Dynatrace Inc (NYSE:DT) does about 3.66M shares in volume on a normal day but saw 4496397 shares change hands in Monday trading. The company now has a market cap of 13.94B USD. Its current market price is $47.09, marking an increase of 2.41% compared to the previous close of $45.98. The 52 week high reached by this stock is $61.41 whilst the lowest price level in 52 weeks is $40.27.
Dynatrace Inc (DT) has a 20-day trading average at $46.18 and the current price is -23.32% off the 52-week high compared with 16.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $50.19 and its 200-day simple moving average is $50.43. If we look at the stock’s price movements over the week, volatility stands at 2.42%, which decreases to 2.20% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 49.15 to suggest the stock is neutral.
The consensus objective for the share price is $63.51, suggesting that the stock has a potential upside of 25.85% over the period.
CapitalOne initiated its price target at $64.
Dynatrace Inc (DT) stock is up 2.95% over the week and 0.51% over the past month. Its price is -13.90% year-to-date and 14.66% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $0.32 above consensus estimates by $0.04. DT’s earnings per share are forecast to grow by 20.60% this year and 12.80% over next year. Expected sales for next quarter are $393.83 million, which analysts say will come at $1.43 billion for the current fiscal year and next year at $1.69 billion. In addition, estimates put the company’s current quarterly revenue at an average of $375.23 million.
To reach the target analysts have set, the stock logically needs to grow 25.85 percent from here.
Outstanding shares total 290.41M with insiders holding 0.43% of the shares and institutional holders owning 91.59% of the company’s common stock. The company has a return on investment of 9.99% and return on equity of 11.65%. The price to earnings ratio (P/E ratio) amounts to 70.82 while the forward price to earnings ratio is 35.69. The beta has a value of 1.07. Price to book ratio is 7.28 and price to sales ratio is 10.22.
