Datto (MSP) Stock Price, News & Analysis

Company Overview

Datto Holding Corp. provides cloud-based software and technology solutions for delivery through the managed service provider (MSP) channel to small and medium businesses in the United States and internationally. Its Unified Continuity products include Business Continuity and Disaster Recovery that protects servers and workstations, and minimize downtime; Cloud Continuity, an image-based continuity solution for laptops and desktops; SaaS Protection +, an automated and secure backup and restoration product; Workplace, a cloud-hosted file sync and share solution, which enable end-users to synchronize files across platforms, including mobile devices; and File Protection, an MSP-managed secure and scalable backup product that enables MSPs to protect and recover files and folders on workstations and laptops. The company's networking Products comprise access points, switches, edge routers, and managed power devices. Its business management products consist of Autotask Professional Services Automation, an IT business management product; and remote monitoring and management. The company was formerly known as Merritt Topco, Inc. and changed its name to Datto Holding Corp. in January 2020. Datto Holding Corp. was founded in 2007 and is headquartered in Norwalk, Connecticut.

Key Stats

• Today's Range: $35.18 to $35.18
• 50-Day Range: $33.41 to $35.18
• 52-Week Range: $20.76 to $35.36
• Volume: 4,889 shs
• Average Volume: 990,522 shs
• Market Capitalization: $5.81 billion
• P/E Ratio: 135.31
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MSP Stock Analysis - Frequently Asked Questions

How were Datto's earnings last quarter?

Datto Holding Corp. (NYSE:MSP) issued its quarterly earnings results on Wednesday, November, 10th. The investment management company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.11. The investment management company earned $157.89 million during the quarter, compared to the consensus estimate of $154.03 million. Datto had a trailing twelve-month return on equity of 3.65% and a net margin of 6.84%.

When did Datto IPO?

Datto (MSP) raised $561 million in an initial public offering on Wednesday, October 21st 2020. The company issued 22,000,000 shares at $24.00-$27.00 per share. Morgan Stanley, BofA Securities, Barclays and Credit Suisse served as the underwriters for the IPO and Citigroup, Jefferies, RBC Capital Markets, Evercore ISI, BMO Capital Markets, Macquarie Capital, Mizuho Securities, William Blair, Ramirez & Co. and Siebert Williams Shank were co-managers.

What other stocks do shareholders of Datto own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Datto investors own include Netflix (NFLX), HubSpot (HUBS), Tesla (TSLA), CrowdStrike (CRWD), Alibaba Group (BABA) and Walt Disney (DIS).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 1/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged Software
• Sub-Industry: N/A
• Current Symbol: NYSE:MSP
• CUSIP: N/A
• CIK: 1317080
• Web: madisonfunds.com
• Phone: 888-995-1431
• Fax: N/A
• Employees: 2,089
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.26
• Trailing P/E Ratio: 135.31
• Forward P/E Ratio: 106.61
• P/E Growth: 14.22
• Net Income: $51.43 million
• Net Margins: 6.84%
• Pretax Margin: 7.65%
• Return on Equity: 3.65%
• Return on Assets: 3.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.22
• Quick Ratio: 2.74

Sales & Book Value

• Annual Sales: $618.66 million
• Price / Sales: 9.39
• Cash Flow: $0.78 per share
• Price / Cash Flow: 44.89
• Book Value: $11.11 per share
• Price / Book: 3.17

Miscellaneous

• Outstanding Shares: 165,211,000
• Free Float: 156,124,000
• Market Cap: $5.81 billion
• Optionable: Not Optionable
• Beta: -0.27