Dynatrace Inc (NYSE: DT)’s stock price has decreased by -0.11 compared to its previous closing price of 45.84. However, the company has seen a -2.78% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Investors interested in Computers – IT Services stocks are likely familiar with Amdocs (DOX) and Dynatrace (DT). But which of these two stocks is more attractive to value investors?
Is It Worth Investing in Dynatrace Inc (NYSE: DT) Right Now?
Dynatrace Inc (NYSE: DT) has a higher price-to-earnings ratio of 68.87x compared to its average ratio. DT has 36-month beta value of 1.06. Analysts have mixed views 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 274.77M, and currently, short sellers hold a 2.64% ratio of that float. The average trading volume of DT on May 06, 2024 was 3.95M shares.
DT’s Market Performance
DT’s stock has seen a -2.78% decrease for the week, with a -0.39% drop in the past month and a -24.56% fall in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are at 2.24% for Dynatrace Inc The simple moving average for the past 20 days is -0.74% for DT’s stock, with a -8.18% simple moving average for the past 200 days.
Analysts’ Opinion of DT
Wolfe Research gave a rating of “Outperform” to DT, setting the target price at $60 in the report published on March 18th of the current year.
DT Trading at -1.96% 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 -25.44% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares sank -0.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.61% lower at present.
During the last 5 trading sessions, DT fell by -2.78%, which changed the moving average for the period of 200-days by -15.36% in comparison to the 20-day moving average, which settled at $46.12. In addition, Dynatrace Inc saw -16.27% 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 9.42. 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 put it simply, Dynatrace Inc (DT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
