Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
DTST

DTST - Data Storage Corp. Stock Price, Fair Value and News

5.07USD+0.43 (+9.27%)Market Closed

Market Summary

DTST
USD5.07+0.43
Market Closed
9.27%

DTST Stock Price

View Fullscreen

DTST RSI Chart

DTST Valuation

Market Cap

35.1M

Price/Earnings (Trailing)

93.86

Price/Sales (Trailing)

1.41

EV/EBITDA

20.09

Price/Free Cashflow

15.07

DTST Price/Sales (Trailing)

DTST Profitability

Operating Margin

38.37%

EBT Margin

1.20%

Return on Equity

1.87%

Return on Assets

1.6%

Free Cashflow Yield

6.64%

DTST Fundamentals

DTST Revenue

Revenue (TTM)

25.0M

Rev. Growth (Yr)

-74.07%

Rev. Growth (Qtr)

3.38%

DTST Earnings

Earnings (TTM)

373.8K

Earnings Growth (Yr)

97.85%

Earnings Growth (Qtr)

-137.5%

Breaking Down DTST Revenue

Last 7 days

10.9%

Last 30 days

-33.6%

Last 90 days

58.4%

Trailing 12 Months

184.8%

How does DTST drawdown profile look like?

DTST Financial Health

Current Ratio

4.14

DTST Investor Care

Shares Dilution (1Y)

1.25%

Diluted EPS (TTM)

0.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202340.0M41.1M42.6M25.0M
202230.9M32.2M32.8M41.8M
20219.8M11.3M12.5M24.8M
20208.6M8.6M9.3M9.3M
20198.9M8.2M7.7M8.5M
20187.9M8.6M9.1M8.9M
20175.4M6.3M7.3M8.3M
20164.0M3.8M3.8M4.1M
20153.9M4.0M3.9M4.0M
20144.4M4.3M4.2M4.0M
20134.2M4.4M4.5M4.6M
20124.0M4.2M4.1M4.0M
20112.9M3.2M3.6M3.9M
20100002.5M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Data Storage Corp.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 10, 2024
kempster thomas
acquired
-
-
8,333
evp
Apr 10, 2024
schwartz harold j
acquired
-
-
8,333
president
Mar 31, 2024
maglione lawrence a.
acquired
-
-
2,500
-
Mar 31, 2024
argen john
acquired
-
-
2,500
-
Mar 31, 2024
stallone nancy
acquired
-
-
833
-
Mar 31, 2024
mitchell uwayne a.
acquired
-
-
833
-
Mar 31, 2024
stein clifford
acquired
-
-
2,500
-
Mar 31, 2024
grover matthew
acquired
-
-
2,500
-
Mar 31, 2024
correll todd a.
acquired
-
-
2,500
-

1–10 of 50

Which funds bought or sold DTST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
5.45
-21,122
316,152
 -%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
12.00
12.00
 -%
Feb 14, 2024
CVI Holdings, LLC
unchanged
-
-1,160
5,220
 0.01%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
32,725
32,725
 -%
Feb 14, 2024
PERRITT CAPITAL MANAGEMENT INC
unchanged
-
-3,024
24,198
 0.01%
Feb 14, 2024
CITADEL ADVISORS LLC
new
-
80,741
80,741
 -%
Feb 13, 2024
BARD ASSOCIATES INC
reduced
-0.46
-119,325
916,491
 0.35%
Feb 13, 2024
Tower Research Capital LLC (TRC)
added
47.37
2,249
9,507
 -%
Feb 13, 2024
BlackRock Inc.
unchanged
-
-2,847
22,778
 -%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
-19,008
152,042
 -%

1–10 of 21

Are Funds Buying or Selling DTST?

Are funds buying DTST calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DTST
No. of Funds

Unveiling Data Storage Corp.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 04, 2024
bard associates inc
6.9%
484,661
SC 13G/A
Feb 06, 2023
bard associates inc
9.5%
662,144
SC 13G/A
Feb 14, 2022
bard associates inc
7.2%
495,380
SC 13G

Recent SEC filings of Data Storage Corp.

View All Filings
Date Filed Form Type Document
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 02, 2024
8-K
Current Report
Apr 02, 2024
3
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to Data Storage Corp.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ACN
193.6B
64.6B
 -9.73% 11.73%
27.53
3
 2.26% 1.32%
IBM
153.2B
61.9B
 -12.41% 31.63%
20.42
2.48
 2.20% 357.72%
CTSH
33.3B
19.4B
 -9.09% 13.04%
15.67
1.72
 -0.39% -7.16%
CDW
32.5B
21.4B
 -6.05% 44.18%
29.44
1.52
 -9.99% -0.92%
BR
22.9B
6.3B
 -4.80% 35.22%
33.42
3.62
 8.37% 28.40%
MID-CAP
CACI
9.0B
7.3B
 6.86% 29.59%
22.97
1.23
 10.28% 6.24%
EXLS
4.9B
1.6B
 -6.11% -13.64%
26.38
2.99
 15.48% 29.09%
ASGN
4.5B
4.5B
 -5.78% 37.40%
20.68
1.02
 -2.85% -18.20%
DXC
3.7B
13.9B
 -4.61% -13.96%
-7.9
0.26
 -6.57% -164.76%
XRX
1.7B
6.9B
 -21.18% -10.78%
1.7K
0.25
 -3.11% 100.31%
SMALL-CAP
CTG
1.6B
302.0M
 - 1323.36%
2.8K
4.93
 -16.01% -96.16%
GDYN
752.9M
312.9M
 -19.04% -8.83%
-426.57
2.41
 0.78% 93.96%
CNDT
642.5M
3.7B
 -7.83% -10.79%
-2.17
0.17
 -3.53% -62.64%
DMRC
457.7M
34.9M
 -17.14% 32.33%
-9.96
13.13
 15.41% 23.14%
CSPI
132.6M
61.7M
 -27.28% 3.42%
31.8
2.15
 2.22% 29.66%

Data Storage Corp. News

Latest updates
Simply Wall St • 34 hours ago
Data Storage Corporation (NASDAQ:DTST) Shares Slammed 37% But Getting In Cheap Might Be Difficult Regardless
The Globe and Mail • 24 Apr 2024 • 08:40 am
Data Storage Corporation Announces Pricing of $8.3 Million Registered Direct Offering Priced At-The-Market
The Globe and Mail • 24 Apr 2024 • 08:28 am
Data Storage Corporation Reports 37% Increase in Revenue for the Second Quarter of 2022
The Globe and Mail • 24 Apr 2024 • 07:17 am
Data Storage Corporation to Present at the Summer Solstice Conference - Best Ideas from the Buy-Side on June 1st
Yahoo Finance • 01 Apr 2024 • 07:00 am
Data Storage Corporation (NASDAQ:DTST) Q4 2023 Earnings Call Transcript
Yahoo Finance • 28 Mar 2024 • 07:00 am
Investors bid Data Storage (NASDAQ:DTST) up US$7.5m despite increasing losses YoY, taking one-year return to 356%
InvestorsObserver • 28 Mar 2024 • 07:00 am
Data Storage Corp Down 12.86% To $6.66 After Earnings
InvestorsObserver • 12 Mar 2024 • 07:00 am
Data Storage Corp (DTST) Is the Top Stock in the Information Technology Services Industry?
InvestorPlace • 11 Mar 2024 • 07:00 am
7 Growth Stocks That Could Turn $10000 Into $500000
Simply Wall St • 2 months ago
Data Storage Corporation (NASDAQ:DTST) Soars 25% But It's A Story Of Risk Vs Reward

Data Storage Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.4%6,1895,9875,9046,88023,8714,4194,8288,65714,8763,8603,5282,5752,4932,7242,0062,0992,4362,0142,0342,0011,627
Cost Of Revenue-1.2%3,6113,6563,3264,7903,9402,5673,2696,0112,6762,3182,0211,4211,4481,6211,1401,2161,3351,2331,1021,077972
Gross Profit10.6%2,5772,3302,5792,0902,0271,8521,5592,6462,2371,5431,5071,1541,0451,1038658831,101781932925655
  S&GA Expenses22.0%2,8262,3162,4722,1312,7082,0762,5942,4602,6121,8741,6021,1181,0141,018988877965885860823629
EBITDA Margin419.8%0.07*-0.02*-0.04*-0.08*-0.07*-0.02*0.00*0.05*0.05*0.13*0.13*0.15*0.15*0.15*-------
Interest Expenses-270.2%-24414499.0076.00327-29.74-113-42.6629.0016.0047.0035.0043.0043.0044.0046.0041.0041.0046.0049.0030.00
Income Taxes----------399------------
Earnings Before Taxes-163.1%-99.5215820635.00-3,149-252-1,149143-410135136340*-11.3642.00183-40.4773.00-13337.0053.00-4.97
EBT Margin118.6%0.01*-0.06*-0.08*-0.11*-0.11*-0.05*-0.04*0.00*-0.01*0.02*0.01*0.02*0.02*0.03*-------
Net Income-137.5%-67.1217922735.00-3,121-245-1,139143-9.001361392.00-2.5446.00191-34.4180.00-12148.0063.005.00
Net Income Margin123.8%0.01*-0.06*-0.08*-0.11*-0.10*-0.04*-0.03*0.01*0.01*0.02*0.02*0.02*0.02*0.03*-------
Free Cashflow41.3%1,4141,000-10822.00453342-1,8771,618-551-78743091.00398252-------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.4%23,30123,62522,80024,35224,08625,58126,36129,96226,33526,79121,0567,9727,7528,0927,8467,6517,3437,3807,5567,6706,144
  Current Assets-1.5%14,52014,74213,62515,54615,38514,16114,67418,20115,05715,2485,0271,8881,6881,7441,4261,2761,0991,007967909928
    Cash Equivalents43.8%1,4299931,4371,8822,28711,28211,21413,42112,13612,8893,076634894605616328327284192255229
  Net PPE-0.2%2,7332,7392,9272,4192,2122,3712,5822,5631,9372,0362,1502,5632,3022,5152,5182,3892,1892,3512,5282,6331,288
  Goodwill0%4,2394,2394,2394,2394,2396,5616,5616,5616,5616,61013,2163,0163,0163,0163,0163,0163,0163,0163,0163,0163,016
Liabilities-10.0%3,5473,9403,4035,2835,1393,5744,1937,1313,7204,2189,5326,0475,8316,1635,9645,9595,6155,7345,7485,8704,368
  Current Liabilities-7.7%3,5093,8003,1684,9144,5302,8493,1925,9612,9722,9058,6644,9294,3544,2973,8174,0393,6703,5623,3823,3253,130
  Long Term Debt------------27.00107--------
    LT Debt, Non Current------------27.00107--------
Shareholder's Equity0.5%19,99119,89719,39719,06919,10222,00722,16822,83122,61522,57411,5241,9251,9211,9291,8811,6921,7281,6461,8081,8001,776
  Retained Earnings-0.4%-19,505-19,430-19,609-19,836-19,887-16,759-16,513-15,374-15,530-15,521-15,657-15,771-15,734-15,693-15,702-15,858-15,790-15,839-15,686-15,703-15,735
  Additional Paid-In Capital0.4%39,49039,32139,19239,06938,98238,89238,80038,31538,24138,19027,27717,78817,74617,57817,53617,49517,58217,41717,41417,41217,410
Accumulated Depreciation-5,105---4,957-----4,1785,7635,5445,3145,1034,8984,7054,5364,3594,1814,005
Shares Outstanding0.3%6,8806,8606,8476,8356,8226,8226,7586,6966,6946,3513,6083,2133,215--------
Minority Interest-11.6%-236-212-191-170-154-132-125-115-102-101-100-96.46-94.70-85.88-81.60-74.11-68.05-60.79-49.10-37.83-27.51
Float---10,381---9,671---11,921---1,512---1,300--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations58.2%1,7121,082631449518354-1,8511,644-513-67147634941531583.0029816531789.00228167
  Share Based Compensation30.3%16812912386.0091.0092.0048567.0052.0044.0034.0042.0042.0042.0041.0033.0035.002.002.002.0021.00
Cashflow From Investing21.6%-1,084-1,382-854-530-9,075-11.34-25.27-25.95-62.41-115-5,983-257-16.28-62.95-45.04-56.81-7.00--15.78-17.57-24.81
Cashflow From Financing-34.9%-191-142-220-323-437-275-329-332-17710,6007,949-350-109-263250-239-115-225-136-183-118

DTST Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Sales$ 24,959,576$ 23,870,837
Cost of sales15,383,25115,787,544
Gross Profit9,576,3258,083,293
Impairment of goodwill2,322,000
Selling, general and administrative9,744,7369,837,308
Loss from Operations(168,411)(4,076,015)
Other Income (Expense)  
Interest income542,22910,969
Interest expense (74,502)(141,056)
Impairment of deferred offering costs and financing costs associated with canceled financing efforts(127,343)
Other expense(75,418)
Total Other Income (Expense)467,727(332,848)
Income (Loss) before provision for income taxes299,316(4,408,863)
Provision from (Benefit from) income taxes
Net Income (Loss)299,316(4,408,863)
Loss in Non-controlling interest in consolidated subsidiary82,25952,061
Net Income (Loss) Attributable to Common Stockholders$ 381,575$ (4,356,802)
Earnings (loss) per Share – Basic$ 0.06$ (0.64)
Earnings (loss) per Share – Diluted$ 0.05$ (0.64)
Weighted Average Number of Shares – Basic6,841,0946,775,140
Weighted Average Number of Shares – Diluted7,215,0696,775,140

DTST Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 1,428,730$ 2,286,722
Accounts receivable (less allowance for credit losses of $7,915 and $27,250 in 2023 and 2022, respectively)1,259,9723,502,836
 Marketable securities11,318,1969,010,968
Prepaid expenses and other current assets513,175584,666
Total Current Assets14,520,07315,385,192
Property and Equipment:  
Property and equipment7,838,2257,168,488
Less—Accumulated depreciation(5,105,451)(4,956,698)
Net Property and Equipment2,732,7742,211,790
Other Assets:  
 Goodwill4,238,6714,238,671
 Operating lease right-of-use assets62,981226,501
 Other assets48,43648,437
 Intangible assets, net1,698,0841,975,644
Total Other Assets6,048,1726,489,253
Total Assets23,301,01924,086,235
Current Liabilities:  
Accounts payable and accrued expenses2,608,9383,207,577
Deferred revenue336,201281,060
Finance leases payable263,600359,868
Finance leases payable related party235,944520,623
Operating lease liabilities short term63,983160,657
Total Current Liabilities3,508,6664,529,785
 Operating lease liabilities71,772
Finance leases payable17,641281,242
Finance leases payable related party20,297256,241
Total Long-Term Liabilities37,938609,255
Total Liabilities3,546,6045,139,040
Commitments and contingencies (Note 7)
Stockholders’ Equity:  
Preferred stock, Series A par value $.001; 10,000,000 shares authorized;0 shares issued and outstanding in 2023 and 2022
Common stock, par value $.001; 250,000,000 shares authorized; 6,880,460 and 6,822,127 shares issued and outstanding in 2023 and 2022, respectively6,8816,822
Additional paid in capital39,490,28538,982,440
Accumulated deficit(19,505,803)(19,887,378)
Total Data Storage Corp Stockholders’ Equity19,991,36319,101,884
Non-controlling interest in consolidated subsidiary(236,948)(154,689)
Total Stockholder’s Equity19,754,41518,947,195
Total Liabilities and Stockholders’ Equity$ 23,301,019$ 24,086,235

About Data Storage Corp.

DTST
Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. The company offers data protection and disaster recovery solutions; high availability, data vaulting, retention, Infrastructure as a Service, standby server, support and maintenance, and internet solutions. It also provides cybersecurity solutions comprising managed endpoint security with active threat mitigation, system security assessment, and risk analysis services, as well as applications for continuous security and auditing; and voice and data solutions, such as VoIP and data services with fiber optic, coaxial, and wireless networks for businesses to connect from any location. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government sectors. Data Storage Corporation was founded in 2001 and is headquartered in Melville, New York.
 CEO
 WEBSITEdatastoragecorp.com
 INDUSTRYIT Services
 EMPLOYEES45

Data Storage Corp. Frequently Asked Questions

What is the ticker symbol for Data Storage Corp.? What does DTST stand for in stocks?

DTST is the stock ticker symbol of Data Storage Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Data Storage Corp. (DTST)?

As of Fri Apr 26 2024, market cap of Data Storage Corp. is 35.08 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DTST stock?

You can check DTST's fair value in chart for subscribers.

What is the fair value of DTST stock?

You can check DTST's fair value in chart for subscribers. The fair value of Data Storage Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Data Storage Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DTST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Data Storage Corp. a good stock to buy?

The fair value guage provides a quick view whether DTST is over valued or under valued. Whether Data Storage Corp. is cheap or expensive depends on the assumptions which impact Data Storage Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DTST.

What is Data Storage Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, DTST's PE ratio (Price to Earnings) is 93.86 and Price to Sales (PS) ratio is 1.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DTST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Data Storage Corp.'s stock?

In the past 10 years, Data Storage Corp. has provided 0.587 (multiply by 100 for percentage) rate of return.