Dynatrace Inc (DT) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Dynatrace Inc (NYSE: DT) is above average at 100.73x. The 36-month beta value for DT is also noteworthy at 1.06. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 10 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”

The public float for DT is 292.89M, and at present, short sellers hold a 1.79% of that float. The average trading volume of DT on October 02, 2024 was 2.95M shares.

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DT) stock’s latest price update

Dynatrace Inc (NYSE: DT) has seen a decline in its stock price by -2.52 in relation to its previous close of 53.47. However, the company has experienced a -0.70% decline in its stock price over the last five trading sessions. zacks.com reported 2024-09-27 that The latest trading day saw Dynatrace (DT) settling at $52.99, representing a +0.78% change from its previous close.

DT’s Market Performance

Dynatrace Inc (DT) has experienced a -0.70% fall in stock performance for the past week, with a 2.96% rise in the past month, and a 14.63% rise in the past quarter. The volatility ratio for the week is 1.66%, and the volatility levels for the past 30 days are at 1.90% for DT. The simple moving average for the last 20 days is 1.48% for DT stock, with a simple moving average of 6.51% for the last 200 days.

Analysts’ Opinion of DT

Many brokerage firms have already submitted their reports for DT stocks, with Piper Sandler repeating the rating for DT by listing it as a “Neutral.” The predicted price for DT in the upcoming period, according to Piper Sandler is $50 based on the research report published on June 27, 2024 of the current year 2024.

DT Trading at 7.31% 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 -15.13% of loss for the given period.

Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +4.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.05% upper at present.

During the last 5 trading sessions, DT fell by -0.70%, which changed the moving average for the period of 200-days by -4.63% in comparison to the 20-day moving average, which settled at $51.48. In addition, Dynatrace Inc saw -4.70% 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 50,000 shares at the price of $51.50 back on Sep 16 ’24. After this action, MCCONNELL RICK M now owns 650,587 shares of Dynatrace Inc, valued at $2,575,105 using the latest closing price.

MCCONNELL RICK M, the Officer of Dynatrace Inc, proposed sale 80,000 shares at $50.92 during a trade that took place back on Sep 16 ’24, which means that MCCONNELL RICK M is holding shares at $4,073,600 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 0.1. The total capital return value is set at 0.06. Equity return is now at value 8.22, with 5.18 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 5.83. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 4.52.

Currently, EBITDA for the company is 183.34 million with net debt to EBITDA at -4.62. When we switch over and look at the enterprise to sales, we see a ratio of 9.81. The receivables turnover for the company is 6.11for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.

Conclusion

In summary, Dynatrace Inc (DT) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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