NYSE:MSP Datto Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Datto Holding Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $27.89 +0.03 (+0.11 %) (As of 11/30/2020 12:00 AM ET) Add Compare Share Today's Range$27.62Now: $27.89▼$28.5550-Day Range N/A52-Week Range$10.72Now: $27.89▼$12.16Volume259,189 shsAverage Volume2.68 million shsMarket Capitalization$4.39 billionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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 Windows-based 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 that consists 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 incorporated on 2017 and is headquartered in Norwalk, Connecticut.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingDatto has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.60, Datto has a forecasted upside of 27.6% from its current price of $27.89.Amount of Analyst CoverageDatto has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesDatto has received 64 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDatto has received 74 “underperform” votes. (Add your “underperform” vote.)Community SentimentDatto has received 53.62% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Datto and other stocks. Vote “Outperform” if you believe MSP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MSP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldDatto does not currently pay a dividend.Dividend GrowthDatto does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Datto insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Previous Next Analyst Opinion: 4.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.30 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Software—Application Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:MSP Previous Symbol CUSIPN/A CIK1317080 Webmadisonfunds.com Phone888-995-1431Employees1,653 Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Outstanding Shares157,550,000Market Cap$4.39 billion Next Earnings Date2/22/2021 (Estimated) OptionableNot Optionable Receive MSP News and Ratings via Email Sign-up to receive the latest news and ratings for MSP and its competitors with MarketBeat's FREE daily newsletter. Datto (NYSE:MSP) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of Datto? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Datto in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Datto or view MarketBeat's top 5 stock picks. What stocks does MarketBeat like better than Datto? Wall Street analysts have given Datto a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Datto wasn't one of them. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. When is Datto's next earnings date? Datto is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021. View our earnings forecast for Datto. How were Datto's earnings last quarter? Datto Holding Corp. (NYSE:MSP) announced its quarterly earnings results on Sunday, November, 22nd. The investment management company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.19 by $0.01. View Datto's earnings history. What guidance has Datto issued on next quarter's earnings? Datto updated its FY 2020 After-Hours earnings guidance on Monday, November, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $512.8-514.8 million, compared to the consensus revenue estimate of $509.91 million. What price target have analysts set for MSP? 11 Wall Street analysts have issued 12 month target prices for Datto's shares. Their forecasts range from $34.00 to $39.00. On average, they anticipate Datto's stock price to reach $35.60 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for Datto. Who are some of Datto's key competitors? Some companies that are related to Datto include Kingsoft Cloud (KC), OneConnect Financial Technology (OCFT), JFrog (FROG), Lightspeed POS (LSPD), Asana (ASAN), Sprout Social (SPT), Yalla Group (YALA), Docebo Inc. (DCBO.TO) (DCBO), Quhuo (QH), KLDiscovery (KLDI), Intellicheck (IDN), Eagle Eye Solutions Group plc (EYE.L) (EYE), VIQ Solutions (VQSLF), Dev Clever Holdings Plc (DEV.L) (DEV) and IQGeo Group plc (IQG.L) (IQG). View all competitors. What other stocks do shareholders of Datto own? Based on aggregate information from My MarketBeat watchlists, some companies that other Datto investors own include Apollo Commercial Real Estate Finance (ARI), Barrick Gold (GOLD), The Coca-Cola (KO), Aberdeen Income Credit Strategies Fund (ACP), Adamis Pharmaceuticals (ADMP), Ares Capital (ARCC), Associated Banc (ASB), Bristol-Myers Squibb (BMY), Carbonite (CARB) and Chimera Investment (CIM). Who are Datto's key executives? Datto's management team includes the following people: Mr. Timothy Weller, CEO & Director (Age 54, Pay $897.35k)Mr. Robert Raymond Petrocelli, Chief Technology Officer (Age 54, Pay $491.67k)Mr. Sanjay Kumar Singh, Chief Revenue Officer (Age 47, Pay $467.35k)Mr. John F. Abbot, Chief Financial Officer (Age 57)Mr. William J. Severance, Chief Accounting Officer (Age 53)Mr. Michael Glen Fass, Gen. Counsel & Chief People Officer (Age 49)Mr. Matthew Todd Richards, Chief Marketing Officer (Age 45)Mr. Nathaniel Scott Katz, Sr. VP of Fin. (Age 41)Mr. Radhesh Balakrishnan Menon, Chief Product Officer (Age 49)Mr. Christopher Edward McCloskey, Chief Customer Officer (Age 45) When did Datto IPO? (MSP) raised $561 million in an initial public offering (IPO) 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 is Datto's stock symbol? Datto trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSP." When did Datto's quiet period expire? Datto's quiet period expired on Monday, November 30th. Datto had issued 22,000,000 shares in its IPO on October 21st. The total size of the offering was $594,000,000 based on an initial share price of $27.00. During Datto's quiet period, insiders and any underwriters involved in the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. What is Datto's stock price today? One share of MSP stock can currently be purchased for approximately $27.89. How big of a company is Datto? Datto has a market capitalization of $4.39 billion. Datto employs 1,653 workers across the globe. What is Datto's official website? The official website for Datto is madisonfunds.com. How can I contact Datto? Datto's mailing address is 550 Science Dr, MADISON, WI 53711-1059, United States. The investment management company can be reached via phone at 888-995-1431. This page was last updated on 11/30/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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