Datto Holding Corp. (MSP) Stock

About Datto Holding Corp.

Datto Holding Corp. specializes in delivering cloud-powered software and technological solutions. These offerings are primarily channeled through managed service providers (MSPs) to serve the needs of small and medium-sized businesses (SMBs) across the United States and globally. The company's product portfolio is extensive: Unified Continuity: This suite is designed to protect digital assets and minimize downtime. It includes Business Continuity and Disaster Recovery (BCDR), which safeguards servers and workstations; Cloud Continuity, an image-based solution specifically for laptops and desktops; SaaS Protection +, providing automated and secure backup and restoration for cloud applications; Workplace, a cloud-hosted platform facilitating seamless file synchronization and sharing across various devices, including mobile; and File Protection, an MSP-managed, secure, and scalable backup product that enables the efficient recovery of files and folders on workstations and laptops. Networking Products: Datto provides essential networking hardware such as wireless access points, network switches, edge routers, and managed power devices. Business Management Products: To enhance operational efficiency for MSPs, these solutions feature Autotask Professional Services Automation (PSA), a comprehensive IT business management tool, alongside robust remote monitoring and management (RMM) capabilities. Initially founded in 2007 as Merritt Topco, Inc., the company rebranded to Datto Holding Corp. in January 2020. Its corporate headquarters are situated in Norwalk, Connecticut.

the stock is valued at a price-to-earnings (P/E) ratio of 113.48. Over the past 52 weeks the stock has ranged between $34.91 and $35.24, and currently trades at its 52-week high.

On profitability, Datto Holding Corp. generates a return on equity (ROE) of 2.81%, return on capital employed of 3.31%, an operating margin of 10.02%, a net profit margin of 8.24%.

Official website: www.datto.com