Data Storage Stock

Data Storage P/E 2024

Data Storage P/E

42.87

Ticker

DTST

ISIN

US23786R1023

As of Aug 8, 2024, Data Storage's P/E ratio was 42.87, a 23.23% change from the 34.79 P/E ratio recorded in the previous year.

The Data Storage P/E history

Data Storage Aktienanalyse

What does Data Storage do?

Data Storage Corp was founded in 2001 and is a provider of cloud and data security solutions for small and medium-sized businesses (SMBs), government agencies, and other organizations. The company operates a network of data centers where it hosts IT infrastructure and storage space, which customers can rent and access their data securely through an internet connection. Data Storage Corp offers various solutions for data backup and recovery, data analysis, and cloud hosting, as well as additional products and services such as firewalls, VPN solutions, and IT support. The company has experienced strong growth in recent years through acquisitions and partnerships, and aims to continually expand its range of products and services to meet the needs of its customers. Data Storage ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Data Storage's P/E Ratio

The Price to Earnings (P/E) Ratio of Data Storage is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Data Storage's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Data Storage is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Data Storage’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Data Storage stock

What is the price-to-earnings ratio of Data Storage?

The price-earnings ratio of Data Storage is currently 42.87.

How has the price-earnings ratio of Data Storage changed compared to last year?

The price-to-earnings ratio of Data Storage has increased by 23.23% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Data Storage high compared to other companies?

Yes, the price-to-earnings ratio of Data Storage is high compared to other companies.

How does an increase in the price-earnings ratio of Data Storage affect the company?

An increase in the price-earnings ratio of Data Storage would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Data Storage affect the company?

A decrease in the price-earnings ratio of Data Storage would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Data Storage?

Some factors that influence the price-earnings ratio of Data Storage are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Data Storage pay?

Over the past 12 months, Data Storage paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Data Storage is expected to pay a dividend of 0 USD.

What is the dividend yield of Data Storage?

The current dividend yield of Data Storage is .

When does Data Storage pay dividends?

Data Storage pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Data Storage?

Data Storage paid dividends every year for the past 0 years.

What is the dividend of Data Storage?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Data Storage located?

Data Storage is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Data Storage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Data Storage from 8/8/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/8/2024.

When did Data Storage pay the last dividend?

The last dividend was paid out on 8/8/2024.

What was the dividend of Data Storage in the year 2023?

In the year 2023, Data Storage distributed 0 USD as dividends.

In which currency does Data Storage pay out the dividend?

The dividends of Data Storage are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Data Storage

Our stock analysis for Data Storage Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Data Storage Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.