Dynatrace Inc. (NYSE:DT) saw a downside of -0.50% to close Tuesday at $46.14 after subtracting -$0.23 on the day. The 5-day average trading volume is 1,724,620 shares of the company’s common stock. It has gained $47.06 in the past week and touched a new high 3 times within the past 5 days. An average of 3,052,280 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,677,738.
DT’s 1-month performance is -11.41% or -$6.18 on its low of $45.27 reached on 08/14/23. The company’s shares have touched a 52-week low of $31.54 and high of $55.87, with the stock’s rally to the 52-week high happening on 07/12/23. YTD, DT has achieved 20.47% or $7.84 and has reached a new high 14 times. However, the current price is down -17.42% from the 52-week high price.
Insider Transactions
DT stock investors last saw insider trading activity on Aug 18.Dollentz-Scharer Matthias (Chief Customer Officer) most recently sold 739 shares at $45.36 per share on Aug 18. This transaction cost the insider $33,521. SVP, Chief Technology Officer, Greifeneder Bernd, sold 4,905 shares at a price of $45.49 on Aug 16. Then, on Aug 16, Chief Accounting Officer Allen Alicia sold 3,313 shares at a price of $45.77 per share. This transaction amounted to $151,636.
Valuation Metrics
DT stock has a beta of 1.11. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 10.87 while the price-to-book (PB) in the most recent quarter is 7.89, with the price to cash flow ratio at 41.49.
Dynatrace Inc.’s quick ratio for the period ended June 29 was 1.20, with the current ratio over the same period at 1.20.. In terms of profitability, the gross margin trailing 12 months is 80.90%. The trailing 12-month EBITDA margin is 12.74% while for the period ending June 29, Dynatrace Inc.’s operating margin was 8.80%. The firm’s gross profit as reported stood at $935.64 million against revenue of $1.16 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 94.47% to $38.19 million, while revenue of $80.29 million was -110.24% off the previous quarter. Analysts expected DT to announce $0.22 per share in earnings in its latest quarter, but it posted $0.27, representing a 22.70% surprise. EBITDA for the quarter stood at more than $47.88 million. DT stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.02 billion, with total debt at $78.62 million. Shareholders hold equity totaling $293.29 million.
Let’s look briefly at Dynatrace Inc. (DT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 35.08% to suggest the stock is trending Neutral, with historical volatility in this time period at 15.02%.
The stock’s 5-day moving average is $46.13, reflecting a +1.16% or $0.53 change from its current price. DT is currently trading -13.87% above its 20-day SMA, +14.15% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.46% and SMA200 by+44.19%.
Stochastic %K and %D was 19.30% and 13.00% and the average true range (ATR) pointed at 1.31. The RSI (14) points at 35.95%, while the 14-day stochastic is at 25.36% with the period’s ATR at 1.40. The stock’s 9-day MACD Oscillator is pointing at 0.23 and -0.22 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Dynatrace Inc. (NYSE: DT), TD Cowen launched coverage with an Outperform rating.
