Data Storage Corp Stock Today
| DTST Stock | USD 5.36 0.15 2.72% |
Performance13 of 100
| Odds Of DistressLess than 2
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Data Storage is selling for under 5.36 as of the 16th of April 2024; that is -2.72 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 5.22. Data Storage has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Data Storage Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 20th of September 2010 | Category Technology | Classification Information Technology |
Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. Data Storage Corporation is headquartered in Melville, New York. DATA STORAGE operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 6.92 M outstanding shares of which 406.61 K shares are currently shorted by private and institutional investors with about 1.43 trading days to cover. More on Data Storage Corp
Moving together with Data Stock
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| 0.73 | IT | Gartner Financial Report 7th of May 2024 | PairCorr |
Moving against Data Stock
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| 0.79 | III | Information Services Financial Report 13th of May 2024 | PairCorr |
| 0.76 | DXC | DXC Technology Financial Report 16th of May 2024 | PairCorr |
| 0.76 | UIS | Unisys Financial Report 7th of May 2024 | PairCorr |
| 0.74 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
| 0.68 | AUR | Aurora Innovation | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Data Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Data Storage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Data Storage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Charles Piluso | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, Software, Information Technology Services, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Data Storage report their recommendations after researching Data Storage's financial statements, talking to executives and customers, or listening in on Data Storage's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Data Storage Corp. The Data consensus assessment is calculated by taking the average forecast from all of the analysts covering Data Storage. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Data Storage's historical financial statements, Data Storage Corp is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Data Storage Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Data Storage's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Data Storage's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Data Storage's financial leverage. It provides some insight into what part of Data Storage's total assets is financed by creditors.
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Data Storage Corp (DTST) is traded on NASDAQ Exchange in USA. It is located in 48 South Service Road, Melville, NY, United States, 11747 and employs 51 people. Data Storage is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Data Storage's market, we take the total number of its shares issued and multiply it by Data Storage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Data Storage Corp conducts business under Software sector and is part of Information Technology industry. The entity has 6.92 M outstanding shares of which 406.61 K shares are currently shorted by private and institutional investors with about 1.43 trading days to cover.
Data Storage Corp currently holds about 11.21 M in cash with 3.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.64.
Check Data Storage Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Data Storage Corp is $38.63 Million. Data Storage Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Data Ownership Details
Data Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Data Storage jumping above the current price in 90 days from now is about 32.0%. The Data Storage Corp probability density function shows the probability of Data Storage stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5018 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Data Storage will likely underperform. Moreover, data Storage Corp has an alpha of 1.1103, implying that it can generate a 1.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Data Storage to move above the current price in 90 days from now is about 32.0 (This Data Storage Corp probability density function shows the probability of Data Stock to fall within a particular range of prices over 90 days) .
Data Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Data Storage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Data Storage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Data Storage's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 7.0 | |
| Bank Of America Corp | 2023-12-31 | 4.0 | |
| M&t Bank Corp | 2023-12-31 | 0.0 | |
| Bard Associates Inc | 2023-12-31 | 318.2 K | |
| Vanguard Group Inc | 2023-12-31 | 109.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 84.5 K | |
| Geode Capital Management, Llc | 2023-12-31 | 52.8 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 11.4 K | |
| Perritt Capital Management Inc. | 2023-12-31 | 8.4 K | |
| Blackrock Inc | 2023-12-31 | 7.9 K | |
| Tower Research Capital Llc | 2023-12-31 | 3.3 K |
Data Storage Historical Income Statement
Data Storage Corp Income Statement is one of the three primary financial statements used for reporting Data's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Data Storage Corp revenue and expense. Data Storage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Data Storage's Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 9.1 M in 2024, whereas Operating Income is likely to drop (176.8 K) in 2024. View More FundamentalsData Stock Against Markets
Picking the right benchmark for Data Storage stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Data Storage stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Data Storage is critical whether you are bullish or bearish towards Data Storage Corp at a given time. Please also check how Data Storage's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Data Storage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Data Storage Corporate Directors
Data Storage corporate directors refer to members of a Data Storage board of directors. The board of directors generally takes responsibility for the Data Storage's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Data Storage's board members must vote for the resolution. The Data Storage board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joseph Hoffman | Independent Director | Profile | |
| Lawrence Maglione | Director | Profile | |
| Thomas Kempster | Secretary, Director | Profile | |
| John Argen | Independent Director | Profile |
How to buy Data Stock?
Before investing in Data Storage, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Data Storage. To buy Data Storage stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Data Storage. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Data Storage stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Data Storage Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Data Storage Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Data Storage Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.
Already Invested in Data Storage Corp?
The danger of trading Data Storage Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Data Storage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Data Storage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Data Storage Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Data Storage Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Data Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Data Storage Corp Stock. Highlighted below are key reports to facilitate an investment decision about Data Storage Corp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Data Storage's price analysis, check to measure Data Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.
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Is Data Storage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Data Storage. If investors know Data will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Data Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Earnings Share 0.05 | Revenue Per Share 3.648 | Quarterly Revenue Growth 0.037 | Return On Assets (0) |
The market value of Data Storage Corp is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data Storage's value that differs from its market value or its book value, called intrinsic value, which is Data Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Data Storage's market value can be influenced by many factors that don't directly affect Data Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Data Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.