Currently, Dynatrace Inc [DT] is trading at $46.26, up 4.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DT shares have lost -2.67% over the last week, with a monthly amount drifted -0.49%, 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 April 18, 2024, when Cleveland Research upgraded its rating to a Buy. Previously, Needham downgraded its rating to Hold on April 01, 2024. On March 18, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $60 on the stock. CapitalOne started tracking the stock assigning a Overweight rating and suggested a price target of $64 on February 21, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $60 as its price target on February 13, 2024. Scotiabank started tracking with a Sector Outperform rating for this stock on December 05, 2023, and assigned it a price target of $62. In a note dated October 23, 2023, Guggenheim initiated an Buy rating and provided a target price of $58 on this stock.
This stock has fluctuated between a low of $40.43 and a high of $61.41 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $58.95 within the next 12 months. Dynatrace Inc [NYSE: DT] shares were valued at $46.26 at the most recent close of the market. An investor can expect a potential return of 27.43% 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 45.59 points at the first support level, and at 44.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.84, and for the 2nd resistance point, it is at 47.42.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dynatrace Inc [NYSE:DT] is 1.25. As well, the Quick Ratio is 1.25, while the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 10.04, the price to book ratio is 7.15 and price to earnings (TTM) ratio is 69.57.
Transactions by insiders
Recent insider trading involved MCCONNELL RICK M, Chief Executive Officer, that happened on Mar 15 ’24 when 25000.0 shares were sold. SVP, Chief Revenue Officer, Zugelder Dan completed a deal on Mar 12 ’24 to sell 4302.0 shares. Meanwhile, Chief Executive Officer MCCONNELL RICK M sold 12001.0 shares on Mar 06 ’24.
