The price-to-earnings ratio for Dynatrace Inc (NYSE: DT) is 67.59x, which is above its average ratio. Moreover, the 36-month beta value for DT is 1.06. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 2.62% of that float. On April 16, 2024, DT’s average trading volume was 3.75M shares.
DT) stock’s latest price update
Dynatrace Inc (NYSE: DT)’s stock price has dropped by -1.98 in relation to previous closing price of 45.85. Nevertheless, the company has seen a loss of -4.57% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-11 that Dynatrace (DT) expands its partnership with Alphabet’s cloud business, Google Cloud, for unified observability and security, driving digital transformation globally.
DT’s Market Performance
DT’s stock has fallen by -4.57% in the past week, with a monthly drop of -4.18% and a quarterly drop of -20.11%. The volatility ratio for the week is 2.09% while the volatility levels for the last 30 days are 2.22% for Dynatrace Inc. The simple moving average for the past 20 days is -2.88% for DT’s stock, with a -10.77% simple moving average for the past 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 -8.80% 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 -26.82% of loss for the given period.
Volatility was left at 2.22%, however, over the last 30 days, the volatility rate increased by 2.09%, as shares sank -1.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.92% lower at present.
During the last 5 trading sessions, DT fell by -4.57%, which changed the moving average for the period of 200-days by -12.23% in comparison to the 20-day moving average, which settled at $46.24. In addition, Dynatrace Inc saw -17.83% 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 9.23. 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 wrap up, the performance of Dynatrace Inc (DT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
