Datto Holding Corp. (MSP)

June 23, 2022 - MSP was delisted (reason: acquired by Kaseya)
35.18
0.00 (0.00%)
At close: Jun 22, 2022 12:00 AM
35.36
+0.18 (0.51%)
Pre-market: Jun 23, 2022 7:24 AM EDT
%
Market Cap 5.82B
Revenue (ttm) 644.53M
Net Income (ttm) 44.10M
Shares Out 165.48M
EPS (ttm) 0.27
PE Ratio 130.30
Forward PE 60.24
Dividend n/a
Ex-Dividend Date n/a
Volume 804,171
Open 34.96
Previous Close 35.18
Day's Range 34.90 - 35.24
52-Week Range 20.76 - 35.24
Beta n/a
Analysts Hold
Price Target 34.45 (-2.1%)
Earnings Date Aug 10, 2022

About 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... [Read more...]

Industry Software
IPO Date Oct 21, 2020
Employees 2,089
Stock Exchange NYSE
Ticker Symbol MSP
Full Company Profile

Financial Performance

In 2021, Datto Holding's revenue was $618.66 million, an increase of 19.25% compared to the previous year's $518.79 million. Earnings were $51.43 million, an increase of 128.62%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MSP stock is "Hold." The 12-month stock price forecast is 34.45, which is a decrease of -2.08% from the latest price.

Price Target
$34.45
(-2.08% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Datto Appoints New Vice President for Asia Pacific

SINGAPORE--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Providers (...

Managed Service Providers are Key to Customers' Data Protection in an Increasingly Digital ASEAN

SINGAPORE--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (“Datto”) (NYSE: MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Providers ...

Datto Holding Corp. (MSP) Q1 Earnings and Revenues Top Estimates

Datto Holding Corp. (MSP) delivered earnings and revenue surprises of 7.69% and 1.31%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Datto Announces First Quarter 2022 Financial Results

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Provide...

Datto Launches Two Continuity Solutions that Provide the Last Line of Defense for MSPs Against Cyberattacks

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Provid...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Datto Holding Corp. Buyout

Wilmington, Delaware--(Newsfile Corp. - April 18, 2022) - Rigrodsky Law, P.A. is investigating Datto Holding Corp. ("Datto") (NYSE: MSP) regarding possible breaches of fiduciary duties and other violati...

Datto is up 20% after announcing the Kaseya acquisition agreement

Datto (NYSE: MSP), a top provider of cloud-based and security software options for MSPs, and Kaseya, a leading provider of security and IT management software for SMBs and MSPs, announced that they had ...

CORRECTING and REPLACING Datto to be Acquired by Kaseya for $6.2 Billion, with Funding Led by Insight Partners

MIAMI & NORWALK, Conn.--(BUSINESS WIRE)--First paragraph, second sentence of release should read: TPG (instead of TPG Capital). The updated release reads: DATTO TO BE ACQUIRED BY KASEYA FOR $6.2 BILLION...

Why Is Datto (MSP) Stock Up 20% Today?

Today, a big-time take-private deal has investors in software company Datto and MSP stock cheering. The stock is jumping 20% on a down day.

SHAREHOLDER ALERT: Weiss Law Investigates Datto Holding Corp.

NEW YORK , April 11, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Datto Holding Corp.  ("Datto" or the "Co...

Why Datto Holdings Stock Soared Today

Datto is being acquired – and investors are on board with the deal.

Why Datto Holding Shares Are Rising Today

Datto Holding Corp (NYSE: MSP) shares are trading higher Monday after the company announced it will be acquired by IT management and security software provider Kaseya for approximately $6.2 billion. The...

Kaseya acquiring disaster recovery service Datto for $6.2B with help from consortium of investors

Datto, the disaster recovery service, has had an interesting history. It raised a cool $100 million as a startup including a $75 million investment in 2015, a significant round for that period.

Datto Agrees to a $6.2 Billion Sale. The Stock Is Soaring.

The company is set to be purchased for $35.50 per share.

Why Datto Shares Are Trading Higher Today

Kaseya agreed to acquire Datto Holding Corp (NYSE: MSP) for $35.50 per share in an all-cash transaction that valued Datto at $6.2 billion. The offer represented a 52% premium to Datto's unaffected stock...

Datto's stock jumps into record territory after $6.2 billion cash deal to be bought by Kaseya

Shares of Datto Holding Corp. shot up 20.2% into record territory in premarket trading Monday, provider of security for managed service providers (MSPs) announced an agreement to be acquired by security...

Datto to be Acquired by Kaseya for $6.2 Billion, with Funding Led by Insight Partners

MIAMI & NORWALK, Conn.--(BUSINESS WIRE)--Kaseya, a premier provider of unified IT management and security software for managed service providers (MSPs) and small to medium-sized businesses (SMBs), and D...

Datto MSP Technology Day Addresses Security for SaaS Applications

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp (“Datto”), (NYSE:MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Provid...

Datto to Present at Morgan Stanley Technology, Media and Telecommunications Conference

NORWALK, Conn.--(BUSINESS WIRE)--Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Providers (MSPs), t...

Datto Announces Fourth Quarter and Full Year 2021 Financial Results

NORWALK, Conn.--(BUSINESS WIRE)-- #MSP--Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of security and cloud-based software solutions purpose-built for Managed Service Providers (M...

Datto Appoints Emily Tabak Epstein as General Counsel

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp, (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by Managed Service Prov...

Datto Acquires Cybersecurity Company Infocyte

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (Datto) (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for Managed Service Provider...

Datto Announces Date for Fourth Quarter and Full-Year 2021 Results Conference Call

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (“Datto”) (NYSE: MSP) the leading global provider of cloud-based software and security solutions purpose-built for delivery by Managed Se...

Datto Announces New Chief Marketing Officer, Brooke Cunningham

NORWALK, Conn.--(BUSINESS WIRE)-- #Datto--Datto Holding Corp, (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by Managed Service Provide...

Datto Releases Tool for MSP Community to Combat Log4j Vulnerability

NORWALK, Conn.--(BUSINESS WIRE)-- #DattoMSP--Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by Managed Se...