Before You Invest In Dynatrace Inc (NYSE:DT), Consider This Metric

Stocks of Dynatrace Inc (NYSE:DT) traded higher last session on Wall Street, unchanged to $49.35.

According to the data, Dynatrace Inc (NYSE:DT) has 28 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $65.00 and a low of $38.00, we find $57.00. Given the previous closing price of $49.35, this indicates a potential upside of 15.5 percent. DT stock price is now 4.97% away from the 50-day moving average and 6.54% away from the 200-day moving average. The market capitalization of the company currently stands at $14.53B.

A total of 7 analysts have issued a hold rating and 19 have given it a buy rating. Brokers who have rated the stock have averaged $56.08 as their price target over the next twelve months.

With the price target of $58, Guggenheim recently initiated with Buy rating for Dynatrace Inc (NYSE: DT).

In other news, THOMA BRAVO UGP, LLC, 10% Owner sold 9,811,097 shares of the company’s stock on Nov 06. The stock was sold for $455,234,901 at an average price of $46.40. Upon completion of the transaction, the 10% Owner now directly owns 41,857,273 shares in the company, valued at $2.07 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 06, Chief Executive Officer MCCONNELL RICK M sold 14,053 shares of the business’s stock. A total of $661,957 was realized by selling the stock at an average price of $47.10. This leaves the insider owning 578,952 shares of the company worth $28.57 million. Insiders disposed of 33,188,808 shares of company stock worth roughly $1.64 billion over the past 1 year. A total of 19.26% of the company’s stock is owned by insiders.

During the past 12 months, Dynatrace Inc has had a low of $33.78 and a high of $55.87. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 1.19, and a quick ratio of 1.19. According to the stock market information, the enterprise value for the company is $13.90B, which is based on a 85.99 price-to-earnings ratio, a 6.99 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for DT is $47.01 and a two-hundred day moving average price translates $46.32 for the stock.

The latest earnings results from Dynatrace Inc (NYSE: DT) was released for Sep, 2023. According to the Software – Application Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.22 by 0.05. This compares to $0.04 EPS in the same period last year. The net profit margin was 13.06% and return on equity was 10.57% for DT. The company reported revenue of $351.7 million for the quarter, compared to $279.33 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.91 percent. For the current quarter, analysts expect DT to generate $344.45M in revenue.

Dynatrace Inc(DT) Company Profile

Dynatrace, Inc. provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training services. Dynatrace, Inc. markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, insurance, retail, manufacturing, travel, and software. The company operates in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Dynatrace, Inc. was founded in 2005 and is headquartered in Waltham, Massachusetts.

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