Dynatrace Inc (DT) shares projected to rise by 7.3%

Currently, Dynatrace Inc [DT] is trading at $57.28, up 1.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The DT shares have gain 3.47% over the last week, with a monthly amount glided 5.94%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Dynatrace Inc [NYSE: DT] stock has seen the most recent analyst activity on November 27, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $58. Previously, BMO Capital Markets reaffirmed its Outperform rating on November 08, 2024, and elevated its price target to $61. Exane BNP Paribas started tracking the stock assigning a Neutral rating and suggested a price target of $52 on October 08, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $64 on October 07, 2024. Piper Sandler started tracking with a Neutral rating for this stock on June 27, 2024, and assigned it a price target of $50. In a note dated April 18, 2024, Cleveland Research upgraded an Buy rating on this stock.

This stock has fluctuated between a low of $39.42 and a high of $61.41 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $61.46 within the next 12 months. Dynatrace Inc [NYSE: DT] shares were valued at $57.28 at the most recent close of the market. An investor can expect a potential return of 7.3% based on the average DT price forecast.

Analyzing the DT fundamentals

Trailing Twelve Months sales for Dynatrace Inc [NYSE:DT] were 1.56B which represents 18.89% 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 0.12%, 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.

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 56.29 points at the first support level, and at 55.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.83, and for the 2nd resistance point, it is at 58.38.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Dynatrace Inc [NYSE:DT] is 1.31. On the other hand, the Quick Ratio is 1.31, and the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 10.94, the price to book ratio is 7.98 and price to earnings (TTM) ratio is 105.47.

Transactions by insiders

Recent insider trading involved Dollentz-Scharer Matthias, EVP, Chief Customer Officer, that happened on Nov 25 ’24 when 65987.0 shares were sold. Chief Executive Officer, MCCONNELL RICK M completed a deal on Nov 11 ’24 to sell 30000.0 shares. Meanwhile, Director LIFSHATZ STEPHEN J sold 2500.0 shares on Nov 05 ’24.

Related Posts