In the past week, DTM stock has gone down by -7.86%, with a monthly gain of 2.54% and a quarterly surge of 14.95%. The volatility ratio for the week is 4.50%, and the volatility levels for the last 30 days are 2.92% for DT Midstream Inc. The simple moving average for the past 20 days is -3.09% for DTM’s stock, with a 24.94% simple moving average for the past 200 days.
Is It Worth Investing in DT Midstream Inc (NYSE: DTM) Right Now?
The price-to-earnings ratio for DT Midstream Inc (NYSE: DTM) is above average at 24.92x. The 36-month beta value for DTM is also noteworthy at 0.82. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for DTM is 100.52M, and at present, short sellers hold a 3.48% of that float. The average trading volume of DTM on January 31, 2025 was 980.59K shares.
DTM) stock’s latest price update
DT Midstream Inc (NYSE: DTM)’s stock price has gone rise by 0.04 in comparison to its previous close of 102.61, however, the company has experienced a -7.86% decrease in its stock price over the last five trading days. investors.com reported 2025-01-11 that Constellation Energy, American Express and Howmet Aerospace are S&P 500 stocks to keep tabs on, despite a rough market. The post S&P 500 Nuclear Giant Jumped 90% In 2024 And Leads These 5 Stocks Near Buy Points appeared first on Investor’s Business Daily.
Analysts’ Opinion of DTM
Many brokerage firms have already submitted their reports for DTM stocks, with Barclays repeating the rating for DTM by listing it as a “Equal Weight.” The predicted price for DTM in the upcoming period, according to Barclays is $112 based on the research report published on January 10, 2025 of the current year 2025.
Stifel, on the other hand, stated in their research note that they expect to see DTM reach a price target of $106, previously predicting the price at $89. The rating they have provided for DTM stocks is “Buy” according to the report published on December 19th, 2024.
Citigroup gave a rating of “Buy” to DTM, setting the target price at $115 in the report published on November 21st of the previous year.
DTM Trading at -0.88% from the 50-Day Moving Average
After a stumble in the market that brought DTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.35% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 4.50%, as shares surge +3.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.89% upper at present.
During the last 5 trading sessions, DTM fell by -7.82%, which changed the moving average for the period of 200-days by +65.13% in comparison to the 20-day moving average, which settled at $105.92. In addition, DT Midstream Inc saw 3.24% 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 DTM starting from Jewell Jeffrey A, who purchase 200 shares at the price of $74.22 back on Aug 09 ’24. After this action, Jewell Jeffrey A now owns 44,485 shares of DT Midstream Inc, valued at $14,844 using the latest closing price.
Jewell Jeffrey A, the Executive V.P., CFO of DT Midstream Inc, purchase 400 shares at $62.80 during a trade that took place back on May 03 ’24, which means that Jewell Jeffrey A is holding 44,285 shares at $25,118 based on the most recent closing price.
Stock Fundamentals for DTM
Current profitability levels for the company are sitting at:
- 0.51 for the present operating margin
- 0.61 for the gross margin
The net margin for DT Midstream Inc stands at 0.41. The total capital return value is set at 0.06. Equity return is now at value 9.69, with 4.61 for asset returns.
Based on DT Midstream Inc (DTM), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 3.18.
Currently, EBITDA for the company is 850.0 million with net debt to EBITDA at 2.98. When we switch over and look at the enterprise to sales, we see a ratio of 13.28. The receivables turnover for the company is 6.83for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
In summary, DT Midstream Inc (DTM) 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’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.