A share price of Dynatrace Inc [DT] is currently trading at $46.90, up 0.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The DT shares have gain 0.11% over the last week, with a monthly amount drifted -9.91%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dynatrace Inc [NYSE: DT] stock has seen the most recent analyst activity on February 21, 2024, when CapitalOne initiated its Overweight rating and assigned the stock a price target of $64. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on February 13, 2024, and set its price target to $60. On December 05, 2023, Scotiabank initiated with a Sector Outperform rating and assigned a price target of $62 on the stock. Guggenheim started tracking the stock assigning a Buy rating and suggested a price target of $58 on October 23, 2023. DA Davidson upgraded its rating to a Buy and raised its price target to $65 on October 12, 2023. TD Cowen started tracking with a Outperform rating for this stock on August 18, 2023, and assigned it a price target of $57. In a note dated June 06, 2023, DA Davidson initiated an Neutral rating and provided a target price of $50 on this stock.
Dynatrace Inc experienced fluctuations in its stock price throughout the past year between $37.76 and $61.41. Currently, Wall Street analysts expect the stock to reach $59.26 within the next 12 months. Dynatrace Inc [NYSE: DT] shares were valued at $46.90 at the most recent close of the market. An investor can expect a potential return of 26.35% based on the average DT price forecast.
Analyzing the DT fundamentals
Trailing Twelve Months sales for Dynatrace Inc [NYSE:DT] were 1.36B which represents 22.74% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.11 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.16 points at the first support level, and at 45.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.28, and for the 2nd resistance point, it is at 47.66.
Dynatrace Inc [DT] reported earnings per share of $0.32 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.28/share, meaning a difference of $0.04 and a surprise factor of 14.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.31 per share as compared to estimates of $0.26 per share, a difference of $0.05 representing a surprise of 19.20%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dynatrace Inc [NYSE:DT] is 1.25. On the other hand, the Quick Ratio is 1.25, and the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 10.18, the price to book ratio is 7.25 and price to earnings (TTM) ratio is 70.54.
Transactions by insiders
Recent insider trading involved Zugelder Dan, SVP, Chief Revenue Officer, that happened on Mar 12 ’24 when 4302.0 shares were sold. Chief Executive Officer, MCCONNELL RICK M completed a deal on Mar 06 ’24 to sell 12001.0 shares. Meanwhile, SVP, Chief Technology Officer Greifeneder Bernd sold 5184.0 shares on Mar 06 ’24.
