As of Wednesday close, Dynatrace Inc.’s (NYSE:DT) stock was down -$1.15, moving down -2.43 percent to $46.25. The average number of shares traded per day over the past five days has been 4,010,680 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.42 fall in that time frame. In the last twenty days, the average volume was 2,371,225, while in the previous 50 days, it was 2,605,604.
Since last month, DT stock retreated -0.26%. Shares of the company fell to $45.68 on 08/24/23, the lowest level in the past month. A 52-week high of $55.87 was reached on 07/12/23 after having rallying from a 52-week low of $31.54. Since the beginning of this year, DT’s stock price has risen by 20.76% or $7.95, and marked a new high 14 times. However, the stock has declined by -17.22% since its 52-week high.
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DT stock investors should be aware that Dynatrace Inc. (DT) stock had its last reported insider trading activity 15 days ago on Sep 06. MCCONNELL RICK M, the Chief Executive Officer of the company, disposed of 14,053 shares for $47.10 on Sep 06. It resulted in a $661,957 divestment by the insider. Greifeneder Bernd sold 5,198 shares at an average price of $47.10 on Sep 06. The insider now owns 1,004,848 shares following the transaction. On Sep 06, Chief Customer Officer Dollentz-Scharer Matthias sold 2,079 shares at $47.10 apiece. The transaction was valued at $97,929.
Valuation Metrics
Right now, Dynatrace Inc. (DT) has a P/E ratio of about 94.39. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 11.25, the price-to-book (PB) ratio of 7.91, and the price-to-cash flow ratio of 42.94 may also be considered.
Financial Health
In the three months ended June 29, Dynatrace Inc.’s quick ratio stood at 1.20, while its current ratio was 1.20, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 80.90% percent. In the year ended June 29, EBITDA margin amounted to 12.74%, whereas operating margins totaled 8.80%. Based on annual data, DT earned $935.64 million in gross profit and brought in $1.16 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.30%. Return on equity (ROE) for the past 12 months was 9.30%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DT’s revenue rose 4.24% to $246.06 million during the quarter, while net income inched up to $317.34 million. While analysts expected Dynatrace Inc. to report $0.22 quarterly earnings, the actual figure was $0.27 per share, beating the consensus estimate by 22.70%. During the quarter, the company generated $47.88 million in EBITDA. The liabilities of Dynatrace Inc. were 1.02 billion at the end of its most recent quarter ended June 29, and its total debt was $78.62 million. The value of shareholders’ equity is $293.29 million.
Technical Picture
This quick technical analysis looks at Dynatrace Inc.’s (DT) price momentum. With a historical volatility rate of 25.63%, the RSI 9-day stood at 39.58% on 20 September.
With respect to its five-day moving average, the current Dynatrace Inc. price is down by -2.98% percent or -$1.42. At present, DT shares trade +0.24% above its 20-day simple moving average and +8.98% percent above its 100-day simple moving average. However, the stock is currently trading approximately -15.86% below its SMA50 and +17.36% above its SMA200.
Stochastic coefficient K was 32.04% and Stochastic coefficient D was 32.55%, while ATR was 1.12. Given the Stochastic reading of 12.58% for the 14-day period, the RSI (14) reading has been calculated as 41.61%. As of today, the MACD Oscillator reading stands at -0.39, while the 14-day reading stands at -0.71.
Analyst Ratings
TD Cowen launched its rating on Dynatrace Inc. (NYSE: DT) to an Outperform in a note to investors on August 18, 2023. Dynatrace Inc. (DT) has been rated Overweight by analysts. According to 0 brokerage firms, DT is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Dynatrace Inc. stock as buy, with 17 recommending it as overweight.
With a median target price of $57.00, the current consensus forecast for the stock is $38.00 – $65.00. Based on these forecasts, analysts predict Dynatrace Inc. (DT) will achieve an average price target of $56.21.
