Dynatrace Inc (DT) Shares on the Rise: Short-term Analysis

Dynatrace Inc [DT] stock is trading at $54.13, up 1.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The DT shares have gain 0.24% over the last week, with a monthly amount glided 3.14%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Exane BNP Paribas started tracking the stock with Neutral rating on October 08, 2024, and set its price target to $52. On October 07, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $64 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $50 on June 27, 2024. Cleveland Research upgraded its rating to a Buy. Needham downgraded its rating to Hold for this stock on April 01, 2024. In a note dated March 18, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $60 on this stock.

Dynatrace Inc [DT] stock has fluctuated between $39.42 and $61.41 over the past year. Currently, Wall Street analysts expect the stock to reach $61.13 within the next 12 months. Dynatrace Inc [NYSE: DT] shares were valued at $54.13 at the most recent close of the market. An investor can expect a potential return of 12.93% based on the average DT price forecast.

Analyzing the DT fundamentals

Dynatrace Inc [NYSE:DT] reported sales of 1.50B for the trailing twelve months, which represents a growth 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

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 53.72 points at the first support level, and at 53.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.35, and for the 2nd resistance point, it is at 54.58.

Ratios To Look Out For

For context, Dynatrace Inc’s Current Ratio is 1.26. On the other hand, the Quick Ratio is 1.26, and the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 10.77, the price to book ratio is 7.81 and price to earnings (TTM) ratio is 104.62.

Transactions by insiders

Recent insider trading involved LIFSHATZ STEPHEN J, Director, that happened on Oct 11 ’24 when 5000.0 shares were sold. Director, LIFSHATZ STEPHEN J completed a deal on Oct 11 ’24 to buy 5000.0 shares. Meanwhile, Chief Executive Officer MCCONNELL RICK M sold 50000.0 shares on Sep 16 ’24.

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