Dynatrace Inc (NYSE: DT)’s stock price has plunge by 2.41relation to previous closing price of 45.98. Nevertheless, the company has seen a 2.95% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-24 that Most investors are happy chasing the returns from the S&P 500. The time-tested method repeatedly for investors.
Is It Worth Investing in Dynatrace Inc (NYSE: DT) Right Now?
Dynatrace Inc (NYSE: DT) has a price-to-earnings ratio that is above its average at 70.82x. The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DT is 274.81M, and at present, short sellers hold a 1.44% of that float. On April 09, 2024, the average trading volume of DT was 3.66M shares.
DT’s Market Performance
DT stock saw an increase of 2.95% in the past week, with a monthly gain of 0.51% and a quarterly increase of -9.00%. The volatility ratio for the week is 2.42%, and the volatility levels for the last 30 days are 2.20% for Dynatrace Inc (DT). The simple moving average for the last 20 days is 2.00% for DT stock, with a simple moving average of -6.66% for the last 200 days.
Analysts’ Opinion of DT
Wolfe Research, on the other hand, stated in their research note that they expect to see DT reach a price target of $60. The rating they have provided for DT stocks is “Outperform” according to the report published on March 18th, 2024.
CapitalOne gave a rating of “Overweight” to DT, setting the target price at $64 in the report published on February 21st of the current year.
DT Trading at -6.59% from the 50-Day Moving Average
After a stumble in the market that brought DT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.32% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.42%, as shares surge +0.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.08% lower at present.
During the last 5 trading sessions, DT rose by +2.95%, which changed the moving average for the period of 200-days by -7.30% in comparison to the 20-day moving average, which settled at $46.18. In addition, Dynatrace Inc saw -13.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DT starting from MCCONNELL RICK M, who sale 25,000 shares at the price of $46.29 back on Mar 15 ’24. After this action, MCCONNELL RICK M now owns 477,105 shares of Dynatrace Inc, valued at $1,157,170 using the latest closing price.
Zugelder Dan, the SVP, Chief Revenue Officer of Dynatrace Inc, sale 4,302 shares at $46.26 during a trade that took place back on Mar 12 ’24, which means that Zugelder Dan is holding 83,037 shares at $199,020 based on the most recent closing price.
Stock Fundamentals for DT
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.81 for the gross margin
The net margin for Dynatrace Inc stands at 0.14. The total capital return value is set at 0.06. Equity return is now at value 11.65, with 7.28 for asset returns.
Based on Dynatrace Inc (DT), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 4.94. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 4.11.
Currently, EBITDA for the company is 148.13 million with net debt to EBITDA at -4.47. When we switch over and look at the enterprise to sales, we see a ratio of 9.7. The receivables turnover for the company is 3.77for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
Conclusion
To sum up, Dynatrace Inc (DT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
