public cloud, private cloud, on-premise hardware, databases and third-party software.
DDOG sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 34.1% and 24.9% year-over-year, respectively.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.01 to $1.77 per share. DDOG also boasts an average earnings surprise of 18.1%.
On a historic basis, Datadog has generated cash flow growth of 130.2%, and is expected to report cash flow expansion of 310.4% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, DDOG should be on investors' short lists.
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Datadog, Inc. (DDOG) : Free Stock Analysis Report
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