Dynatrace Inc (DT) Stock Short-term Performance Analysis

Dynatrace Inc [DT] stock prices are down -0.26% to $53.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DT shares have gain 2.19% over the last week, with a monthly amount glided 4.64%, and 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 October 08, 2024, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $52. Previously, Barclays upgraded its rating to Overweight on October 07, 2024, and elevated its price target to $64. On June 27, 2024, Piper Sandler initiated with a Neutral rating and assigned a price target of $50 on the stock. Cleveland Research upgraded its rating to a Buy. Needham downgraded its rating to a Hold. Wolfe Research started tracking with a Outperform rating for this stock on March 18, 2024, and assigned it a price target of $60. In a note dated February 21, 2024, CapitalOne initiated an Overweight rating and provided a target price of $64 on this stock.

The stock price of Dynatrace Inc [DT] has been fluctuating between $39.42 and $61.41 over the past year. Currently, Wall Street analysts expect the stock to reach $59.58 within the next 12 months. Dynatrace Inc [NYSE: DT] shares were valued at $53.26 at the most recent close of the market. An investor can expect a potential return of 11.87% based on the average DT price forecast.

Analyzing the DT fundamentals

The Dynatrace Inc [NYSE:DT] reported sales of 1.50B for trailing twelve months, representing a surge of 19.93%. 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 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 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 52.89 points at the first support level, and at 52.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.70, and for the 2nd resistance point, it is at 54.15.

Ratios To Look Out For

It’s worth pointing out that Dynatrace Inc [NYSE:DT]’s Current Ratio is 1.26. In addition, the Quick Ratio stands at 1.26 and the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 10.60, the price to book ratio is 7.68 and price to earnings (TTM) ratio is 102.94.

Transactions by insiders

Recent insider trading involved MCCONNELL RICK M, Chief Executive Officer, that happened on Sep 16 ’24 when 50000.0 shares were sold. Officer, MCCONNELL RICK M completed a deal on Sep 16 ’24 to buy 80000.0 shares. Meanwhile, Director KENNETH VIRNIG II bought 25700.0 shares on Sep 10 ’24.

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