NYSE:MSP

Datto (MSP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$35.18
$35.18
50-Day Range
$33.41
$35.18
52-Week Range
$20.76
$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
MSP stock logo

About Datto Stock (NYSE:MSP)

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.

MSP Stock News Headlines

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Seceon Announces aiXDR-PMax at DattoCon23
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Malwarebytes Expands OneView Platform for MSPs
See More Headlines
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Company Calendar

Last Earnings
11/10/2021
Today
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged Software
Sub-Industry
N/A
Fax
N/A
Employees
2,089
Year Founded
N/A

Profitability

Net Income
$51.43 million
Pretax Margin
7.65%

Debt

Sales & Book Value

Annual Sales
$618.66 million
Cash Flow
$0.78 per share
Book Value
$11.11 per share

Miscellaneous

Free Float
156,124,000
Market Cap
$5.81 billion
Optionable
Not Optionable
Beta
-0.27
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MSP Stock Analysis - Frequently Asked Questions

How were Datto's earnings last quarter?

Datto Holding Corp. (NYSE:MSP) issued its earnings results on Wednesday, November, 10th. The investment management company reported $0.16 earnings per share (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 analyst estimates of $154.03 million. Datto had a net margin of 6.84% and a trailing twelve-month return on equity of 3.65%. During the same quarter last year, the business posted $0.16 EPS.

What other stocks do shareholders of Datto own?
When did Datto IPO?

Datto (MSP) raised $561 million in an IPO on Wednesday, October 21st 2020. The company issued 22,000,000 shares at a price of $24.00-$27.00 per share. Morgan Stanley, BofA Securities, Barclays and Credit Suisse acted 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.

This page (NYSE:MSP) was last updated on 5/10/2024 by MarketBeat.com Staff

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