Dynatrace Inc (NYSE: DT)’s stock price has increased by 1.63 compared to its previous closing price of 56.36. However, the company has seen a 3.47% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-28 that In our commercial-legal cultures, we hate monopolies but tolerate duopolies. An application watching-observability Dynatrace and Datadog may be evolving toward becoming an informal duopoly. On the surface, the two companies seem very much alike.
Is It Worth Investing in Dynatrace Inc (NYSE: DT) Right Now?
The price-to-earnings ratio for Dynatrace Inc (NYSE: DT) is above average at 105.47x. The 36-month beta value for DT is also noteworthy at 1.02. There are mixed opinions on the stock, with 19 analysts rating it as a “buy,” 7 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
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The public float for DT is 294.63M, and at present, short sellers hold a 2.31% of that float. The average trading volume of DT on December 04, 2024 was 3.02M shares.
DT’s Market Performance
DT’s stock has seen a 3.47% increase for the week, with a 5.94% rise in the past month and a 15.97% gain in the past quarter. The volatility ratio for the week is 1.91%, and the volatility levels for the past 30 days are at 2.93% for Dynatrace Inc The simple moving average for the last 20 days is 5.63% for DT stock, with a simple moving average of 17.94% for the last 200 days.
Analysts’ Opinion of DT
Many brokerage firms have already submitted their reports for DT stocks, with UBS repeating the rating for DT by listing it as a “Neutral.” The predicted price for DT in the upcoming period, according to UBS is $58 based on the research report published on November 27, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see DT reach a price target of $61, previously predicting the price at $53. The rating they have provided for DT stocks is “Outperform” according to the report published on November 08th, 2024.
Wedbush gave a rating of “Outperform” to DT, setting the target price at $67 in the report published on October 17th of the current year.
DT Trading at 6.18% 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 -6.73% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 1.91%, as shares surge +4.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.13% upper at present.
During the last 5 trading sessions, DT rose by +3.47%, which changed the moving average for the period of 200-days by +12.12% in comparison to the 20-day moving average, which settled at $54.23. In addition, Dynatrace Inc saw 4.74% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DT starting from Dollentz-Scharer Matthias, who sale 65,987 shares at the price of $55.31 back on Nov 25 ’24. After this action, Dollentz-Scharer Matthias now owns 100,387 shares of Dynatrace Inc, valued at $3,649,589 using the latest closing price.
MCCONNELL RICK M, the Chief Executive Officer of Dynatrace Inc, sale 30,000 shares at $53.28 during a trade that took place back on Nov 11 ’24, which means that MCCONNELL RICK M is holding 620,587 shares at $1,598,466 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 8.28, with 5.34 for asset returns.
Currently, EBITDA for the company is 183.34 million with net debt to EBITDA at -3.98. When we switch over and look at the enterprise to sales, we see a ratio of 10.41. The receivables turnover for the company is 5.15for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
In summary, Dynatrace Inc (DT) has had a better 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.
